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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 > April production
View:
Post by kavern23 on May 20, 2023 3:33pm

April production

Too bad OBE had wildfire shut ins as OBE had a nice April production wise.
Have to do more analysis but after Q1 drilling program they have best wells out of IPO, YGR, BNE and Petrus. OBE drilling really well.

They only have one pad going in viking play from new drilling...4-22 like presentation says but all three of the wells look really good and they didnt even run full hours for the month
Even the one that has been produicing since 2022 is still at 91 barrels of oil per day - excellent after so many months.

They drilled 5 cardium wells and OBE has 5 over 200 barrels a day on oil only (not including NG).
Comment by JohnJBond on May 21, 2023 6:17pm
Thanks for sharing Kavern
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