The New Face Of Powering The Future By Obsidian Energy December 3, 2017

Energy production in the current dispensation of changing global trends is a subject that cannot be overlooked or taken lightly by any company involved in power production. In this regard, Obsidian Energy has gone beyond ideological considerations as evidenced by its recent changes. Obsidian Energy, formerly known as Penn West Petroleum Ltd underwent a momentous change on 26th June 2017 in a bid to redefine how energy production will be done within the organization. In addition to redefining how Obsidian Energy will step up energy production, the name “Obsidian” rightly suits the company’s new outlook to emerge as natural as possible and also perfected and polished.


Just like any other serious company that understands the dynamics of business in the midst of numerous global changes, Obsidian was driven by the resolve to resurface in as more resilient and adept in energy production. Obsidian Energy remains optimistic that it will make immense developments and this is a positive move. This is possible because of the company was previously categorized among the sixty largest companies in the stock market in Toronto. The other promising factor about Obsidian Energy is that it has gas and oil fields in West Canada, thus accessing one of the best and biggest petroleum reserve in the world. The new outlook of Obsidian Energy is already bearing fruits as evidenced by the positive performance in the announcement of its third quarter financial results ending in September 30, 2017. The company has projected a five percent growth in the year 2018 and this clearly indicates that the company is on right track. Read This for additional information about Obsidian.


As a consideration and commitment to genuinely improving lives in the communities, Obsidian Energy has initiated unsullied initiatives geared towards mitigating negatives that are related with energy production. Obsidian Energy employs serious accountability in regard to safety of employees and other persons who are connected or affected by it operations. This is done through well outlined safety standards and most notable is in their plans on how to respond to emergencies arising during energy production.