FundedIQ
Energy

Obsidian Energy: Funding, Investors & Team (Sep 2026)

Penn West Petroleum Ltd. (Penn West), formerly Penn West Energy Trust, is a Canadian exploration and production company. Penn West is engaged in the business of acquiring, exploring, developing, exploiting and holding interests in petroleum and natural gas properties and related assets. Penn West participates in the exploration for, and the development and production of, oil and natural gas principally in western Canada. The majority of the Company’s proved plus probable reserves are located in Canada in Alberta, British Columbia, Saskatchewan, Manitoba and the Northwest Territories. On January 1, 2011, Penn West completed its plan of arrangement and converted from an income trust (Penn West Energy Trust) to a conventional corporation operating under the trade name of Penn West Exploration. In December 2012, the Company closed its previously announced divestment of non-core assets.

www.obsidianenergy.com LinkedIn Calgary, Canada 101-250 employees
Total raised
$2.5M
Rounds
1
Latest
Debt Financing
Aug 2022

Obsidian Energy has raised $2.5M across 1 funding round on record, the most recent a Debt Financing of $2.5M announced in Aug 2022.

That round is below the $14M median round size for Energy companies tracked on FundedIQ over the last two years.

Obsidian Energy Company Profile and Key Stats

Total funding raised
$2.5M
across 1 round on record
Funding rounds on record
1
Latest funding round
Debt Financing
$2.5M in Aug 2022
Employees
101-250
reported band
Headquarters
Calgary, Canada

Latest funding round on record: Aug 2022.

Obsidian Energy Funding Rounds

Date
Round
Amount
Debt Financing
$2.5M

Obsidian Energy Founders and Leadership Team

Name
Role
Contact
David Roberts
CEO

No contact details are on record for this team yet.

Obsidian Energy Funding Compared to Other Energy Startups

Segment
Companies
Median round
2,284
$14M
3,086
$2.2M

Obsidian Energy's latest round of $2.5M is below the median round in Energy. Medians cover the last 24 months of disclosed rounds.

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Obsidian Energy Funding FAQs

What does Obsidian Energy do?

Penn West Petroleum Ltd. (Penn West), formerly Penn West Energy Trust, is a Canadian exploration and production company. Penn West is engaged in the business of acquiring, exploring, developing, exploiting and holding interests in petroleum and natural gas properties and related assets. Penn West participates in the exploration for, and the development and production of, oil and natural gas principally in western Canada. The majority of the Company’s proved plus probable reserves are located in Canada in Alberta, British Columbia, Saskatchewan, Manitoba and the Northwest Territories. On January 1, 2011, Penn West completed its plan of arrangement and converted from an income trust (Penn West Energy Trust) to a conventional corporation operating under the trade name of Penn West Exploration. In December 2012, the Company closed its previously announced divestment of non-core assets.

How much funding has Obsidian Energy raised?

Obsidian Energy has raised $2.5M across 1 round on record. The most recent is a Debt Financing of $2.5M announced in Aug 2022.

When did Obsidian Energy last raise funding?

Obsidian Energy's most recent funding round on record is a Debt Financing of $2.5M, announced in Aug 2022.

Who is the CEO of Obsidian Energy?

David Roberts is listed as CEO at Obsidian Energy.

Where is Obsidian Energy headquartered?

Obsidian Energy is based in Calgary, Alberta, Canada.

How many employees does Obsidian Energy have?

Obsidian Energy is in the 101-250 employee band.

How does Obsidian Energy's funding compare to other Energy startups?

Obsidian Energy's latest round of $2.5M is below the $14M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.

About FundedIQ's Obsidian Energy Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Obsidian Energy is left off this page rather than filled in.

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