Is Obsidian Energy the Next Energy Giant in Canada?

Obsidian Energy, formerly Penn West Exploration Ltd., is a big name in Canada, but is it the next energy giant? This company stands for what is new and fresh, which is changing things up for those who are getting to know them. The company has unveiled themselves as emerging stronger than ever, and in doing so, Obsidian is more customer-centric. What’s the reason? It is all about growth and starting out lean for Obsidian as they seek to transform how Canada runs on energy. Recently, an announcement was made that a new Board of Directors list will be coming up in the near future for a new year.


What is the latest news on those who have joined the team at Obsidian Energy? The Board of Directors has appointed Ed Kernaghan, an individual with vast experience in numerous markets. His experience stems from what the business community considers broad markets. Nonetheless, the company is still seeking to remain lean and strong, growing one step at a time. Will Obsidian Energy be the next energy giant in Canada? They could be, but for now, Obsidian Energy is more focused on adding innovative Board Members, seeking out knowledge and using their current resources to see what else the market has to offer.


Ed Kernaghan is a long-time shareholder of the company, and for him it’s all about strategy. The company is so focused, strategy is all they are leaning on for now to go forward. Offering support and advising is what Kernaghan is all about. As Obsidian Energy works tirelessly to find more natural solutions for energy in Canada, the infrastructure of the company will also continue to gain more stability. With a business plan in hand, the company will follow each step from A to Z, until the mission has been accomplished.


While it may seem that Obsidian Energy is starting out small, consider that they already know what it means to big, and for them it’s all about focus this year on serving their community for the greater good. Currently, the company was at the apex of its success and was even among the sixty most prominent firms in the Toronto stock Exchange and was also a Canadian Royalty Trust (CANROY).


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