Michael J. Faust
President and Chief Executive Officer
Michael Faust was appointed President and Chief Executive Officer of Obsidian Energy Ltd. effective March 18, 2019, and elected to the Board of Directors on May 11, 2018 at the 2018 Annual and Special Meeting. Mr. Faust has over 35 years of industry, financial and leadership experience within the oil and gas sector, including diverse geological, geophysical and reservoir experience spanning many different basins and formations throughout the world. In March 2019, Mr. Faust became a director of Parker Drilling Company, a global, multi-faceted drilling and production service company. Since January 2017, he has been a Director of SAExploration Holdings, Inc., a NASDAQ-listed, global oilfield services company offering seismic data acquisition and logistical support services. Prior to his governance roles, he established a long career of increasing responsibilities with ExxonMobil and ConocoPhillips, culminating in roles as Vice President, Exploration, Land and Business Development at ConocoPhillips Alaska, Inc. and ConocoPhillips Canada Ltd., where he oversaw and managed the company’s exploration and strategy in those regions. Mr. Faust earned his Master of Arts degree in Geophysics from the University of Texas at Austin in 1984, after receiving his Bachelor of Science degree in Geology from the University of Washington in 1981. Mr. Faust is a Certified Petroleum Geologist and a member of the American Association of Petroleum Geologists (AAPG), and the Society of Exploration Geophysicists (SEG).
Chief Financial Officer
Mr. Hendry is a Chartered Accountant with over 25 years of finance experience. Joining Obsidian Energy in April 2015 as Vice President of Finance, he moved into the CFO position in January 2017. Prior to joining the Company, he served as a finance Vice President at Talisman Energy Inc. where he also worked overseas for nine years in the Norway and U.K. North Sea offices. Mr. Hendry started his career working nine years in public accounting, largely at PricewaterhouseCoopers.
Vice President, Business Development & Commercial
Mr. Sweerts is the Vice President, Production and Technical Services for Obsidian Energy. He joined the Company in June of 2014, and held the position of VP, Business Development and Commercial until February of 2017. Mr. Sweerts has over 25 years’ experience in the oil and gas industry, leading A&D and trading activities, directing projects and overseeing joint venture partnerships. Prior to joining the Company in June of 2014, Mr. Sweerts held a number of senior roles within Marathon Oil Canada Corp. including Vice President, Operations and Engineering and Vice President, JV Operations and Marketing. Earlier in his career, he held a variety of technical and commercial positions with successive levels of responsibility at Western Oil Sands LP and Suncor Energy. Mr. Sweerts has a Bachelor of Science degree in Chemical Engineering from the University of Waterloo, and a Master in Business Administration from Wilfred Laurier University.
Senior Vice President, Development and Operations
Mr. Smith joined the Company in July 2018 and brings over 20 years of engineering expertise across a broad range of technical and leadership roles. Most recently, he held the position of Vice President, Production at Sinopec Canada where he led improvement efforts on margin and uptime performance. Prior to that appointment he led the Development and Marketing divisions and served in asset leadership roles in the Cardium area. His early career is distinguished with increasing responsibility in Corporate Planning, Completions, and Reservoir Engineering. Aaron holds a Bachelor of Science in Geologic Engineering from the University of Saskatchewan.