Cardium

Repeatable Primary Development
Production 21,739 boe/d
Netback $21.51/boe (excludes risk management gains)
*as of Q1 2020
53°29’28.9061”, -115°45’53.7153”

Cardium – Manufacturing Repeatable Primary Development

Obsidian Energy is focused on manufacturing repeatable low-decline and high-netback light-oil wells across our unmatched Cardium land base. Our Cardium asset is a fully delineated and de-risked asset with years of development potential ahead of us.