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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

Comment by kavern23on Jun 18, 2025 7:46pm
91 Views
Post# 36614490

RE:Back to Work

RE:Back to WorkGood sign..need to be drilling in order to get production growing...can't grow with rigs sitting.
I hope they front load the capex and start 3-4 rigs in July.
1 for belly in willy
2-3 rigs in peace river.

be nice too see Obe raise peace river to 15k as then they would be fcf positive in prop even with a decent sized drill program.
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