Energy is one of the significant concerns globally and with industrialization came a big market and demand for it at every corner of the world. As a result, many energy sources continue to get discovered with time. Discovery of gas and oil played an essential role in the development of human life they are used as diesel fuel, asphalt, electrical power generation, industrial use, vehicle use and residential use just to mention a few. These natural resources need to be refined and processed before getting to the consumer. A well-known company for oil and gas processing is Obsidian energy ltd previously known as Penn West Petroleum Ltd.
Obsidian Energy Ltd is a Canadian company that produces gas and oil located in Calgary, Alberta. The company owns quality assets including wells of oil and gas distributed in western Canada. These assets create a platform for Obsidian to provide quality products and services to customers’ as well good business spirit within the company. With such valuable assets, the mid-sized oil company’s growth and success is a guarantee. Obsidian Energy’s oil fields are located in Alberta, along the Western Canadian Sedimentary Basin. This region is one of the world’s largest petroleum reserves. Obsidian’s oil production comes from three key areas in Alberta: the Alberta Viking, the Pembina Cardium and the Peace River Oil Sands.
The Chief executive officer Mr. David L. French is a highly experienced and skilled man that is driving Obsidian Energy to its full potential. Since he joined Obsidian in 2016 October, David has made changes in Obsidian that are essential for its growth and success. He previously worked as a CEO of Bankers petroleum ltd where during his tenure, he managed the firm and its commercial development productively. David has exceptional experience in finance, policy-making and management skills. He attended Rice University for his Bachelors in Mechanical Engineering and Harvard Business School for his MBA. Mr. French is evidently well qualified for his post in Obsidian Oil Company, and with him the future of Obsidian is bright. Visit This Page for additional information.
Obsidian has based itself on core values that propel it to perform remarkably; this includes persistent passion, discipline, accountability and transparency to their partners, shareholder and societies in which they operate.
Obsidian Energy has not only rebranded itself but also has made necessary changes within its organization that has equipped it with higher potential for growth than ever.