The oil and gas industry is an incredibly important industry that is responsible for providing consumers and businesses with the fuel and energy they need to warm their homes, transport themselves and product and service, and a variety of different very important tasks. Today, there are many different companies that are in the oil and gas industry. One company that has continued to grow and develop in the industry is Obsidian Energy, which is based out of Canada.
Obsidian Energy is an oil and gas company that produces more than 30,000 barrels of oil on a daily basis. The company currently has locations in several different key areas of Canada, including in Alberta Viking, Peace River Oil Sands, and Pembina Cardium. While the company is well known for producing a significant amount of oil on a daily basis, they are also heavily focused on environmental and overall social responsibility. Compared to other oil and gas companies, obsidian energy does their best to ensure that the environment stay in good condition while they do their work. Get Additional Information Here.
Part of the reason for the continued success for the oil and gas company is due to the strong leadership that the company has. The company recently hired a new CEO that has been able to refocus the organization and rebranded as well. While he is relatively new, the company has a number of different senior managers that have been with the organization for several years. These individuals each have strong backgrounds in the industry and have been able to provide great guidance to the organization.
One of the biggest changes for Obsidian Energy was a recent transition to a new company name. In an effort to continue to expand globally and build a better brand name, the company recently changed its name from Penn West Petroleum. This will be the company’s name going forward and they will likely soon also change their ticker symbol on the publicly trade exchanges. This was just the first step in an overall effort to rebrand the organization.
See Also: https://www.bloomberg.com/quote/OBE:CN