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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 thetruth54on Aug 01, 2024 4:48pm
117 Views
Post# 36159125

RE:What Just Happened

RE:What Just HappenedYour words: "hopefully OBE follows the trend". That is what all the happy talkers and people like you base their investments on: hope say. Try living in the real world.Loukas has completely failed to create any shareholder value in 5 years. The stock is at $1 US presplit. No shareholder value in 5 years. Wakeup! Loukas needs to be fired. His on the job training time as Ceo on the Obe investors investment is up! When he came out last quarter  with his off the wall projection on production that was no where near reality that did it for me. Obsidian needs to either get a new competent CEO or sell the company. But Loukas needs to leave now!
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