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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 kavern23on Aug 04, 2024 7:34pm
115 Views
Post# 36164070

RE:RE:RE:RE:RE:Further reflections on Q2/2024

RE:RE:RE:RE:RE:Further reflections on Q2/2024Perhaps you should move to Canada to at least learn that before Transmountain pipeline opened...Peace River asset couldnt be developed much as the heavy oil discount made development pretty much impossible.

It is eastern canada that is socialist. That pipeline delay was a disaster to canada but dont blame Stephen for Trudeau's mistakes.
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