Based in Calgary, Alberta in Canada, Obsidian Energy is a publicly traded medium-sized oil and gas production company with a well-balanced portfolio of high-quality assets with the capability to produce more than 30,000 barrels of oil per day. Obsidian aim to deliver the best possible results by ensuring that they provide the right policy on asset management to maximize returns. The love for what they do gives them the extra push that is absolutely necessary to be the best at what they do in their very competitive industry. Their discipline and unyielding accountability to their shareholders, partners and the communities in which they operate in has seen them forge an unwavering trajectory to newer heights.
After undertaking fundamental changes throughout the organizational structure, and every other aspect of the business, the company formally changed its name to Obsidian Energy Limited on June 26, 2017. As a result, they’ve come out stronger, leaner and more capable than ever before as they head down their new path as Obsidian Energy. David L. French, a Harvard Business School Masters of Business Administration graduate and also a Bachelor’s degree holder in Mechanical Engineering from Rice University is the current President and Chief Executive Officer at Obsidian Energy has a wealth of experience having served as the President and Chief Executive Officers of Bankers Petroleum Limited, another Calgary-based publicly traded oil and gas company where he successfully led the operational and commercial growth over his tenure. Mr. French has a number of times expressed his unreserved optimism about the success of the company in the near future.
Obsidian Energy is devoted to leaving a positive impact in the communities and societies in which they operate and live. The Community Matters program is one such initiative that shows their commitment to conduct operations respectfully and responsibly and serves as a reminder to their staff and contractors to communicate openly with area residents, address concerns proactively by allaying any negative outcomes that can be associated with oil and gas operations. Read More On This Page.
Their environmental programs aim to meet or even exceed all environmental regulations, encompass stakeholder communication, resource conservation, and proper site abandonment and reclamation practices.