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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 jacjunon Aug 02, 2024 8:00pm
191 Views
Post# 36162226

obe

obeJJB - your posts are longer than some of the papers I wrote at business school. They're well written and interesting - but a week ago you were sipping the Loukas cool aid and talking about 42,000 BOE -look at what was reported - 36000 ? Last qtr you were high on the same stuff and extolling the virtues of 36,000 BOEs - what did they actully do - 31000 ? Remember " the train had already left the station " Truth is they have over promised and under delivered badly. Holding any oil stock that paid a good dividend the last 4 or 5 yrs you would be a lot better off than holding OBE. Can't blame ' the truth 54 ' for his negativity. Loukas and his fellow mgrs have made a lot of money and we , the shareholders have made nothing. 
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