OBSIDIAN ENERGY; AN OIL COMPANY RE-EMERGES STRONGER

Obsidian energy, formerly Penn West Petroleum Ltd is an intermediate Canadian company dealing in the production of oil and natural gas based in Calgary, Alberta. The location of the company is well known for large petroleum deposits. The shareholders of the company overwhelmingly approved a change of its name in June 2017, adopting the name Obsidian Energy. The firm found the name appropriate, primarily because it is a naturally occurring volcanic glass.

The change of name got accompanied by other significant changes which have redefined several aspects of the business of the company. The move has redefined the company, and it is now ready to take an exciting new path.

 

Obsidian Energy not only cares for its profits but also for the community and the environment. The company is committed to caring for its environment and takes into account the impact of its operations on the environment. The company is committed to the observance of the set regulations on environmental conservation. They undertake various measures to achieve this, including efficient stakeholder communication and reclamation practices.

 

The company is also committed to safety and health which it takes to be integral in its activities. Enough health and safety measures are targeting both the employees, families and the entire company. It is also committed to continuous improvement of its safety standards and programs.

Obsidian Energy recognizes the need for having an emergency response plan. There are comprehensive emergency response plans for all the operations of the company which have been developed in consultation with major stakeholders such as the communities in which the company operates. Check Out This Article.

 

Corporate governance is a crucial aspect of any progressive company. Obsidian Energy appreciates the impact of good corporate governance practices and works diligently to ensure the interests of all stakeholders got promoted. There are enough mechanisms to ensure that the company maintains good corporate governance.

 

Obsidian Energy Ltd is now producing roughly 30,000 BOE per day. Obsidian has returned to profitability in 2017 with a generous cash flow to back up those profits. Not only did Obsidian post a profit in the first quarter, but funds flow from operations was C$.11/share. Annualized, that would mean the fund’s flow is C$.44/share.

 

Source: http://calgaryherald.com/business/energy/restructured-penn-west-proposes-name-change-to-obsidian-energy

For Obsidian Energy Smaller Is Better

On June 26th of this year, Penn West Petroleum Ltd. became Obsidian Energy. The name change is part of a restructuring necessitated by a dramatic decrease in crude oil prices in 2014. Over the course of the last two years, Penn West had been selling assets as part of a debt reduction strategy.

 

Now a smaller company, Obsidian falls somewhere between Canada’s largest and smallest oil producers. In May production projections placed Obsidian’s’ daily output for this year at close to 30,000 barrels of oil equivalent (BOE). Obsidian currently employs 407 people.

 

Headquartered in Calgary, Alberta Obsidian has been in operation for 38 years. The Western Canadian Sedimentary Basin (WCSB) is the site of Obsidian’s oil and natural gas fields. This year the WCSB should yield around 31,000 BOE daily. The Pembina Cardium, the Peace River oil sands, and the Alberta Viking are the main areas for natural gas and oil production within the WCSB.

 

Obsidian controls the Esther area of the Alberta Viking. That area contains light crude oil and natural gas. The Esther area nets 1,976 barrels of oil equivalent daily. A good cost of production to retail value ratio and the use of shorter cycle wells are what makes Obsidian’s efforts in the Alberta Viking profitable.

 

In Cardium, Obsidian Energy employs a water flood platform to harvest 18,430 BOE daily. As the term suggests, water flooding utilizes the force of water to bring oil to the surface. This method increases production and results in a more stable rate of production.

 

Obsidian has partnered with the China Investment Corporation to form the Peace River Operated Partnership (PROP). Currently, PROP takes 4,928 BOE out the Peace River oil sands every day. Oil that comes from sand is normally thicker, making the use of heat necessary to bring it to the surface.

 

The viscosity of the Peace River oil is thin enough that cold-flow production can be used. Not having to use heat means the oil can be produced at a lower cost. That lower production cost and the area’s potential to produce oil for years bode well for future profitability.

 

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Aloha Construction’s Focus on its Clients is Paying Off

Aloha Construction, one of the leading home repair companies in southern Wisconsin and all of Illinois, is customer centered. So far, the firm has completed over seven thousand projects to the satisfaction of customers. Thanks to Dave Farbaky (also known as David Farbaky) who founded the company on the basis of honesty, integrity, fairness, and professionalism. The company’s staff including supervisors, inspectors, installers, office team, and claim specialists have adopted Aloha’s values; this coupled with attention to detail and timeliness ensures that customers get the best value for their hard-earned cash.

Over the years, Aloha Construction has specialized in four areas: roofing, siding, gutter installation, and window or door replacement. Specialization has enabled the company to focus on specific market demands, and as a result, Aloha has unmatched expertise in offering the mentioned services in parts of Wisconsin and Illinois.

