Category Archives: Power

Obsidian Energy And Its Purpose

Obsidian Energy is a company that is in the oil and gas field. They are a producer of oil and gas, and they used to be called Penn West Petroleum Ltd. When they changed over to Obsidian Energy, they wanted to make sure that they showed the public that they want to give them the best product and service possible. They are determined and able to do so, and they are moving forward with their plans.

 

The company is doing everything that they can in order to develop a larger customer base. They have assets and a portfolio that keep them in the stockholders’ minds. Since they are one of the companies that are in the top 60, they have a presence on the Canadian Stock Exchange.

 

Their headquarters is based in Calgary. This is in Alberta, Canada. They have many different oil wells that are located all throughout the western part of the country. This is an excellent advantage for Obsidian Energy, and they can reach many different customers as they proceed with what they need to get done.

 

The employees at the company are one hundred percent behind their company. They are goal oriented, and they want to do the best that they can in order to acquire more business. Since they are experienced workers, they are experts at what they do. Difficult tasks are completed by them on a timely basis, and this helps the company to reach its goals quicker. View More Information Here.

 

Making sure that the future is a positive one is what Obsidian Energy is doing on a constant basis. They want to be one of the leaders in their business. In all accounts, the way that Obsidian is moving forward will surely show great success on their part. It will prove to be something that they will be proud of for a long time to come.

 

See Also: https://globalnews.ca/news/3481168/penn-west-proposes-name-change-to-obsidian-energy/

Obsidian Energy – Leadership and History

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.