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.

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Obsidian Energy Ltd > Cardium players Kavern (Nov and Dec) production estimate

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Comment by JohnJBondon Jan 23, 2024 3:15pm

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Post# 35841475

RE:Cardium players Kavern (Nov and Dec) production estimate

Many thanks Kavern.

Many of OBE's new Q3/Q4 wells only came on production in the second half of Dec/23, so we can anticipate a much larger month on month increase in January.

OBE will be giving another NR on Thursday (before market opens), followed by a presentation in which everyone can submit Questions via the presentation web site (please don't use a genital reference if you sign up this time).

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