Obsidian Energy (TSX:OBE) Net Developed Acreage # : 0.00 (As of . 20)

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What is Obsidian Energy Net Developed Acreage #?

Net Developed Acreage # reflects the number of acres which are allocated or assignable to producing wells or wells capable of production.

The historical rank and industry rank for Obsidian Energy's Net Developed Acreage # or its related term are showing as below:

TSX:OBE's Net Developed Acreage # is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Net Developed Acreage # only.

Obsidian Energy Net Developed Acreage # Historical Data

The historical data trend for Obsidian Energy's Net Developed Acreage # can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Obsidian Energy Net Developed Acreage # Chart

Obsidian Energy (TSX:OBE) Net Developed Acreage # Explanation

Net Developed Acreage # is the amount of leased real estate that a petroleum and/or natural gas company holds, pertaining to a company's true working interest. If a company holds the entire working interest for a particular project, its net acreage and gross acreage will be the same.

Net acres can be construed as a measure of a company's potential for revenue, and increases or decreases in the figure are indicators of expansion or contraction. It can be calculated on a per project basis by multiplying the gross acres with the percentage of ownership.

Obsidian Energy Net Developed Acreage # Related Terms

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Obsidian Energy (TSX:OBE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Obsidian Energy Ltd (TSX:OBE) » Definitions » Net Developed Acreage #

Comparable Companies

Traded in Other Exchanges

OBE:USA P13A:Germany

Address

207 - 9th Avenue SW, Suite 200, Calgary, AB, CAN, T2P 1K3

Website

https://www.obsidianenergy.com

Obsidian Energy Ltd, is an intermediate-sized oil and gas producer with strategic assets in Alberta. It operates in a single reporting segment that is exploration, development and holding an interest in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin. The company generates the majority of the revenue from the Crude oil sale.

Executives

Mark Kristian Rodger Hawkins

Senior Officer