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 > M&A Activity Heating UP

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Comment by pennydredfulon May 08, 2022 8:32pm

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Post# 34665765

RE:RE:RE:M&A Activity Heating UP

had Penn West ---sold about $22.50 --- can't remember exact price or whether on the way up or down -- seems like a long time ago. I made a profit I think . B and C do not apply . D. you got age right ---even though your commentary is nonsensical .Time will tell how the road map you outlined pans out.

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Cannara reports record growth and profitability in Q4 2023