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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
> The NCIB buye have started!
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•••
arnolddiver
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Post by
arnolddiver
on Jun 08, 2023 9:44am
The NCIB buye have started!
Buys last week of May have been filed. A lot more buys will happen this month and don't have to post until 1st week of Jily. LFG!!!
https://ceo.ca/api/sedi/?symbol=Obe&amount=&transaction=&insider=
(80)
•••
JohnJBond
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Comment by
JohnJBond
on Jun 09, 2023 6:28pm
They may be 10% done by now. The AGM is on Monday and chances are they'll give an update Buying back at these prices is an excellent use of capital
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