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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

Post by pennydredfulon May 05, 2022 10:11am
143 Views
Post# 34658376

Not long ago here

Not long ago here
I  suggested   SGY   stock price  would  surpass   OBE   and  it  currently  has happened. Paul Colborne  of SGY   is doing  a better marketing job.  Also  the  big  bank firms are  liking  providing no support  as  they   are  "sulking"  after  being  frozen out of the last underwriting done  jointly  by  Stifels and  Ray J.   Whether  one is better  than the other at  this point I won't hazard a guess.
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