Not sure why the drop | OBE Message Board Posts


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Msg  21740 of 21753  at  11/8/2022 3:11:24 PM  by

shiftsuper175607


Not sure why the drop

 
Seems they are doing what they said they would do.
 
 
  • Third quarter average production increased 24 percent to 29,985 boe/d from 2021 with current production over 33,000 boe/d
  • Continued net debt reduction to $323.1 million from $428.1 million at September 30, 2021, including repayment of the $30.0 million non-revolving term loan
  • Peace River acquisition of additional 10 sections of land and Seal 9-15 gas plant, providing for additional Bluesky and Clearwater development
  • 2023 guidance and shareholder return of capital intentions to be announced in mid-December


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