Insightful Facts About Obsidian Energy

Obsidian Energy is a Canadian oil and gas producing company. The company previously known as Penn West Exploration Ltd is based in Calgary, Alberta. This region is along the Western Canadian Sedimentary Basin. It’s among the most significant petroleum reserve in the world. Production is done in three areas in Alberta which include Peace River Oil Sands, Pembina Cardium, and Alberta Viking. It has been the sixtieth largest company on the Toronto Stock Exchange for a while.

 

The company has a significant number of employees. It has set-up several sub-stations that have eased the access to energy services. It has also improved the living standards of the society due to the accessibility of sustainable and affordable energy resources. The company also offers their products like energy appliances and devices in installments. By expanding their services widely, it has helped the low-income buyers to access their products in installments.

 

Obsidian Energy has a competent research team that researches on advancing technology. The company also allows other researchers and investors to do their own research and their findings have guided the company in creating innovations, efficient use of technology and attaining a green economy.

 

Health and Safety

 

Obsidian Energy is keen on environmental conservation by creating an environment for its residents that is free and safe from pollution. The company has helped Canada to achieve a green economy as it produces natural and renewable energy. It has also reduced the number of carbon emissions and other harmful elements to the atmosphere. It also carries out resource reservation, land reclamation and proper site abandonment intending to conserve the environment.

 

Obsidian also values the safety of its employees and their families as well. They have an emergency response plan that is swift in responding to emergency situations occurring during the company’s operations.

 

Conclusion

 

The Obsidian Energy Company has established excellent standards for other oil and gas companies. It has generated significant revenue for Canada as well as improving the lives of people. The company has attracted investors globally who have further enhanced the value of the company. It has also received significant awards due to its exemplary achievements.

 

View Source: https://en.wikipedia.org/wiki/Obsidian_Energy

 

Penn West Rebrands To Obsidian Energy

In the annual and special meeting held on 26th June 2017, over 92% of Penn West shareholders passed through ballot vote to change the Penn West Petroleum Ltd to Obsidian Energy Ltd. Through the extraordinary resolution, the name change took over immediately. The company changed the symbol to “OBE” on New York Stock Exchange and Toronto Stock Exchange.

 

 

The Chief Executive(CEO) and President of the Canadian of the oil and gas company, David French, outlined that the company has been undergoing significant transformations and restructuring to improve the performance. The fundamental changes included development strategies, financial reports, operational structures, and staff. Additionally, to mark the new chapter a new name and new policies will provide a platform to move Obsidian Energy to new heights of success. (See Related Information Here.)

 

 

After re-stating its financial reports in previous years, Penn West undertook economic restructuring. It sold various assets which allowed debt reduction from $3 billion in the year 2013 to $384 million at the end of March this year. In addition to financial reforms, Obsidian Energy carried out operational improvements to capitalize on profitability. It has reduced forecast production from 135,000 barrels of oil per day in 2013 to 28,000 barrels of oil per day in this calendar year. Also, Obsidian Energy has undergone strategic staff changes. At the start of this year, it had 407 employees as compared to 1,415 employees in the company three years ago.

 

 

Obsidian Energy is a Canadian crude oil company based in Calgary, Canada. It has crafted the right platform to deliver results. It is led by discipline, passion, and entrepreneurial spirit. It aims to uphold accountability to all shareholders, partners, and communities. Obsidian Energy is committed to protecting the environment. It holds the safety and health of the employees, the public, the company among others. The management of Obsidian Energy continually improves safety standards, training, and awareness of employee and contractors.

 

 

Obsidian Energy is guided by three principles to achieve high performance which includes disciplined technical and commercial decision making, innovation, and transparency. With right assets, prudent financial reports and investment strategy, Obsidian energy will thrive in the competitive environment.

 

Source: https://beta.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/penn-west-shareholders-approve-name-change-to-obsidian-energy/article35463586/?ref=http://www.theglobeandmail.com&

 

Robert Thikoll – Working With The Human Factor

In October 2014, Mr. Robert Thikoll took the position of Vice President of Operational Excellence at Ingersall Rand. This is a company that is dedicated to providing environments that are efficient, comfortable, and sustainable. He attended Arizona State University and Nanzan University where he earned bachelor degrees in Japanese and Political Science and also minored in Asian Studies. He has worked for the Aisin Takaoka Company, Intat Precision (a subsidiary of Aisin Takaoka) and Beckman Colter/ Danaher where he was the Vice president of their global operations. He has also worked in a Toyota Tier One Factory as an operator.

