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Obsidian Energy Ltd T.OBE

Alternate Symbol(s):  OBE

Energy Oil & Gas E&P Energy
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

Obsidian Energy Ltd > Obe
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Comment by TheRexmemberon May 08, 2022 7:17pm
104 Views
Post# 34665713

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Obe

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Obe

I truly don't care about the comp. 

600k is a steal for a ceo. That is a lot less than most 2000 boe/d micro caps we're paying a few years. The fact that he took it all in shares shows how committed he is. A great management team is expensive. Penn West was a tire fire for so long it amazes me that anyone would possibly b!tch about compensation when the company is up about 500% in the past year and they are finally firing on all cylinders. 

it might be why so many top teams are running private companies now. Less drama. 

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