A roof is perhaps the most exposed part of the building. Strong winds and scorching sun during winter in addition to other adverse weather elements degrade the quality of roofs. Although other home repair companies may want to replace the roofs outright, Aloha is more procedural as it carries out a 9-step process to ascertain how to restore roofs without blowing a hole in a client’s pocket, and learn more about Aloha Construction.

Ever wondered why gutters are essential parts of a house? Although water is necessary for life, too much of it, especially in the wrong place, can be costly. Accumulated rainwater around the house damages not only the concrete but also leads to the development of mold and mildew. By installing gutters the right way, Aloha saves customers both time and money. However, in case a customer’s drains were poorly installed, Aloha will not hesitate to salvage the situation, follow their Twitter.

Aloha is a specialist in the siding (sometimes referred to as cladding). The company understands that sidings coupled with roofs form the first line of defense against harsh weather. As such, Aloha aims to install, replace, and repair sidings such as aluminum, Hardee Board, and Face Brick among other types of sidings.

Away from the essential construction work, Aloha seeks to contribute to charitable organizations through the Dave Farbaky Foundation.

Paul Mamphilly- exciting stock investments for the future

It is interesting that although news about stock markets are all over our media every day, only a small percentage of Americans have actually invested in stock markets. According to reports, more than two thirds of Americans have never invested in any stock related market. Many people are still stuck to bank accounts savings which normally attracts slow interest rates. The end loser for such investments is the investor. The money saved in a bank will probably increase by a very small margin. The point therefore is, why make poor investment decisions when there other alternatives that are very lucrative. To help understand the concept of alternative investment, we will look at the work of one of the greatest stock investors in the United States, Paul Mamphilly.

Paul Mamphilly has been a very successful investor in the stock market. He been a hedge fund manager at the Wall Street for many years. His knowledge of the stock markets is deep. Today, he is considered an authority on the direction of stock markets. Those who follow his analysis of various markets can attest that he gives a crystal clear prediction of the markets that are likely to be lucrative in the future.

The best thing about stock markets is that one should be able to make the right decision quite early even before actual profits begins rolling in. Stock markets pay well to those who make sell or buy decisions at the right time. Stock investments requires one to have a solid analysis on the economic environment of the country and the globe at large. Stock markets are normally influenced by various factors. It is therefore upon the investor to make the call on the future of the sector he hopes to invest in and learn more about Paul Mamphilly.

According to Paul Mamphilly, investors who made the right decision to invest in the technological sector are now counting their profits. The industry have been on a massive growth which have seen many stock investors in the industry make thousand and millions of dollars and https://technewsspy.com/2017/10/11/paul-mampilly-says-being-chipped-is-the-wave-of-the-future/.

Paul Mamphilly advises that the industry is not yet done. There are other areas of technology that are still green but will be ripe for investment in the next few decades. He gives example of the electric car industry. He terms it as one that is highly likely to produce very good returns to those who will invest early. The industry is taking shape and will be big going into the future and his Facebook.

Paul Mamphilly is the winner of the Templeton Foundation Awards. He managed to turn $50 million investment to $88 million in a very challenging economic time and Paul’s lacrosse camp.

Advocacy group challenges Fox bid to acquire Sky

Avaaz is a United States-based civic organization that was launched in 2007 to promote global activism in a manner that denotes better promotion in the line of duty. The organization is now dealing with issues such as animal rights, human rights, climate change, conflict, poverty, and corruption. some press releases consider Avaaz as the largest and most powerful online network for human rights activism.

Avaaz’s name was chosen as a translation of the word emanating from Persia to mean a voice or a song. This is what the company entails. It is a voice for those who cannot speak for themselves. This means they have watched educational capabilities in a way that develops better business solutions. The company also says that the name means many things to different languages that entail speaking on behalf of those who cannot speak for themselves and more information click here.

Res Republica founded Avaaz. Res Republica is a community of the public sector professionals who are always dedicated to the promotion of civic virtue, good governance, and deliberative democracy. Move On is also considered as one of the progressive advocacy groups under Avaaz. The European Union Association of Engineers also supported Avaaz to develop offices all over the continent and Avaaz’s lacrosse camp.

Fox has bid to acquire sky as one of the largest purchases it has made since the 21st century commenced. It is also seen as a legal challenge to deal with the United Kingdom regulators to revisit their ruling that the pay TV provider will remain in position to assimilate better business. In a letter to the United Kingdom Chief Office, lawyers acting on Avaaz commenced their plea that the company has fatally flawed their material. They also demand a review of the $20 billion use into the case concerning Sky purchase. The Fox executive assurance examined an illegal standard that ignored relevant evidence in the translation and what Avaaz knows.

