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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

Post by thetruth54on Aug 01, 2024 11:01am
199 Views
Post# 36158258

Loukas needs to be fired immediately

Loukas needs to be fired immediatelyOf course the feckless cronies he has on the board will never take any action. Loukas has been a complete failure in creating shareholder value these almost 5 years. He is lining his pockets with the rich compensation program he created and the Obe investors have no dividend and a stock which is at about $1.00 US presplit. This stock is proof that no mater how good a company's assets are it requires good management to monitize it for the investors. Now you will see the happy talkers come out with their BS posts soon spinniing what  great things this company is doing. These people are clowns because to a real investor the only thing that matters is shareholder value and on that score Loukas is a zero!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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