All we have to do is pick up a newspaper or go online to hear about big oil and gas companies and what they are doing. What many people fail to realize is that there are intermediate sized players in the oil and gas field too and companies like Obsidian Energy are leaving their mark with a well-balanced portfolio. Obsidian Energy is a Canadian company who knows their work well. They have the spirit of a small business owner and the desire to produce success in an industry that is always evolving. Because they are based on passion, partnership and core discipline they remain accountable to their shareholders and partners and will continue to produce successful results. Obsidian Energy might be a new name that may be unfamiliar to many people however, they are far from new in the sense of knowing the business of oil and gas.
Before they changed their name, Obsidian Energy was known as Penn West Petroleum Ltd. However, the company did more than just change their name, they took the time and recreated the organization making it better than ever. Obsidian Energy became a stronger company and more capable to address the needs of energy users, customers and business friends. With a highly trained and experienced management team and board of directors that know the business inside and out, Obsidian Energy became more committed to leading their communities and making a positive impact every place they set up operations. They are a company that thinks global and still acts local.
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 several subsidiaries including Canetic Resources Trust, Endev Resources Partnership, and Sifton Energy Inc. Currently, the company has approximately 300 employees on staff. See This Page for more information
Compliance as well as safety and health programs are a top priority for Obsidian Energy. The company understands that everyone from the company’s employees to the general public and environment all need to be protected and kept safe. By taking steps to prevent serious accidents Obsidian Energy can have long lasting, far reaching, positive effects. As a result, they have the goal of keeping everyone protected and still making money for their shareholders. In the business of oil and gas, this is a winning combination that is sure to keep Obsidian up and running successfully for many years.