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Bullboard - Stock Discussion Forum Obsidian Energy Ltd T.OBE

Alternate Symbol(s):  OBE

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... see more

TSX:OBE - Post Discussion

Obsidian Energy Ltd > IPO news
View:
Post by pennydredful on Dec 31, 2021 11:28am

IPO news

will  be completling  two  wells  in  first  Q   that  were  on   Prairie  land  and they  will  be drilling  5   new ones  in 1st   Q    some  on   Prairie land  and  some  on   pre Praire  land.
Comment by WRig33JN on Dec 31, 2021 12:20pm
My question is.. do i continue to hold IPO or should i dump and jump into OBE. Cant wait until next week to be able to move funds around. Excited for 2022. Thanks
Comment by Hendrick3 on Dec 31, 2021 12:33pm
For what it's worth, I have owned both for many years and sold most of my IPO over $2 to buy OBE at around $4.70.  I have always thought IPO is worth about 1/3rd of OBE so at these prices I moved a few hundred thousand of IPO to buy OBE. But both companies are gaining traction and although I think OBE has more upside than IPO, both are good names. 
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