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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 09, 2022 12:45pm
64 Views
Post# 34667448

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:M&A Activity Heating UPTrudeau should have gotten more LNG plants going in Canada....so slow....I mean they are just looking at a maritime LNG plant now????

Federal liberal government is very arrogant and they seem to have a view that everyone will always wait and beg for Canadian energy.

Right now Trudeau is licking every European leaders bum and grinning over Russia NG ban.

Without realizing this is a a game of musical chairs...the China LNG market is going to go to Russia in the future.

China is building 12 super LNG tankers....lol these are not being built to get Canadian NG in 2026....they are being built so Russia can send more NG to China that they will lose in Europe sales.

Everyone seems to assume Putin is just going to let his oil and gas industry sink.

I dont think so.

Putin has stronger long term sales markets with Asia and India then Canada does with Europe...and the mature USA market.

Canada F*CKED UP not having LNG going right now.



arnolddiver wrote: Pennydredful, take your meds and change your depends. KInder Morgan was not going to complete Trans Mountain because they were sick and tired of Canadian politics and courts. No one was going to step up so it would have been a dead project without the canadian govt taking over. So yes Trudeau saved it and the environmentalists lost. End of story. You're on mute now so do yourself a favor and mute me too.


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