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Obsidian Energy Ltd T.OBE

Alternate Symbol(s):  OBE

Energy Oil & Gas E&P Energy
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

Obsidian Energy Ltd > The Truth about Summarizing OBE this past year.
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Comment by kavern23on Jan 13, 2025 3:26pm
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Post# 36401907

RE:RE:The Truth about Summarizing OBE this past year.

RE:RE:The Truth about Summarizing OBE this past year.Dude...I dont think oil prices can last being sanction led instead of demand led.....

All these prices will do is stimulate overproduction when production increases are not needed in USA and Canada.

And China demand to continue to be terrible. China oil demand didnt grow in 2024 and almost every anayst got that wrong.
China will just go to 60 percent ev's if oil specualtors get cute.
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