Obsidian Energy Provides Operational and Hedging Update
Obsidian Energy Ltd. (OBE)
Last obsidian energy ltd. earnings: 8/2 06:30 am
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US:NYSE Investor Relations:
obsidianenergy.com/investor-centre
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Source: PR Newswire
CALGARY, Jan. 16, 2020 /PRNewswire/ - OBSIDIAN ENERGY LTD. (TSX – OBE, NYSE – OBE.BC) ("Obsidian Energy", the "Company", "we", "us" or "our") is pleased to provide an update on our Cardium development program which continues to demonstrate encouraging results as we initiate our 2020 drilling campaign. Additionally, the Company provides the details of recently added hedges to our 2020 program. Cardium Development Program Update All 13 wells from the second half of 2019 were successfully brought online prior to the end of December. Results from the program continue to meet the strong production expectations for the area, with IP10 rates for the program averaging 520 boe/d (90% oil) per well (all 13 wells are included in the average), and IP30 rates for wells averaging 485 boe/d (83% oil) per well (11 of the 13 wells are included in the average). We are very encouraged with our capital cost performance, with the wells averaging C$3.5 million per well, down from C$4 million estimated fo
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- Obsidian Energy Ltd. (NYSE:OBE): Among The 10 Oversold Canadian Stocks to Buy Right Now [Yahoo! Finance]Yahoo! Finance
- Obsidian Energy cuts FY capex outlook, flags volatility in broader oil and gas markets [Seeking Alpha]Seeking Alpha
- Obsidian Energy Announces Increased 2024 Production Guidance and Revised Capital Program [Yahoo! Finance]Yahoo! Finance
OBE
Sec Filings
- 11/7/24 - Form SC
- 11/7/24 - Form 144
- 10/31/24 - Form 6-K
- OBE's page on the SEC website