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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 > Chesapeake Sale $1.4B
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Post by arnolddiveron Jan 20, 2023 10:16am
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Post# 35235376

Chesapeake Sale $1.4B

Chesapeake Sale $1.4BYesterday Chesapeake Energy sold some of it's eagle ford propertty for $1.4B USD. This particular land produced around 27k boe. Reason, to focus on its natgas production. What's more interesting. It was bought by a private equity firm backed by warburg pincus. Obe is 30k plus. Let's see what the reserve report says also. 
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Dealroom for high-potential pre-IPO opportunities