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.

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Obsidian Energy Ltd

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Post by JohnJBondon Oct 25, 2024 1:46pm

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Post# 36282384

September well results

Last night Petroninja updated with September production numbers for OBE. This information is free, and open source.

You can look for yourself at individual wells to see their production in Sept.

There were several postive surprizes.

1. A 665 BOE / day Pembain well.

2. A 503 bbls oil / day Harmon Valley South, northern stepout well.

3. A 415 bbl oil / day Northern Edge Harmon Valley South well.

I've shared those I looked at on Twitter

The cummulative Sept production number looks like its higher than August. OBE previously announced August's average production was about 40k boe. September appears to be higher than August.

The Oct 31 Q3 earnings release may turn out to be a positive surprize.