Obsidian Energy is a name that was acquired mid this year by the former Penn West Petroleum. The change of name came in a timely manner as the company was trying to realign its future. Obsidian Energy intended to succeed in the oil and gas industry and they were determined to work towards this goal.
Obsidian Energy currently produces close to 30k boe daily while it has assets worth millions that are well balanced. The organization is organized in such a way that they are result oriented. Their strategies have been planned for adequately to ensure that the right platform is provided to overcome all odds and emerge as a successful oil and gas producing company. The people who work for and with Obsidian Energy are encouraged to have an entrepreneur mindset in order to grow and prosper in the ever-changing market. The company was even among the sixty most prominent firms in the Toronto stock Exchange and was also a Canadian Royalty Trust (CANROY).
Obsidian is value driven and works with discipline towards their set goals. The passion in what they do is what has kept them on the right track and this has driven accountability within teammates, shareholders and the partnerships they have built. They are open and respectful to the people in the communities they live in. They address any concerns the people may have regarding the work they do. They have gone a step higher in enhancing safety in the way they operate such as the following the right ways when it comes to abandoning the land they have used.
With the growing concern in the environment, Obsidian Energy has made sure that they are using environmentally friendly procedures in their operations. They are also very keen on safety. They have set policies in place to make sure that their employees are well covered in case of an emergency. They conduct regular training to make sure that all the people they work with know how to operate while keeping themselves and others safe. Read More Information Here.
Obsidian Energy is compliant, and their work abides by all regulations that have been set for the oil and gas industry. The company has resurfaced as a more capable oil and gas producer as it uses its strengths to work towards satisfying their clients.