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

Add To Watchlist

TSX:OBE - Post Discussion

Obsidian Energy Ltd > LOUKAS NEEDS TO BE FIRED AND OR THE COMPANY SHOULD BE SOLD.

View:

Post by thetruth54 on Sep 07, 2024 2:07pm

LOUKAS NEEDS TO BE FIRED AND OR THE COMPANY SHOULD BE SOLD.

He wants to sell it in one transaction. But I believe that it would provide much more shareholder value if it were sold off in parts. That is what the late great Rick George did with the Viking. He got way more than any of the anaylsts even dreamed he could get and at that time it saved the company as they had to offload huge debt. Now he was a great CEO. Loukas isn't even a good ameteur.

174

Comment

Comment by kavern23 on Sep 07, 2024 11:26pm

Do you think Obe billboard readers are stupid? penwest selling their Viking assets to Teine was a horrible move but financially forced. Teine took like 13.5 boe per day and has it at 30k boe and lots of that is light and not just medium grade crude. Asset quality drives per flowing sales valuation. cardium is worth what is worth...ceo can make it new...it's old...is what it is.... Drilling ...more

Comment

Comment by kavern23 on Sep 07, 2024 11:28pm

I mean dude look at Bne right now, is it cardium being valued by market right now? no ceo in world is going to make the cardium flow like montney, is what it is. What company is going to pay Obe billions for their cardium...who..nobody lol

Comment

Comment by thetruth54 on Sep 08, 2024 9:29am

Listen doodie, I guess a punk like you who has little to no net worth is way smarter than the greatest CEO in the history of the Canadian oil industry Rick George who labeled the Obsidian assets as "World Class". You are a legend in your own mind. But the truth is you are a nobody having never accomplished anything in the oil industry. You are punk clown who posts garbage on this site!

Comment

Comment by kavern23 on Sep 08, 2024 1:42pm

And the oil patch has changed a lot since then, world has changed alot. wasn't multi stacked montney and other resources drilling 3 mile wells back when Rick George was active. Cardium needs to be consolidated to get higher value. That makes it tricky. arc and tamarack sold out of cardium. Nobody wants to move into cardium that is a major, not Loukas fault oil field technology changed and ...more

Comment

Comment by thetruth54 on Sep 08, 2024 4:15pm

This post has been removed in accordance with Community Policy

Comment by kavern23 on Sep 08, 2024 4:50pm

Yet you own shares right now in Obe and I own zero...I am not one losing money right now. Insulting people won't change the red ink in your portfolio. Time to smarten...you are one saddled with debt and red ink don't blame others for your mistakes

Comment

Obsidian Energy Ltd