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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

Comment by Hendrick3on May 04, 2023 5:22pm
130 Views
Post# 35431291

RE:Buy Back and Bonuses

RE:Buy Back and BonusesJJ, I love your posts.  I am finding the delays somewhat frustrating. Initially the plan looked to be a 3 rd/4th quarter 2022 event. Then it was pushed to 1q but that was just that there was a plan. Here we are in the midst of 2q and nothing yet. I get that nothing goes according to plan but I think management needs to do better on setting expectations and then beating those expectations. This company has great assets and a great future but I am losing faith in management. Even your analysis today seems like another coming soon trailer at the movie theatre when a year ago the gravy train was supposed to be delivering long ago. Not selling but not nearly excited as I was a year ago. 
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