Edition:
United Kingdom

People: Obsidian Energy Ltd (OBE.TO)

OBE.TO on Toronto Stock Exchange

0.40CAD
17 May 2019
Change (% chg)

$0.01 (+3.90%)
Prev Close
$0.38
Open
$0.41
Day's High
$0.41
Day's Low
$0.39
Volume
449,201
Avg. Vol
549,716
52-wk High
$1.59
52-wk Low
$0.34

French, David 

Mr. David Lawrence French is no longer as President, Chief Executive Officer of the Company. Effective March 29, 2019. and he will remain as Director of the company. He is an international energy executive with 25 years of experience in the development and production of oil and gas fields in North America and overseas. Mr. French has been the President and Chief Executive Officer of Obsidian Energy since October 2016. Prior thereto, President and Chief Executive Officer of Bankers Petroleum Ltd. from April 2013 to October 2016 and prior thereto was the Vice-President, Business Development of Apache Corporation in Houston, from January 2010 to April 2013. From July 2007 to December 2009, Mr. French was Region Production Manager for Apache Canada in Calgary. From 2001 to 2006, Mr. French worked for McKinsey & Company in Houston, a management consulting firm focused on energy firm growth, portfolio management and capital efficiency.

Basic Compensation

Total Annual Compensation, CAD 805,000
Restricted Stock Award, CAD --
Long-Term Incentive Plans, CAD --
All Other, CAD 715,522
Fiscal Year Total, CAD 1,520,520

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --