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Bullboard - Stock Discussion Forum
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 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...
around 35,700 barrels of oil equivalent (boe) per day. Its operating areas include Cardium, Peace River and Viking areas of Alberta. Its Cardium asset is a fully delineated and de-risked asset. It is focused on manufacturing repeatable low-decline and high-netback light-oil wells across its Cardium land base. The Viking is a light oil, horizontal development play located in central Alberta. Its operations are focused on the Esther area. Peace River is a stable, cold-flow, base production asset. It operates on a contiguous and an acreage within the heart of the Peace River Oilsands region.
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TSX:OBE - Post Discussion
Obsidian Energy Ltd
> holy shiskabob where is OBE going?
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Mickey2
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Post by
Mickey2
on Feb 15, 2022 11:04am
holy shiskabob where is OBE going?
impressive for oil being down over $4
(77)
•••
JohnJBond
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Comment by
JohnJBond
on Feb 15, 2022 11:21am
OBE is trading independant of oil price today. That suggests something company specific. OBE has show a recent tendancy to leak into the share price when something postive is going on - ie, like how it went up to the $7's when the first bluesky wells started flowing. Then over $10 about when the first clear water well would of been flowing. Then it settled back to the low $9's as the
...more
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