The start of a
new chapter
Transforming our company from the ground up, we have emerged stronger, leaner, and ideally positioned to realize measured growth towards a very bright future.
A message from the President & CEO
A new chapter – Welcome to Obsidian Energy
Our company has undergone tremendous change in the past 4 years, resulting in something that no longer reflects the old Penn West. As such, we are excited to announce the formal name change to Obsidian Energy.
Our Operations and
Key Development Assets
Cardium
53°4’27.3972”, -115°13’55.5024”
Cardium
Building a Waterflood Platform
Net Sections 450
Production 18,603 boe/d
Netback ~$26 / boe
*as of Q1 2017
More Info
Alberta Viking
51°45’7.0272”, -110°9’23.0796”
Alberta Viking
Leveraging Our Infrastructure
Net Sections 170
Production 2,638 boe / d
Netback ~$27 / boe
*as of Q1 2017
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Peace River
56°10’28.1316”, -116°39’28.5048”
Peace River
Cold Flow Manufacturing
Net Sections 235
Production 4,648 boe / d
Netback ~$27 / boe
*as of Q1 2017
More Info