Robert believes that only by aligning your team can help you solve problems and achieve the vision you are striving for. Despite the expansion of technology, he believes that the success of an individual depends on how they interact with others and in developing relationships. He considers daily management as key to plotting where you want your business to go. He prefers to find out what problems a new team is attempting to solve and then adjusting his methods to help them.

Robert believes that everyone can be an expert in problem solving. Different organizations and businesses will have their own dynamics but you still need to lead by example and push the limits.

When he lived in Japan, he learned to appreciate the concepts of teamwork, hard work, and the importance of all team members giving each other support. It was always important to respect the employees, who in turn would do their best for the customers.

Robert believes that “lean thinking” should be a priority for large companies in all aspects of their business. He stays current on business trends by attending expositions and consortiums in different countries. This affords him experience and information that helps him in his position.

Online Trading Firm AvaTrade Reviews

AvaTrade is one of the many online trading brokers that investors can use in order to make money with trading and general investing. The firm was founded in the year 2006 by finance professionals who looked to expand it worldwide. As of today, AvaTrade has a number of locations in places such as Tokyo, Shanghai, Paris, New York City, and Dublin where the firm is based out of. With AvaTrade, investors can trade a number of different types of securities such as stocks, commodities, Forex currencies and indicies. The firm also offers a wide variety of platforms which help make the trading process much more efficient and easier for investors.

With AvaTrade, investors will be in position to receive a number of benefits when using this particular brokerage firm. First, they will be using a firm that is registered and among the most reputable in the industry. As a result, they will never have to worry about getting involved with any trading scams. Another benefit of this firm is that investors can trade and open up an account with a balance as low as $100. This gives them the opportunity to make money with a very small initial investment. With AvaTrade, investors can also trade with over 250 financial instruments which gives them plenty of options to take advantage of when investing their capital. AvaTrade also offers two of the top platforms in the industry such as MetaTrader 4 and AvaTrader.

One of the things that makes AvaTrade among the top online Forex brokers it its platforms. You can use the AvaTrader and the MetaTrader 4 platforms to complete a number of trades. These platforms are among the most modern and up to date. As a result, traders will be able to complete a number of trades with the utmost efficiency and timeliness. There are also features such as low spreads and variety with these platforms. You can trade a number of currencies, stocks, commodities and funds with the platform. Investors that are looking to use these platforms will also be in position to make trades with a number of technological devices such as laptop and desktop computers, smartphones and also tablets.

Still not convinced? Read these AvaTrade reviews here.

Road to Financial Freedom – The Oxford Club

As a global network of investors and entrepreneurs, the Oxford Club’s mission is to help people relish in a prolific and well-heeled life that is more than just money. As s well-known investment firm, the club employs time-tested and unique investment strategies and principles that often help beat the stock market. As a result, those who invest in the organization have seen their assets outperform returns in numerous asset classes. Oxford Club’s recommendations cover a wide range of investment products including currencies, options, funds, equities, bonds, real estate and precious metal. With a presence in more than 131 countries, the Oxford Club has above 157,000 members currently.

Newsletters from the club to the members consists three daily e-letters, three bulletins and a couple of trading services files. The Oxford Communique is the club’s flagship newsletter that features Alexander Green’s analysis and commendations on trading as the club’s chief investment strategist. It also covers Alex’s essay series where he shares his ideas regarding healthy living and politics. The Oxford Club income letter features the club’s chief income strategist Marc Lichtenfeld who provides top monthly insights on having a supreme income portfolio. The ideas cover topics such as dividend stock analysis among others. Furthermore, The Oxford income weekly delivers updates inside the Oxford income letter’s four collections every week. The Oxford resource explorer features Energy and Infrastructure Strategist David Fessler, Emerging Trends Strategist Matthew Carr, Energy and Macro Strategist Eric Fry. The team delivers insight, research and commendations for oil, natural gas, and other resources.

Some of the trading services offered at the club include advanced energy strategies, Oxford bond advantage, automatic trading millionaire and the insider alert among numerous others.

The club has three levels of membership namely the premier association, the director’s circle membership, and the chairman’s circle membership. Premier membership features those who have subscribed to any of the club’s paid periodicals. The membership is renewable yearly. The director’s circle membership is made up of investors who pledge complete commitment to the organization and they receive the three club newsletters namely the Oxford Income Letter, the Oxford Communiqué, and Oxford Resource Explorer. The third and the most advantaged membership is the chairman’s circle membership that has access to the club’s unique features. The Members on this level also have direct interaction with the Chairman’s Circle connection who is the virtual custodian.

