The entire world is driven by oil and gas companies and producers. They represent one of the largest parts of what it takes to maintain the quality of human lives. They can be considered as the switch that powers the world. Without them, every modern-day convenience would turn off and become obsolete, especially electricity. Obsidian Energy, formerly Penn West Petroleum, is a company operating with renewed strength and capabilities. They are a medium to large size company whose assets produces more than 30,000 boe on a daily basis. Because of the assets and the organization that they have built, they have great expectations of success in the oil and gas industry that continues to evolve. See More Information Here.
Obsidian Energy, Ltd, is under the leadership of David French, who is the President and Chief Executive Officer. It is a company whose principles are based on accountability, passion for their work, and discipline. They are dedicated providers of quality service to their shareholders, their partners, and to the communities in which they operate. The company is located in Calgary, Alberta, and has gas and oil fields along the Western Canadian Sedimentary Basin, which is a region that has one of the world’s largest petroleum reserves. After the name change from Penn West to Obsidian, Obsidian also changed their emblem on the stock exchange to OBE. This is on the Toronto Stock Exchange and the New York Stock Exchange. The company has very high expectations of success starting immediately.
Obsidian Energy has a growing portfolio, and has devised plans of becoming a major competitor in the gas and oil industry in the near future. With around three hundred employees, it proudly displays it’s Our Community Matters Program which is a reminder to all employees to communicate with community residents, while conducting themselves courteously, responsibly, and respectfully. They are totally committed to minimizing any impact that their operation may have on the environment. The aim of the Our Community Matters Program is to exceed all of the environmental regulations. Obsidian Energy, Ltd., has raised the bar for their operational and their financial success.