Other Reference: https://www.guidestar.org/profile/20-5050267

Mike Baur: ‘Goin’ to the Bank’

Mike Baur is a banker, an entrepreneur, a businessman and the co-founder of the company known as the Swiss StartUp Factory. He is under 40 years old and already has over two decades of working experience in the private Swiss banking industry. He is also currently serving as for one of the largest and most popular private Swiss banks.

 

Mike Baur’s professional resume indicates he has experience in more than one field. He was once employed as the CEO (chief executive officer) of a company named ScanSource, Inc. In 2014 Bauer co-founded the Swiss Startup Factory along with his anonymous business partner. Headquartered in Zurich, the Swiss Startup Factory is one of Switzerland’s biggest privately-financed ICT start-up ventures.

 

The Program

Mike Baur and his staff presently offer potential clients a special program specifically designed for entrepreneurial hopefuls who are in need of financial investors. Bauer’s business can provide entrepreneurs numerous methods for locating sponsors. The Swiss Startup Factory reputedly has a noteworthy network of independent, international investors.

 

Baur once told the press that his company provides clients with an objective, three-month strategy for individuals with new ideas and startup ventures. This program also both guides and educates young, wishful entrepreneurs so that someday they too may launch their very own international businesses. In addition to the mentoring and coaching opportunities, Baur and crew also provide other assistance such as obtaining an office in Zurich. Additionally, they help clients to establish and further professional networks. The ultimate goal of this program is to aid individual burgeoning businesses to meet the specific goals.

 

Bauer’s Background And Education

Bauer has been fascinated with finance and accounting even as a teenager. Those same interests remained unabated and thus he went on to earn his MBA from the Berne University of Business. He also earned a second MBA from Rochester University and began his career soon after that.

 

Baur’s work experience since then has not only added to his knowledge but continued to feed his love of the field. At present, he still stays alert for any news concerning the financing, accounting, and consultation fields. Still, Bauer has other interests as well.

 

In his off hours, he is involved in various activities. He is said to have an interest in his community in Friborg. Bauer mentors young people and other entrepreneurial “newbies”, and takes part in business-related events in Switzerland.

 

Gregory Aziz- the CEO of National Steel Car

If there is a company that has recorded an amazing level of excellence in the railroad freight and tank car manufacturing, the entire credit goes to the National Steel Car. It is now more than 100 years, and the National Steel Car still maintains an exceptional performance as compared to other small and large firms in the automobile industry. Presently, Greg Aziz is the chairman, president and the CEO of National Steel Car, which is now in the limelight of engineering performance.

 

National Steel Car

 

Being located in the North America, National Steel Car has dominated the market as the sole manufacturer of stronger and safer cars that are used to transport tanks over long and short distances. The company has done a great job in creating employment opportunities for the citizens. Between 2014 and 2017, National Steel Car has created jobs and hired more than 900 new employees, said Gregory Aziz.

 

The Success of Gregory James Aziz

 

Currently, James Aziz is the chairman of the National Steel Car and has done a great job in ensuring that the company achieves both financial and market growth. Aziz also has the responsibility of acting as the chairman of the board of directors for the company. Aziz attended and graduated from the University of Ontario in 1971 with a degree in economics. After graduation, he was offered a job at the Affiliated Foods which is a company that was founded and launched by his family. Through the effort that was pumped into the business by Aziz, the Affiliated Food was able to grow and become an international importer that supplied fresh food market to most parts of Canada; this happened in the early 1980s. See More Information Here.

 

Other Opportunities

 

In 1980, James Aziz wanted to explore other fields so that he could get the opportunity to exhaust his rich economics skills. So, he went seeking for a chance in the Investment Banking World. Since Aziz was looking to achieve the success of becoming part of the world’s best Freight car, he acquired the National Steel car in 1994. Since 1994, Aziz has helped the company to build a strong team of engineers who take part in the manufacturing of quality products.

 

Gregory J Aziz is a great leader who has helped the Steel Car to achieve most of its goals by embracing teamwork. Some of the things that Gregory James Aziz has done include coming up with rational decision-making strategies to augment the productivity of the company.

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Gregory Aziz Bringing One of the Oldest Businesses Back to Glory

Mr. Gregory James Aziz is a widely popular Canadian entrepreneur who is best known for his ownership of the company National Steel Car. Mr. Gregory James Aziz has been at the positions Chairman, President, as well as Chief executive officer (CEO) of the manufacturing company National Steel Car.