Cabinet Manufacturing Company Siteline Cabinetry

Siteline Cabinetry is a well known manufacturer of custom made cabinets. The company offers a wide selection of cabinet products that allow homeowners to get what they need in order to enhance the look of their home. With fully customized cabinets, homeowners will be in position to improve the look of their homes as well as increase its value. The custom cabinets offered by Siteline can be made for a number of different areas of the home such as the kitchen, home office and the bathrooms. Another thing about Siteline is that you can take advantage of cabinets that can come in a variety of styles and materials. With Siteline Cabinetry, consumers can count on working with a company that prioritizes quality, durability and customization when looking to get cabinets.

When looking to buy cabinets from Siteline, consumers will know that they can take advantage of making their cabinets completely customized. Unlike many other cabinet manufacturers, consumers can fully design their cabinets and them have them built. This gives them the flexibility needed to get a cabinet that meets all of their unique preferences. Siteline does not store cabinets in a warehouse and therefore, will not just sell you a premade cabinet that you may not be satisfied with. This unique approach to making cabinets has allowed Siteline to build a reputation as being one of the most reputable cabinet manufacturers in the industry.

The history of Siteline Cabinetry goes back to the early 1970’s. A man named Pat Corsi received a loan from the Small Business Administration and would use this funding to start up his own business. Over time the company grew and expanded. Eventually Corsi would acquire the Keysville plant which would serve as a factory of 47,000 square feet of space. This allowed the company to expand more easily and have more space to increase its overall production.

What makes Siteline Cabinetry one of the top cabinet manufacturers is its emphasis on certain characteristics which distinguish itself from other companies. Siteline emphasizes quality and looks to make cabinets that are among the most attractive on the market. Another core characteristic of this company is durability. Siteline looks to make cabinets that will last for many years and give consumers a cabinet that will hold up for as long as they live in the home. With complete customization, consumers can make cabinets that have the exact design, color, shape and size that they want.

The Iconic Feature of the Success of National Steel Car- Gregory Aziz

Entrepreneurship seems like the ultimate way of survival. Many individuals have come up with great ideas to try their luck. Unfortunately, some of this people have not been able to implement their idea into a plan. This is because it takes a lot more than talking. It needs commitment and dedication. Patience and perseverance are also virtues than an investor has to have.

 

Gregory J Aziz, the National Steel Car chairman, president, and chief executive officer of National Steel Car is among the individuals who have exhibited such characters. It has been a long journey that finally bore fruits.

 

James Aziz majored in Economics. This was going to help him in running the business and understanding the measures to take to avoid losses.

 

After completing school, he joined his family business. This firm was in the food business. With years of hard work, the company was finally recognized. It became the most substantial importer and exporter of foods across Eastern Canada and America.

 

In the 1990s, Greg Aziz went in search of bank facility opportunities. This was in preparation for the National Steel Car project. In 1994, he was finally able to buy the company. This was his dream come true. He always wanted to make the Canadian Company the most prominent manufacturer of freight cars and tanks in the whole of North America.

 

By 1999, the company’s output per years has increased to 12000 freight cars from the previous 3500. This meant that more employees were needed. They, therefore, increased the number of employees to 3000 from 600.

 

The community around was happy as a result of this development. They benefited greatly because many of them acquired positions in the company. Others set businesses. The large employment pool meant a big market. See More Information Here.

 

The people are grateful for the philanthropic activities that the National Steel Car has been involved in the community. They consider him the most prominent individual in Ontario.

 

Apart from his business success and philanthropic work, he is also a family man. He has a wife and two kids. Through his leisure time, he enjoys going family outings. One of the common activities that they enjoy together includes horse riding. Greg Aziz and his wife are sponsors of the Royal Agricultural Winter Fair.

 

Gregory Aziz says that the success of the company has been as a result of cooperation and teamwork of employees. The clients have also greatly contributed to the success of the company through their feedback. Gregory J Aziz promises their customers continued quality production of goods.

Learn More: https://remote.com/greg-aziz

Gregory Aziz, brilliant CEO of National Steel Car

Gregory Aziz is the CEO and president of the biggest engineering and manufacturing company in North America known as National Steel Car. This is a company that was established in 1912. The original founders of the company were Basil Magor and Sir Morison. The company was started as a subsidiary of the National Industries Inc. In 1919 it became a private company that was named National Steel Car Limited. Since it was started the company have never gone down. It has managed to operate for more than a hundred years consistently. This is one of the greatest achievements that this company have made. Its legacy as an engineering and manufacturing company have remained intact for all those years.

