Obsidian Energy Continues Growth and Green Focus

Having access to energy is a practical necessity for all people. Due to the importance of having access to energy, companies that are in the energy field are very important as they help to ensure people have access to the energy they need to live a safe and efficient life. One company that has continued to be a major player in the energy industry for decades has been Obsidian Energy.

 

Obsidian Energy is a publicly traded energy company that has been producing oil and gas for decades. The company is considered a mid-size company that produces over 30,000 barrels on a daily basis. The company has been around for a long time and has a strong reputation but recently rebranded. Prior to June 2017, the company was called Penn West.

 

One of the reasons for the continued success of Obsidian Energy is that they have strong strategic locations that are used for drilling. Today, Obsidian focuses a lot of their energy and resources on a few different spots in Alberta. These areas of Alberta are considered to have very deep wells, which provides Obsidian Energy the ability to find plenty of natural resources.

 

While Obsidian Energy is known for producing a lot of oil and gas on a daily basis, they are also heavily focused on providing a safe and unique approach to access the energy. Obsidian Energy is committed to making their region a safer place to ensure that the environment is not negatively impacted by any of the activity that takes place. They currently operate an organization called Our Community Matters, which focuses on improving the environment and the lives of people that live in certain communities. The company also operates a toll-free hotline that people can call in with any concerns that they are experiencing in the market or local environment.

 

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