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Obsidian Energy Ltd T.OBE

Alternate Symbol(s):  OBE

Obsidian Energy Ltd. is a Canada-based exploration and production company. The Company operates in one segment, to explore for, develop and hold interests in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin directly and through investments in securities of subsidiaries holding such interests. It has a portfolio of assets producing around 35,700 barrels of oil equivalent (boe) per day. Its operating areas include Cardium, Peace River and Viking areas of Alberta. Its Cardium asset is a fully delineated and de-risked asset. It is focused on manufacturing repeatable low-decline and high-netback light-oil wells across its Cardium land base. The Viking is a light oil, horizontal development play located in central Alberta. Its operations are focused on the Esther area. Peace River is a stable, cold-flow, base production asset. It operates on a contiguous and an acreage within the heart of the Peace River Oilsands region.


TSX:OBE - Post by User

Comment by TheRexmemberon Apr 26, 2022 11:54pm
136 Views
Post# 34634536

RE:RE:Takeover market

RE:RE:Takeover market

I hate to say it but the most logical buyer is Baytex if the Bluesky continues to perform this well and the Clearwater proves up on a good part of their 500 sections. 

the economics of the clearwater are so incredible that it could be worth more than the current market cap. Heavy oil is awesome at these prices. 

whitecap wouldbe all overthe Cardium land. Bonterra couldn't handle all of it but would be logical buyers for 1/3 of it  

i think the company is worth more than 30 bucks with a bit of luck. 

15 - for Cardium 
7- for bluesky
5+ for tax pools
1 for viking

? clearwater - we have almost as many gross sections as TVE. Not proved up but....
 

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