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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 > OBE Q2 Reflections
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Comment by JohnJBondon Jul 02, 2024 1:52pm
208 Views
Post# 36114780

RE:OBE Q2 Reflections

RE:OBE Q2 ReflectionsCorrection

Should be 5-27 (not 7-27), and now Petro Ninga is showing oil production for part of May (17 and 18 days respectivly for both wells.

1. 273 bbls oil from 17 days

2. 231 bbls oil from 18 days

I assume this to be the last 17 and 18 days of May.   Indicating these two Wells are still cleaning up, and may improve in June.

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