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 > Good Video To Watch

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Comment by Hightowntraderon Jan 04, 2023 7:38pm

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Post# 35203932

RE:RE:Good Video To Watch

Hightowntrader wrote: Shubham has this pegged as a 3x stock at $100 oil and todays $8 price...I almost thought I might get some in the 7's today, but I took advantage of todays 10% off sale.

Only tomorrow will tell me if I regret my $8.05 purchase, but I still think this is a hidden gem.

GL to all.

Like I said, totally awesome move to buy yesterday...lol. 7.?? wasn't really going to happen was it? ;)

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