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Obsidian Energy Ltd.(OBE)

Description: Obsidian Energy Ltd, formerly Penn West Petroleum Ltd, is a Canada-based conventional oil and natural gas producer and development and production company. The Company operates a portfolio of opportunities with an oil position in the Cardium, Viking and Peace River areas of Alberta. The Alberta Viking area offers a mix of light-oil and gas with high-netback shorter cycle wells to complement longer cycle activities in the Cardium. The Cardium is concentrated on the low-decline and high-netback light-oil production. The Company is focused on an integrated waterflood approach in which it maintain reservoir pressure from the start of production to reduce decline rates on new wells. The Peace River operates in a crude oil resource industry.


Keywords: Natural Gas Oil And Gas Water Petroleum Crude Oil Light Integrated Oil Production Conventional Oil Natural Gas Producer Cardium Peace River Phases Of Matter Obsidian Energy

Home Page: www.obsidianenergy.com

OBE Technical Analysis

207 – 9th Avenue SW
Calgary, AB T2P 1K3
Canada
Phone: 403 777 2500


Officers

Name Title
Mr. Stephen Elias Loukas Interim Pres, CEO & Director
Mr. Peter D. Scott Sr. VP & CFO
Mr. Mark Hawkins VP of Legal, Gen. Counsel & Corp. Sec.
Mr. Gary Sykes Sr. VP of Commercial & Devel.
Mr. William Clifford Swadling VP of Operations
Mr. Jay McGilvary Sr. Director of Devel.

Exchange: TO

Country: CA : Canada

Currency: Canadian Dollar (C$)

Forward PE: 3.0139
Trailing PE: 3.8389
Price-to-Book MRQ: 0.7688
Price-to-Sales TTM: 1.0773
IPO Date:
Fiscal Year End: December
Full Time Employees: 173
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