Obsidian Energy Oil and Gas Company

Obsidian Energy is an oil and natural gas production company that’s based in Calgary, Canada. Its oil and gas fields are located in Alberta, where one of the world’s largest petroleum reserves exist. The company was formerly called Penn West Petroleum Ltd. before undergoing its name change in June of this year. Having over 300 employees, the business is listed on the Toronto Stock Exchange as one of the area’s 60 largest companies.


Headed by CEO and President David L. French, Obsidian Energy has been in operation for 30 years, and is committed to making a positive impact on the communities it serves through programs like Community Matters, which involves encouraging the employees and contractors of the company to communicate with residents in the area and answer questions or address their concerns in a productive and effective manner.


Obsidian also works to try to minimize how much their operation affects the environment, and there are safety programs that are in place to protect the public, as well as the employees and the business. In an interview that the CEO had with the Toronto Stock Exchange, he stated that the company has been through an extraordinary transformation. He also expressed how proud he is of the energy and enthusiasm that is displayed by employees of the company.


The CEO also said that Obsidian Energy is attractive to investors due to its noticeable growth, and he says that the mid-size company is going to continue to expand, which will make it an even better investment opportunity. The employees at the company are offered competitive compensation and benefit packages, which is part of what motivates them to stay satisfied with working there.


Due to Obsidian’s continued financial growth, the Canadian energy company is traded on both the Toronto Stock Exchange and the New York Stock Exchange under OBE as its name. The business provides a toll-free number, as well as an email address, that customers can use to have their non-emergency questions and concerns answered, and they strive to address emergency situations as promptly as possible to keep the areas they operate in safe. Refer to This Article for more information.


More: http://www.newswire.ca/news-releases/penn-west-changes-name-to-obsidian-energy-ltd-and-announces-voting-results-from-the-2017-annual-and-special-meeting-of-shareholders-630941703.html