Josef Schachter’s Catch The Energy Live Interview - Obsidian Energy Corporate Overview, Growth and Capital Management
This interview is part of a series of interviews that were recorded live from the floor of Josef Schachter’s Catch The Energy conference in Alberta on October 19th.
Peter Scott, Senior VP and CFO of Obsidian Energy (TSX:OBE - NYSE:OBE) joins me to discuss the Company's current production mix, focusing on Alberta's three core areas. Peter explains the strategic reinvestment of free cash flow from light oil assets into the growing Peace River heavy oil division. He details Obsidian's capital management strategy, including substantial capital investment and debt repayment plans, alongside their share buyback program. He also touches on the company's resilience during commodity downturns and the strong growth prospects driven by the Peace River asset. Lastly, he provides an overview of Obsidian's experienced management team and their concerted efforts towards sustainable growth and shareholder returns.
If you have any follow up questions or want any additional information on Obsidian Energy please email me at Fleck@kereport.com.
