Gas Producer Obsidian Energy

Obsidian Energy is a Company based in the Country of Canada. They produce gas and oil for their customers. Their Business is medium sized and brings in a good amount of profits. It is located in the Western Sedimentary Basin of Canada. This area has some of the biggest reserves of petroleum in the world. Obsidian’s oil and gas are both produced in three main locations. Those 3 regions of Alberta are: the Alberta Viking, the Pembina Cardium, and the Oil Sands of Peace River. This Energy Company continues to be successful in providing oil and gas to customers from all over.


Obsidian Energy’s main location is in Calgary, Alberta. When it was founded, the original name was Penn West Exploration. They made the top of the list for the Toronto Stock Exchange. In the early 2000’s, they were in the top sixty of successful Businesses. During this time, they were acknowledged as a CANROY Trust because of their many profits. This is a big step for Obsidian to be recognized by the Royalty Trust of Canada. In the year 2008, the profits for this Energy Company had reached almost 10 billion dollars. All the hard work had paid off for this Energy producing Business.


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Obsidian Energy strives continuously to better their future. They have a positive Presentation March to look forward to in the year 2018. Obsidian puts out an annual document to show how their yearly financial situation is doing. This year in 2018, the President of Obsidian put out a positive video message on his Company’s Website. Their production of oil and gas will continue to be successful. The President shows in the video press all the new changes that will be made throughout the Company. He promises for Obsidian to always be accountable, disciplined, and passionate.



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