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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
> Journey up 17% while others suck
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•••
pennydredful
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Post by
pennydredful
on Mar 03, 2022 4:06pm
Journey up 17% while others suck
Nice move for those that bot the recent 3.65 issue. Heard a rumour about a short squeeze but could not confirm.
(121)
•••
pennydredful
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Comment by
pennydredful
on Mar 03, 2022 9:45pm
One might ask why apart from the possible short squeeze ? Thin capitalization , magnified further by large holders AIM , Alex Verge and a couple of others + strong marketing by Josh Young of Bison , who effectively covers off international investors as well as Canadian. If you
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