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

Obsidian Energy Ltd > Rig movin

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Post by kavern23on May 17, 2022 2:22am

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Post# 34688278

Rig movin

No spud yet for OBE, but on drillertalk it says they have a pd rig in lolydminster ready to roll..for a job for OBE so should be soon drilling.

OBE didnt have any rigs running for a good two weeks...forgot if it was mid aprilish when last peace river rig was working.

Maybe this rig getting ready to drill signals OBE has it's debt financing done....guess will find out in next few weeks.

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