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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 > Three Articles
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Comment by kavern23on May 18, 2022 8:34pm
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Post# 34694189

RE:Three Articles

RE:Three Articleslol...your third article isn't a bullish thing geezer...an article saying europe is speeding up tranistion to green energy isnt a positive thing....




geezer21 wrote:
2.445 mbbl Crude Draw

The American Petroleum Institute (API) reported a draw this week for crude oil of 2.445 million barrels, compared to analyst predictions of a 1.533 million barrel build.

https://oilprice.com/Latest-Energy-News/World-News/API-Reports-Inventory-Draws-In-Crude-Gasoline-Despite-SPR-Release.html

Gas to Finland Cut Off

Russian could cut off the natural gas supply to Finland late on Friday or early Saturday, Gasum, the state-owned energy provider in Finland, said on Wednesday.

https://oilprice.com/Latest-Energy-News/World-News/Russia-Could-Halt-Gas-Supply-To-Finland-On-Friday.html

Euro Plan to End Russian Fossil Fuels

The European Commission has announced a 210 billion euro ($220bn) plan to end its dependency on Russian fossil fuels in a span of five years and speed up its transition to green energy.

https://www.aljazeera.com/news/2022/5/18/eu-rushes-out-210-billion-euro-investment-to-ditch-russian-energy


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