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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 > Bne/Obe 2020 sept merger that failed
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Comment by kavern23on Jan 16, 2024 10:37am
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Post# 35828932

RE:RE:RE:Bne/Obe 2020 sept merger that failed

RE:RE:RE:Bne/Obe 2020 sept merger that failedI am not a pumper as I have clearly stated a good chance oil prices are greasy over next two weeks.
EIA reports are bearish...a good chance obe falls even more.  I expect bearish and weakeness in oil and gas prices in Q1 here.

A pumper would not stress CAUTION.

Gasoline demand was already bad to start 2024 and cold weather isnt going to help.

4 years is not a long time dude. Especially when stock was a penny stock in 2020.

OBE wasnt going to 20 dollars in 2023. Sorry man you are unreailiistic. Too early.

Did you expect OBE to be 20 bucks in summer of 2023 after being 40 cents in 2020...is that only way stephen does a good job?

Your nor a rational or experienced investor thetruth.
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