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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 > Today's News Release
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Comment by kavern23on Mar 06, 2024 10:30am
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Post# 35917947

RE:RE:Today's News Release

RE:RE:Today's News ReleaseAlkhor...break up is less of a thing on drilling as for example our in Dawson Clearwater, if wants it can drill 4-6 more wells from same pad and  go in different directions.
pad drilling has really changed things.
with trans mountain opening I would think most companies up in Clearwater will hammer pads over spring break. 
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