Obsidian Energy is a renowned gas and oil producer. Formerly, the company was known as Penn West Petroleum Ltd before changing its name to Obsidian Energy Ltd on June 26th, 2017. The natural gas and oil producing company has made a lot of changes that have shaped all aspects of its business. These changes have led to the creation of a more redefined company focused on providing high-quality products to customers. Obsidian Energy is based on resolute accountability to its shareholders and partners, discipline, and relentless passion towards work.
Community and Environment
Obsidian is dedicated to positively impacting the communities in which it operates. Its Community Matters Program is its dedication to carry out its operations responsibly and respectfully. The Community Matters Program acts as a reminder to its contractors and employees to openly communicate with area residents, proactively address concerns, and tone down the impacts associated with gas and oil operations. Moreover, the company is dedicated to reducing the impacts its operations have on the environment. Obsidian Energy has put in place environmental programs aimed at meeting all environmental regulations, resource conservation, encompass stakeholder communication, and proper site reclamation and abandonment practices.
The company’s management team is dedicated to improving safety awareness, programs, training, and standards continually. More importantly, the management team is highly concerned about its employee’s safety as well as the safety of its contractor employees. All its safety programs, procedures, and policies meet legislative requirements. Its management team is tasked with ensuring compliance by conducting audits on operations and establishing relevant programs.
Obsidian Energy has put in place an emergency response plan as part of its plan to public, environment, workers’ safety. The company is always ready to respond to emergencies related to its operations in a safe and timely manner. The company makes it a precedence to make sure that all stakeholders clearly understand its expectations for regulatory compliance and approach to business operations. Obsidian Energy works diligently to build new relationships and maintain old ones with external stakeholders. In order for contractors and employees to clearly understand and follow regulations, the company provides them with relevant training and education.