When we think about oil companies we think of huge companies who are out to damage the environment and often see in our minds eye that negative image that the Hollywood motion pictures has painted for us over the years. In real life, not all of the energy companies are huge, global companies with greedy oil barons at the helm.
Let’s take a look at Obsidian Energy as an example. They are a company who is of intermediate size. They produce oil and gas and are putting their employees and the environment first. Obsidian Energy understands that the industry associated with gas, oil and energy in general is one that is always changing and evolving. They are doing their part to please both their shareholders and to make sure that everyone is safe while producing oil and gas.
Obsidian Energy evolved from Pen West Petroleum Ltd. As a result, the company underwent huge and dynamic changes in every aspect of the business. It redefined them as a company and make them stronger. One thing that Obsidian takes pride in is being safe and reducing the impacts of production on the environment. This Canadian company realizes that community matters and as a result they have a strong commitment to move forward with respectful and responsible operations and to communicate with residents in the area where they are operating.
One goal that Obsidian Energy holds near and dear to their hearts is the commitment to reduce the impacts on the environment. As a result, they meet and in most cases, exceed regulations in regard to the environmental concerns. This includes reclamation of the site and proper abandonment once the job is finished. See This Article to learn more.
With a team of highly organized leaders, Obsidian Energy is focused on meeting their daily goals in a safe and efficient manner. David L. French, President and CEO has been in the business for many years and is very knowledgeable in the field of energy work. Having worked for Amoco Production Company which is now known as BP. Mr. French has filled his leadership team with some of the top people with the highest experience in the gas and oil industry. That has helped to forge the company known today as Obsidian Energy.
The company 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).