Obsidian Energy Ltd is a natural resource company dealing with natural gas and oil production. The company is headquartered in Western Canada and has built an unmatched reputation with their asset values and employees’ productivity. With all these, the company has remained to be successful under the able leadership of Chief Executive Officer and President, David French. With the opening of branches in various communities, Obsidian Energy Ltd has grown in the number of shareholders and investors with their stock exchange markets.
Obsidian has several subsidiaries including Sifton Energy Inc , Canetic Resources Trust and Endev Resources Partnership. Currently, the company has approximately 300 employees on staff.
Formerly, the company operated as Penn West Petroleum Ltd before it changed its business name to Obsidian Energy Ltd. This massive change within the company has heightened the operational standards at Obsidian Energy Ltd with their stock exchange markets attracting more clients and shareholders.
David French is excited and positive that this new chapter the history of the company will be fueled by valuable principles to ensure that the company maintains its standards. The core principles include corporate and skilled decision making, relentless struggles to maintain Obsidian Energy’s progress and transparency and maximum collaboration between the Obsidian Energy and its reliable shareholders.
Most importantly, the company has employed qualified staff who will be responsible for balancing their worksheets for the company’s sales. To add, Obsidian Energy Ltd has also organized the election of directors and nomination of auditors who will be in charge of annual meetings held for Shareholders.
Obsidian Energy Ltd and its shareholders invented more profitable approaches towards their energy business. With this at hand, the company is set to thrive in all business environments regardless of the market prices in various business environments. The production processes involved in mining natural gas and crude oils have also been heightened alongside the recruitment of qualified miners.
Their marketing arm has also been advanced with the invention of technology have increased the market coverage for Obsidian Energy’s products. With the increase in sales, the company has equipped their financial representatives with new guidelines on how to invent better ways of managing the company’s finances. Visit This Page for additional information on Obsidian Energy.
For sure, sometimes change is everything that every business needs for it to perfect its operational standards while maximizing their profit turnovers.
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