Obsidian Energy Ltd T.OBE

Bonterra Curse (lol).....

[kavern23]

Probably a coincidence obviously.....but today's is the first time OBE has broken within 80 cents of BNE since I have owned OBE and I have owned OBE for many many months already.

Even in early Sept when Bne sunk to 4.50...Obe was only 3.25-3.50 range. Coulnt do it in summer.
Even in Oct and Nov runs for Obe couldnt get within 80 cents of BNE,

Obe has gotten to under 1 dollar on BNE many times but the 80 threshold was always proving elusive.

Bne 5.08 and Obe 4.36 cents ...72 cents...finally broke 80 cent barrier.

it just never failed for days on end..always 82 cents - like 1dolallar something difference.

Maybe we broke the "bonterra curse"....taken many many days to break 80 lol

[TheRexmember]

Hilarious. I own them all, plus a decent amount of YGR and PIPE. My Surge buy is looking a bit weak though.  still say BNE should just buy PNE. Near zero decline, near zero debt in 3 months at PNE. It would deleverage the balance sheet and add 50 million in free cash flow at 3.75 gas. They both have some wells to abandon otherwise good operators. Gas might not be king right now but it will

[kavern23]

Ole George put out a BNE 2022 Guidance press release out I see..... Based on BNE producing 13500 BOE, they are expecting 150CF and 90 FCF at 70 WTI...with only Q1 in 2022 with slightly sh*tty hedges. Bodes extremely well for Obsidian. In 2022 we should be looking at 320 CF and 180 FCF as prelim numbesr for OBE.  Over double BNE size in 2022. Well BNE will be more even to OBE on a % basis

[ariesleaf]

Oil rises amid stockpile decline and Fed inflation confidence