Newly Transformed Obsidian Energy

Obsidian Energy is a trusted Oil and Gas production company based in Calgary, Canada, innovating the oil and gas industry today. Formerly Penn West Petroleum, Obsidian has experienced a significant rebuild of itself going thru a transition period, selling most of their assets to reduce debt in 2014 but has bounced back to becoming one of the mid-sized business leaders when it comes to producing natural gas. After 2 years of transformation within Obsidian Energy, since the year 2016, this company has become leaner, stronger, and is excited in looking forward to even a brighter future. The only way Obsidian has had the opportunity to rise to the occasion is from displaying three qualities, accountability, discipline, and relentlessness, which the President and CEO David French of Obsidian Energy leads the way doing.

 

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).

 

Having this mindset and actually applying it, has had a ripple effect on not only the operations of Obsidian Energy as a whole, but on its business partners as well, showing the proof in their services. There are amazing things taking place now with Obsidian which are gaining industry leading results at a faster rate than expected. The cost of their services has decreased dramatically, and their presence in the oil and gas field is only getting stronger every day, from the initial plan they have lined out at the beginning of 2018 bringing nothing but positive results. Visit This Page to learn more.

 

There is a reason those three words that was mentioned earlier that defines Obsidian is so important. Those words have been the new standard going forward in making a good name for themselves and differentiating from the competition in oil and gas. One of the good things Obsidian Energy is now doing is already planning ahead for 2019, to add to their success moving forward by making their services in the marketplace more affordable.

 

Read More: https://www.obsidianenergy.com/