 

 

The current management of national steel car is led by Greg Aziz. He is an economist from Ontario, Canada. He went to the University of Western Ontario where he studies a degree in economics. He graduated from the university in 1971. After graduating he worked in a family owned business known as Affiliated Food. This is company that he helped to develop with a short time. Affiliated Foods became the biggest importer of foods into North America. In the 16 years of his management, it had expanded its influence on Canada and North America.

 

 

Affiliated Foods used to import foods from South America and Europe. It has become the biggest supplier of foods in the whole of North America. This is not the only business he worked for before buying National Steel Car. Gregory James Aziz went to New York where he worked for various investment banks. While working in the investments banking industry, this is when he met Dofasco who were selling the National Steel Car. He offered to buy it since he knew that he had the capability of changing its fortunes in a short time. As an economist, he knew exactly what to do to attain the desired results.

 

 

National Steel Car has shown great improvements since Gregory James Aziz took over the role of the management. Gregory James Aziz managed to make the production capacity of the company to go up. A company that he found with a production capacity of 3500 is now doing more than 12000 cars in a year. His strategy of expanding the operations of the company have also resulted in an increase in the number of workers that are employed by the company. The company has a workforce of more than 2000 all the way down from 600.

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Dick DeVos’ Commitment to Supporting Communities

Dick DeVos is a renowned business mogul who is currently based in Michigan. He also a philanthropist and has been involved in a broad array of activities. DeVos has been on the front line in supporting the actions of the Republic Party. He is the husband of the U.S. secretary of education, Betsy DeVos. The couple has been working together through the Dick and Betsy DeVos Family Foundation to support Christian-based missions, school vouchers, justice, and leadership. Dick was born into a wealthy family and his father, Richard DeVos, is the founder of Amway. His family also owns the Orlando Magic basketball club that plays in the NBA. Richard’s net worth is estimated to be about $5.1 billion, and he has been listed by Forbes as the 88th wealthiest individual in the United States.

 

Amway is a renowned global firm that deals with the manufacture and distribution of health products. In 2016, the company generated approximately $9.5 billion. Dick DeVos served an employee of Amway as from 1979 and be became the vice president in 1984. In 1991, his family acquired Orlando Magic, and he was offered an opportunity to act as its president and CEO. Dick led the club for two years before joining efforts with his wife to establish the Windquest Group.

 

DeVos has been in politics for years. In 2006, the Republican Party nominated him as its candidate for the Michigan gubernatorial position. During the campaigns, he promised the residents that he would regulate taxes to create a conducive environment for business. Dick competed for the office with the Democratic Party candidate, Governor Jennifer Granholm, who later won. The Michigan Chamber of Commerce was pleased with his manifesto and endorsed him as the best person for the job.

 

The entrepreneur has been on the front line in bringing reforms to the U.S education sector. His family foundation has dedicated millions of dollar to supporting charter schools so that they can offer the best education to American children. He is the co-founder of the Education Freedom Fund, a foundation that has been striving to give grants and scholarships to less privileged children. Dick and his wife want to ensure that all American have an opportunity of attending the best learning institutions. In 2016, the total donation of the couple was $11.6 million and $3 million of the amount was dedicated to the education sector. Their generosity has made it easy for children from poor backgrounds to enroll in good schools.

 

Visit http://dickdevos.com/news/ to learn more.

Talk Fusion Grows Into Multifaceted Company

Talk Fusion is a brand of software that has made it easier for people to communicate. This has become one of the most interesting video chat communication platforms around. People are using this worldwide, and that has made it the number one company for people that need real-time video chat. This is great for companies that may have never assumed that it would be possible to have the crisp and clear video solutions that Talk Fusion provides.

 

This company has grown in a tremendous way because video chat is only one of many other solutions that this company brings the light. Consumers that are looking for a chance to dive into video email will also notice that Talk Fusion has solutions for this.

 

It was the company that went against the grain to defy what could not be done by doing this through email. Bob Reina is the CEO of Talk Fusion, and the idea came about when he was told by his ISP – which was AOL at the time – that videos through email were not feasible. For an email document this was not something that was possible to do. Reina could have easily taken this as something that was just not going to be possible. He did not do this, however, because he knew that there was going to be a need for this one day. He believed that people would have an interest in this if he could just bring this to fruition.

 

This was a bold step for Bob Reina to take because he was not someone that had a technology background. Bob had a focus in criminal justice. This is what he went to college for (https://www.forbes.com/sites/quickerbettertech/2010/11/10/talk-really-can-be-cheap/#355f7a864e80). He did have friends in technology, however, that were willing to help him and create a path to video email. They came up with the concept and pitched this as the starting product for Talk Fusion. This will become a success, and it would lead to many more successful endeavors. Bob Reina would prove that video email and real-time video chat where things that people were passionate about.