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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 15, 2025 1:18pm
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Post# 36405344

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

RE:RE:RE:RE:The Truth about Summarizing OBE this past year.It's okay if sanctions are not removed...as watch when China 2025 oil monthly demand comes out...it will drop alot.

China and USA are like 40% of worlds oil demand and OPEC was flat out VERY wrong on 2024 china oil demand.

How is China oil demand supposed to grow when Chinese government will use huge gov subsisdies to get ev sales near 60% soon.

Silly how excited people are that China grew plug in sales to over 50% by end of 2024.

I think USA put these sanctions on so that China doesnt refine a pile of oil to sell the refined products to Europe and rest of world.

USA is wants those sales. 
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