Obsidian Energy Introduces New Image To The Industry

Based in Canada, Obsidian Energy specializes in offering oil and petroleum services to clients and customers all over the country. The company was originally known as Penn West Petroleum and first came into the business in Alberta in 1979. As soon as the company was founded, it set up a number of rigs in locations throughout Canada. Most of the oil rigs that are owned by the company are located through the western strip of Canada. Currently, Obsidian Energy is being led by David French, who stands as the President and CEO of the company.


One of the biggest recent developments to the company was the name change that it underwent. The change was a result of a much-needed makeover that the company was experiencing. During the oil crisis of 2014, the company had to undergo a number of changes in its structure and functioning, so as to still be able to stay afloat in the economy. These changes had a huge impact on the workings of the company as a whole, which is also what led to the name change taking place. The name change was a part of a package that also changed the logo of the company, and also the stock denotation.


The name change took place only after several members of the board of directors requested it. A vote was passed around among the members for the name, and Obsidian Energy was selected as the name that they would thereafter be known as.


One of the defining characteristics of the services that Obsidian provides is the implementation of the latest technology to better the production of oil and natural gas. The company implements the very best industry standards so that they can improve the services that are offered, and so that they can be more efficient in their undertakings.


Today, the company stands as one of the foremost in the oil industry in Canada. The company has surpassed its competitors to come forward as a force to be reckoned with in the oil and petroleum industry and will continue to strive to offer nothing short of the very best to all of the clients who depend on them. See This Page for more information.


The company was at the apex of its success and was even among the sixty most prominent firms in the Toronto stock Exchange and was also a Canadian Royalty Trust (CANROY).


More on: https://www.obsidianenergy.com/

A Fresh Start for the Best in the Industry

Obsidian Energy, formerly known as Penn West Petroleum Limited, is it company based in Canada that supplies customers with amazing levels of support and energy. In the past Obsidian Energy has had difficulty with its organization, but thanks for the new reform the company has managed to recreate it’s all from what it originally was and become the company that everyone has always wished it to be. Obsidian Energy workers are some of the best in the industry and are passionate about the jobs and the work that they do. It is not always easy to provide high levels of support while also doing the hard-difficult jobs of a utility company, as obsidian energy does on daily basis. As far as the consumer is concerned, he who provides the most energy is usually the one that they will go with. This is normally always the case with companies who require such companies to power their machinery. This is why Obsidian Energy is important to the industrial areas of Canada.


The two main energy resources that Obsidian focuses on our natural gas and oil production. Obsidian Energy is a midsize company, meaning that it’s not going to cover everyone who wants to use them as a provider, but for those who do use them for their energy sources, they provide the best possible level of support. As a smaller company, it is sometimes difficult for Obsidian Energy to compete with some of the more high-end energy companies that provide the same types of resources. In order to combat this city and focus strongly on those that it has on their site, such as corporations who operate mainly within Canada.



Things have been rocky in the past for what used to be Penn West Petroleum, things have changed for the best and now the company can start afresh with not only experience I under its belt but also the prospect for a bright new future. Click Here for additional information.


The company was at the apex of its success and was even among the sixty most prominent firms in the Toronto stock Exchange and was also a Canadian Royalty Trust (CANROY).


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The Growth of Obsidian Energy

Obsidian Energy is a company that specializes in oil and gas production. They have been in business since June of 2017. This company was formally known as Penn West Petroleum. Many changes took place with the business transfer from Penn West Petroleum to Obsidian Energy.


This is going to allow them to grow and take the path to a stronger company that is more than capable of supplying their customers with the resources that they want and need. Growth is one of the reasons that they are redefining the company values and goals. There will be a positive impact seen with every part of the business. Obsidian was even among the sixty most prominent firms in the Toronto stock Exchange and was also a Canadian Royalty Trust (CANROY).


The company has the passion and discipline required in order to ensure that shareholders and partners in every community that they operate in will have nothing to worry about as far as growth and growth potential. Obsidian is getting stronger and more powerful as we organize and structure our company. Some changes have already taken place while others are on the agenda.


Their assets are right in front of them, and they plan to keep them there. The company is currently producing around 30,000 boe each day they are in operation. The management team has the experience necessary to show the company’s full potential and deliver results.


The oil and gas industry can hold a promising future when managed correctly. Obsidian Energy does not have plans to leave the industry any time soon. The management team has the knowledge of the gas and oil trading process and will take the company where it holds potential. Get More Information Here.


Every company, including Obsidian Energy, has the responsibility to keep the environment safe. By regular communication with the communities they operate in, this will ensure that any concerns can be addressed in the proper manner. The company welcomes any and all questions and concerns that the community has.


Visit: https://www.obsidianenergy.com/