There are numerous and varied articles you can read about Obsidian Energy today, and although most of them are reliable, you can’t sometimes know which ones. You won’t be able to have all the time you need to make sure that the articles you read are reliable. This is the reason why we will try something here to address that issue. In this article, we will offer you a quick and easy but at the same time concise information guide about Obsidian Energy. Wondering how we can do that? Find out by reading the article below.
The Obsidian Energy Profile
One important thing you probably don’t know about Obsidian Energy yet is that it’s one of the medium-sized gas producers in the world that are able to produce oil for a large-scale market. Right now, the portfolio of Obsidian Energy reaches a series of high-quality stocks and assets that could provide about 30,000 boe/day. The organization handling the Obsidian Energy has also been able to produce the right platform and strategies to sustain the outstanding growth of the company. With bottom-line results always gaining strength and always growing, Obsidian is able to make sure that innovation is guaranteed in the vision statement of the company. Obsidian Energy was at the apex of its success and was even among the sixty most prominent firms in the Toronto stock Exchange and was also a Canadian Royalty Trust (CANROY).
What also makes Obsidian Energy stand out today is the fact that it’s a company built on the relentless and unceasing passion of individuals who want to offer the best services to their stakeholders. With the partners and communities that form Obsidian Energy, it’s not hard to see why Obsidian is one of the leaders in the industry right now.
The Past Name
One exciting event that happened to Obsidian Energy was when the company formally changed its name from Penn West Petroleum Ltd. This was a result of a series of foundational changes to the company’s structure. The changes were also made possible because of the leadership of David L. French, the President, and CEO of Obsidian. Mr. French has been formed by his education at Rice University when he finished a Bachelor’s Degree in Mechanical Engineering. He also took his masters at the Harvard Business School. Read This Article for related information about Obsidian.