Obsidian Energy, Ahe Acme Of Oil And Gas Production

Obsidian Energy is a Canadian based company that rebranded from Penn West petroleum on 26th of June 2017. As a result of the changing, the Calgary – Alberta based, mid-sized oil and the natural gas company underwent major restructuring which actually paid off a great deal.

 

The company has its field based in Alberta, which is known for having some of the largest oil reserves in Canada. Some of the areas that the company acquires its oil and gas from include the Peace River Oil Sands, the Pembina Cardium, and the Alberta Viking areas. To date, the oil company has created about 300 jobs and if they keep up with the hard work, the number is highly likely to increase in the near future.

 

In order to ensure that everything is running as smoothly as possible, obsidian has got a team of motivated members in its management. Some of the notable members of the management team include the CFO David Hendry, the CEO and President as well as Vice President Tony Berthelot among others. And with their extensive experience, the management team have managed to make obsidian energy what it is today – a success story.

 

Apart from focusing on the provision of high quality, low-cost fuel to its esteemed clients, obsidian energy has also tasked itself with keeping the environment clean and safe. Through their effective community matters program, they have managed to infiltrate the community through their highly trained employees and discuss on matters affecting the environment.

 

And together, they come up with solutions on how to better the environment. Obsidian Energy also work around the clock to ensure that they are abiding by the environmental regulation policies which include proper site abandonment and reclaiming. They also have a direct email that members of the community can feel free to use if they want to get in touch.

 

And thanks to its high-quality assets and a highly trained, disciplined and focused team, it has managed to get well over 30,000 BOE per day. With this kind of output and clear accountability to its shareholders, Obsidian Energy is sure to have a bright future in the oil and gas business.

 

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Related Article: https://beta.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/penn-west-shareholders-approve-name-change-to-obsidian-energy/article35463586/?ref=http://www.theglobeandmail.com&

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