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Obsidian Energy Ltd OBE


Primary Symbol: T.OBE

Obsidian Energy Ltd. is a Canada-based exploration and production company. The Company’s principal business consists of the exploration, development and production of petroleum resources. The Company is mainly focused on the Peace River asset. The Peace River is a stable, cold-flow heavy oil Bluesky resource with Clearwater upside within the Peace River Oilsands region. It has full ownership in a large, contiguous 680 section area of land at Peace River. It has a production base of approximately 30,000 boe/d with the Peace River and is its largest asset as it grows its Clearwater and Bluesky production and establishes new fields in the area. Its other assets include Willesden Green and Viking light oil assets. It also has non-operated holdings in the Pembina Cardium Unit #11.


TSX:OBE - Post by User

Post by kavern23on Jun 16, 2025 7:51pm
115 Views
Post# 36611549

Life a real time movie

Life a real time movieNot surprised oil did go down today as nothing material has stopped oil and gas from flowing. Going to be tough for Obe to hold on these day and kick in the fact stock has run up quite fast.

irony is Obe stock price was likely on a better and more sustainable uptrend pre war.

medium term the effects of Israel and Iran conflict can easily be very negative to Canadian oil patch.

Trump is following through on what he said to Iran...he wrote a letter saying you have 60 days and I'm day like 61 isreal does that massive attack.

Trump left g7 conference to deal with this and I suspect he will issue Iran another time ultimatum and the consequences of not listening is the USA 25,000 kg bomb being pulled out and used.

USA bunker bomb is easily 6 times stronger than isreal best and it wouldn't take long for USA to destroy every Iran nuclear site.

I don't understand why Iran isn't taking trumps words seriously. I don't think this last until this Friday 
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