Obsidian Energy foresees meaningful 2019 light oil production growth [Seeking Alpha]
Obsidian Energy Ltd. (OBE)
Last obsidian energy ltd. earnings: 8/2 06:30 am
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obsidianenergy.com/investor-centre
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Source: Seeking Alpha
Obsidian Energy foresees meaningful 2019 light oil production growthObsidian Energy (OBE-1.3%) says it is on track to delivera "meaningful" increase in light oil productionnext year from its Willesden Green Cardium program after evaluating H2 2018 results of the drilling program across a range of pricing and crude oil differentials.OBe says the first rig in Willesden Green finished drilling the three well 08-09 pad, to be completed in mid-October with production expected to be online in mid-November; the wells directly offset five wells from earlier this year which averaged 650 boe/day per well (85% oil) for the first 30 days of production.OBE expects five of the 15 wells in the H2 program to be producing by year-end, with the remaining 10 wells coming on production early in Q1 2019.Click to subscribe to real-time analytics on OBENow read:Obsidian Energy: A Leveraged Bet On Oil And Gas Prices »Subscribefor full text news in your inbox
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News
- Obsidian Energy Completes Offer to Purchase $2.0 Million of our Outstanding Senior Unsecured Notes [Yahoo! Finance]Yahoo! Finance
- Obsidian Energy: Limited Free Cash Flow Expected In 2024 As It Grows Production [Seeking Alpha]Seeking Alpha
- Obsidian Energy Announces Operational Update with Strong Start to 2024 Capital Program [Yahoo! Finance]Yahoo! Finance
- Obsidian Energy Announces TSX Approval for Renewal of Normal Course Issuer Bid [Yahoo! Finance]Yahoo! Finance
- Obsidian Energy Announces Launch of an Offer to Purchase up to $2.0 Million of our Outstanding Senior Unsecured Notes [Yahoo! Finance]Yahoo! Finance
OBE
Sec Filings
- 3/27/24 - Form 6-K
- 3/15/24 - Form 6-K
- 2/28/24 - Form 6-K
- OBE's page on the SEC website