Obsidian Energy Inc. used to be known under the name Penn West Exploration Ltd. and before that as PennWest Petroleum and Penn West Energy Trust. Even though the company has been switching around its name and its brand, now Obsidian Energy Ltd., the company has found its direction in the industry of oil and natural gas.
The corporation is a Canadian one, and it was established back in 1979 in Calgary, Alberta. The oil and gas wells of Obsidian Energy Ltd. are situated across Canada. The majority are in the prolific Western Canadian Sedimentary Basin. his regions is popular for its high amounts of petroleum reserves. Other key production areas of the Obsidian Energy Ltd. are in Alberta, and they include the Pece River sands which are rich in oil, the Pembina Cardium, and the Alberta Viking. Being able to use such as beneficial and productive reserve areas have been highly prolific for the corporation.
The company of Obsidian Energy Ltd. employs more than three hundred people, and one of them is the Chief Executive Officer and President of the company Mr. David L. French. He joined Obsidian Energy a couple of years ago in October 2016. Mr. David L. French had had a couple of decades of experience including as a business leader. See This Page for related information.
Before he entered the company of Obsidian Energy, David L French was the President and Chief Executive Officer of the Bankers Petroleum Ltd. which is based in Calgary, Canada. The corporation publicly trades gas and oil with a number companies and in Southeastern Europe. Mr. David L. French directed the business into a higher commercial growth. Source: https://en.wikipedia.org/wiki/Obsidian_Energy
Over the course of his career in the industry, President and CEO David L. French has been working with many types of reservoir rock and has navigated development of primary, secondary, and tertiary stages. David L. French has had an operational reach in Canada, 48 of the lower states in the USA, as well as across Europe.
Obsidian Energy has been steadily growing over the past couple of years, and it will be announcing its plan of 2018 in the upcoming weeks.