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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’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

Obsidian Energy Ltd
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  • kavern23X
Comment by kavern23on May 13, 2025 8:19pm
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Post# 36572554

RE:RE:RE:RE:RE:A Gift

RE:RE:RE:RE:RE:A GiftAlways good to collect nice profits that are quick timeline gain. Person is never going to time this perfectly.

Things in USA sure got frothy again with some tech stocks recovering all of their 2025 losses and huge USA nasdaq and Dow gains lately.

energy prices are due for a 10-15 cent nymex gas drop and 1-2.50 oil drop.

oil will start to drop when Saudi barrels hit the market and they will.

it hasn't happened yet but more barrels extra barrels Saudi sells to Europe will priessure USA inventory as exports will face more competition and more barrels will end up staying in USA.

USA faces an energy glut which is why trump is trying to tie countries buying USA oil and gas with trade and tarrif deals.




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