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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 Sep 04, 2024 8:54pm
111 Views
Post# 36209105

RE:52 Week Low

RE:52 Week Low
No we have seen enough of Mr. Loukas's throw it up on the wall strategies. This clown has had 5 years as CEO in training. Wake up!. He is just milking the rich compensation program he created. He hasn't created any shareholder value. No dividend and  a presplit price of .87. He has made Obe a penny stock. You are a complete fool to think Obsidian's problem is just related to the recent down turn in the price of oil. It is 5 years of incompetence.
 
He helped destroy his hedge fund Front Four and now he is doing it to Obsidian. Loukas is a complete failure. This company should have been sold a  long time ago but Loukas found an easy cash cow in the compensation program so he is milking it at the expense of Obe investors. 
 
Instead of writing your stupid posts why don't you do something constructive for your own investment and e-mail :Gordon Ritchie the chairman of Obe as I have done to get Loukas fired. 
 
I encourage all obe investors if you care about saving your investment do as I have and e-mail: Gordon Ritchie the Chairman of Obsidian and request that Loukas be removed as CEO. 
 
FIRE LOUKAS NOW !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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