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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 kavern23on May 03, 2022 11:01am
77 Views
Post# 34651075

RE:RE:RE:Natural Gas

RE:RE:RE:Natural GasIt was only 15 min but still...california powered 100% of their grid by renewables on April 30th for first time ever.
It's not Air conditioning season yet...but still...high NG prices are not going to be good in stopping the solar train and wind train in the USA....

California’s 100% clean energy milestone

Energy demand statewide reached 18,672 megawatts at 2:45 pm, with 37,172 MW available. (Excess is exported to neighboring states.) 101% of the power provided came from clean energy, according to a continuous tracker provided by California Independent System Operator (CAISO), a nonprofit that oversees the operation of the state’s bulk electric power system, transmission lines, and electricity market generated and transmitted by its member utilit




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