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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 JohnJBondon Mar 08, 2024 12:53pm
188 Views
Post# 35923069

RE:OBE CEO Steve Loukas Interview

RE:OBE CEO Steve Loukas InterviewIn my view, this is a very good / productive / constructive podcast from the point of view of OBE shareholders.

It does an excellent job establishing that OBE is run by a CEO who knows how to spend shareholder's money on Value Opportunities; to capture and profit from market discounts; materially increase shareholder net worth, while minimizing risk and maximizing reward, thereby treating capital extremely well.

It was a very skillfully, and successfully deployed presentation of subliminal and explicit elements. Not something you see very often. I'm impressed.


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