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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 pennydredfulon May 05, 2022 10:10pm
114 Views
Post# 34660979

RE:Not long ago here

RE:Not long ago hereWhich  would  you  rather own  a company paying  cash dividends to  shareholders  of  about   4% starting  in  July  (Surge Energy)  or  a company paying large   stock appreciation  amounts  to  financiers  at  the top  when  there  is no proof  they are performing any  better than  any one else  and  such  a  scheme  is   not   present  in any  other oil and gas  company in Canada  to  my  knowledge  .  They  already get  large  salaries ,  options   etc.  and  apparently  they  are not  even oil and gas types. 
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