Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > Refinancing
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(79)
•••
Comment by JohnJBondon May 25, 2022 9:03pm
204 Views
Post# 34707904

RE:RE:RE:Refinancing

RE:RE:RE:RefinancingWhitecap has not got any of OBE's wells.   

This block is jointly owned by OBE and Whitecap.    OBE was the operator.    OBE has transfered operatorship to Whitecap.

Imagine two people own a car, one is in the driving seat and the other is in the passenger seat.   Now imagine they agree to change positions.    Their ownership of the car has not changed.    There is no money exchanged.     The driver now gets to sleep or make phone calls etc, rather than drive.   Its a rearrangement of responsibilities - it doesn't mean that the driver is now giving the car to the passenger!

Please don't claim that events have occured - such as the refinancing is essentially complete - if you are just assuming without any factual knowledge whatsoever.
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities