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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

Post by thetruth54on Apr 17, 2023 1:20pm
258 Views
Post# 35398777

Where is the beef? I mean buyback. LOL

Where is the beef? I mean buyback. LOL Where is this fantom buyback already? I hope Loukas isn't holding it back as insurance to cover for the possibility of a bad quarely. That would be tantamount to the corrupt Liberal politicians who use taxpayer money to buy votes by giving away free stuff so they can stay in office and usurp more power. I like Loukas and have been a supporter from the time he took over as CEO. But he needs to recognize that this stock will never do anything until he does some things directly for the long term investors of Obe as well as attract new investors. Obsidian is way behind other companies that have already done buybacks and offer dividends for their investors. This is a competitive marketplace.  Obsidian is way behind those companies in that regard. 
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