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CS - Obsidian Energy already nearly halfway through H1 campaign - January 2020

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Obsidian Energy has two rigs active at its Crimson Lake acreage and is in the midst of a nine-well Cardium 1H20 drilling campaign. Three wells have been rig released, and the fourth and fifth wells are currently being drilled. The 1H20 campaign directly offsets the company’s cluster of Crimson Lake wells drilled in 2018 and 2019, with four of the wells to the southeast and five wells to the northwest. Obsidian has budgeted $49.4......
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