Obsidian Energy Ltd T.OBE

I found out new OBE info...

[kavern23]

I am surprised nobody has posted about this on Yahoo or Seeking Alpha.
Not sure on Investor Villages private board.

I would post and join Investors Village but I am superstituous right now.
I can't explain why but I crush it the more I post on stockhouse.
I think 25% of it is stockhouse has lots of lippy trolls and I am a comeptive person. I look at buying stocks with the mindframe of achieving a new high score in a video game. It allows me to take crazy risks and never be flustered.  
Articulating my thoughts on here helps me for some reason.

Anyways, the new OBE info I saw is they have a third rig moving to Cardium.
I don't know the drilling contractor for sure...but it likely PD rig by the numbering system used...I can a PD rig.
OBE restarted Pembina and Willy Crimson Pad like normal after Xmas but another rig is moving to Wily....to East Crimson.
Before i talk about that, interesting thing is that rig that has been continously drilling in Willy.
This rig moved to second hole on the pad that has one well done and it is in Core of Crimson..500 BOE ish type stuff IP 45.  Good NG in this area to push oil on at start at high f*ckin rates

The new PD rig is moving to a few interesting spot.
Should be alot of untapped missed oil here.  350 on oil and 100 BOE on gas IP 45 should be doable fairly easy on this one.

So what do this mean and what clues do it tell us...split post up.

[kavern23]

Analysis time...so what the f*ck does this mean? Pausing Peace River is no suprise....only Jan 5 and rigs are just getting going again.  I thought they would run 2 rigs in Cardium like they have been all of 2020. Number 1. Likely points to an agressive production BOE number for guidance.  Having an extra rig in Crimson will speed it up and they are such low risk wells.  OBE

[kavern23]

Remember boys...last time OBE spuded a well in PROP in Oct without any mention of this in the presentation at the time...and looking back a person could have used that clue that we would buy PROP at 100%  interest a month later. Lots of simlarities to how OBE was acting before PROP as  to what is happening to OBE right now.  Look at OBE share chart. Start up arrow.  Crazy

[JohnJBond]

Will be interesting to see how this year unfolds  I would not be surprised to see an acquisition by OBE, but I would be surprised if if happened before they have redone their debt into longer term debentures and before they declare a dividend  That means Q3 or Q4 Equally I would not be surprised to see OBE be acquired by someone else (or at least an attempt made).    

[Tim14235]

BTW, they have comissioned a talent search for a new director as well.  They plan on going forward alone.  We will be doing the consolidating.  New director supports a high growth plan, organic drilling, or inorganic A/d

[kavern23]

Hey Tim. I believe that and thanks for sharing man.  Your post makes total sense. BTW, Pembina news in today press release was awesome. Very excited. Crimson has been fine and if Pembina can roll...