Earlier this year, a Canadian oil and natural gas producing company Penn West Petroleum Limited rebranded to Obsidian Energy Limited. The development followed a restructuring that saw its operations more enhanced and its production capability strengthened. The firm opted to find a name that would equate the new appearance. The company that is based in Calgary, Alberta has been in operation for 38 years now which goes to show the extensive expertise gathered over the years.
Obsidian Energy Limited concentrates its production along the Western Canadian Sedimentary Basin, particularly the Alberta Viking, the Pembina Cardium, and Peace River oil sands. The most outstanding aspect of the company is that hard work and driving results are part of its DNA. The management understands that commitment and accountability to partners and shareholders is very vital to business growth. Notably, Obsidian Energy Limited optimizes its resources in production that goes up to 30000 barrels of oil per day.
Conserving the Environment
Being in the oil and gas industry, Obsidian Energy Limited understands the dangerous emissions that can adversely affect the environment. Additionally, it is well aware that the people around can also be affected by these emissions. The company adopts production methods that the emanation is kept at the minimum or eliminated entirely. The communities are also educated on what to expect and given the privilege to contact the company in case they have any concerns.
Upholding safety is the number one commitment for Obsidian Energy Limited. To this length, the firm has put in place programs that are aimed at training all the stakeholders that include the employees and the contractors together with their workers. The training ensures that they get to know of the safety measures that the regulations demand from them. They are also required to practice them according to the standards put in place. These programs are also extended to the communities, educating them on the same. Dedication to safety is also illustrated at Obsidian Energy Limited by the emergency response programs put in place. The firm collaborates with the emergency response organization in the locality to ensure any incident is tackled in time. The company conducts thorough audits to ensure that the safety measures are observed round the clock.