In Canada there are many companies who produce oil and natural gas. Most of these are large companies, however, there are some mid-sized companies that are holding their weight and one of them is known as Obsidian Energy. This company has emerged from the embers of another company known as Penn West. Obsidian Energy is a company who has a portfolio that is well balanced and has some high-quality assets to back them up in an industry that keeps evolving by leaps and bounds. To provide bottom line results for their investors and production teams the company has established a stellar platform and business model which includes both gas and oil production.
Obsidian is a company who has a passion for with they do, and this work ethic is based on discipline and accountability. This includes everyone they do business with including their partners, communities in which they operate and their shareholders. Back in in June of 2017 the company thought that they were going to change their name, little did they know at that time that their whole business would become reinvented. With changes that were companywide and touched every aspect of the business, they redefined the company and started to create a new chapter. Go Here to learn more.
Some of these changes included the way they followed and established safety measures. These measures keep the people who are drilling for oil and natural gas safe. They also keep the whole community safe and that is a huge win for everyone. Obsidian sponsor a Community Matters Program where all employees and contractors are to communicate openly with all people in the communities. The company has also taken more care in the way that they dismantle a site and clean it up. This simple step helps to keep a community much safer than some company who simply shut the project down. As you can see, all of these things add to the bigger picture of oil and gas production and as a result they help the community and the industry as a whole.
In this chapter of Obsidian Energy, we can all agree that the production of oil and natural gas has become better because of one Obsidian’s vision to do what it takes to make oil and gas production safe and still reach their goals.