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.

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Obsidian Energy Ltd > kavern, you buying before Q1 is released May 4th

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Comment by kavern23on Apr 29, 2022 11:02am

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RE:kavern, you buying before Q1 is released May 4th

Not yet Mickey....

Not liking how whitecap, bte, obe etc are responding too oil going up so much each day yet the share prices really are not moving massively to the plus side....

This oil rally hasnt looked sustainable for world economies.

Germany has manufacuting like June 2020 from covid...only right now when it should recover.
Italy economy contracting
France will soon...

Contracting economies with slow but steady supply grow =

430 wells completed in the Permain basin per month now. Going to grow at that pace fairly fast.

The war over and 90-100 band for WTI would be much better fundmentals then we currently have.

Stock market is never easy...