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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 thetruth54on Jan 16, 2024 12:19am
109 Views
Post# 35828243

RE:Think of it this way…

RE:Think of it this way…The only thing that matters to investors is whether or not management creates shareholder value. On that subject Loukas has been an abject failure. Obe investors cannot monitize anything you have written about as it does not show in the share price or in a dividend. SHOW ME THE MONEY and then I will cheer Mr Loukas. Until then I am not interested nor should any OBE investor be interested in your happy talk. Yes it was a great negotiation to steal the balance of the Peace River from the stupid Chinese.. But Loukas on the other hand almost gave the company away to that pathetic BNE company among other failed strategies. Loukas is a failure to date because he hasn't come close to getting Obe investors a fair valuation in 4 years. This company with its world class assets is worth more than $ 20 US by his own admission. He can't even get the company to get a valuation for half of that. That is why OBE investors have called him a failure. Moreover, that is why your posts are nonsense and cheer leading or pumping or whatever your agenda is. Doodie, you are a pumper.
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