 

Mr. Greg James Aziz was born and raised in London, Ontario, Canada. Mr. Greg James Aziz received his education from the Ridley College before majoring in Economics from the University of Western Ontario. After that, Mr. Greg James Aziz assumed his place in the family business. His family used to own Affiliated Foods which operated in the industry of wholesale. The company became a global business and imported fresh food products from Central America, South America, as well as Europe. The products were distributed across eastern Canada and the United States of America.

 

At the start of his career, Mr. Gregory J Aziz took up a number of jobs in the banking sector in New York City. He also did a series of investments. After twenty years in the industry, Mr. Gregory J Aziz was able to make a faithful purchase, and so he acquired the business of the National Steel Car in 1994. Previously owned by Dofasco, National Steel Car and its history go back about 105 years. National Steel car has always had its headquarters in Hamilton, Ontario.

 

Sir John Gibson was the first owner the business of the National Steel Car, and it was a massive success among investors in Canada. When Mr. Gregory J Aziz purchased the company, however, it was nothing like it used to be. Two years after its establishment, the company had employed 1 500 people, but in 1994 National Steel Car had only 600 employees. The business had suffered significant downfall during the Great Depression, and it had barely managed to survive the period. After that, National Steel Car got back on its feet, and even though it had managed to restore a part of its former glory, things started going down again.

 

Mr. Gregory J Aziz brought the company back to a reliable operation. The employment went from 600 to 3 000, and the production capacity increased from 3 500 a year to 12 000 a year. These changes took place over the course of five years since the purchase of National Steel Car. See This Page for More Info.

The company has been around for over a century. That makes it valuable in the industry for the length and richness of its history. Like Aziz on Facebook.

How Gregory Aziz Drives Innovation at National Steel Car

 

Gregory James Aziz got his business start working for his family’s wholesale food company, Affiliated Foods. Early on he showed his affinity for business growth when he helped their company grow from a relatively small wholesale company to a global distributor that distributed healthy fresh foods across the United States and throughout Eastern Canada.

Looking for a more corporate life, he moved on to the world of investment banking where he saw a great deal of success in a short period of time. He was positioned to work on the sale of a company that was near and dear to Canada: National Steel Car company. The sale was important because it would once again put National Steel Car on the map as not only one of Canada’s largest manufacturing companies, but one of North America’s largest engineering and manufacturing companies of railroad cars.

The sale was a great success and Gregory J. Aziz soon transitioned from working in the investment work to becoming a part of the National Steel Car team. He saw incredible success, even during his early years. The company saw over a triple percent growth in four years in their volume of employees. This came as a direct result of the company’s increased investment in their employees as well as a commitment to putting company culture and employee happiness at the forefront of their internal goals.

 

Gregory J Aziz is known for having a strong and decisive leadership style. He and his management team are continually focused on innovating in the technology sector of manufacturing.

National Steel Car has seen a wealth of success in the past two decades, yet Greg Aziz and his team are not content with resting on the laurels of that success. They are always seeking to move forward. The company actively adapts to new technology in the vertical and is always working internally on programs that will continue to put them at the front lines of innovation in the railcar industry. Go Here For More Info.

 

Under the leadership of Gregory J. Aziz, new ideas are welcomed and innovation is crucial to success. His commitment to National Steel Car is unwavering and the results of his leadership are seen at all levels of the company’s success.

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Greg Aziz and National Steel Car

Greg Aziz is the CEO of National Steel Car Ltd. National Steel Car is a company that engineers and manufactures rail freight cars. The company is located in Hamilton, Ontario.

Greg James Aziz was born in on April 30th, 1949. His place of birth was London, Ontario. He attended Ridley College, and then went to the University of Western Ontario for a major in economics. His family already had a wholesale food business, which he joined in 1971. The name of the company was Affiliated Foods. Over the course of sixteen years, the company became a major, worldwide importer and exporter of fresh foods.

 

Throughout the late 1980s into the early 1990s, he worked on investment banking work in New York. In 1994, Greg James Aziz bought National Steel Car from Dofasco. National Steel Car had been a great Canadian company at some point. Gregory J. Aziz’s goal was to take this company and make it into a leading freight car manufacturer in the entire North America. From 1994 to 1999, the company flourished under the leadership of Greg Aziz. At the time that Greg Aziz purchased the company, the company produced only 3,500 cars a year. In 1999, the company produced as many as 12,000 cars. Over this five-year period, employment dramatically grew from 600 to nearly 3,000. For the past 18 years, National Steel Car has held the certification of being ISO 9001:2008. They have been the only company involved with freight car engineering and manufacturing industry that has held this certification. Ever since 1996, National Steel Car has been awarded with the TTX SECO award.

 

National Steel Car also takes part in philanthropic activities for the community. The company has sponsored the United Way, the Hamilton Opera, local charities, the Salvation Army and Theater Aquarius. The employees of National Steel Car participate in an annual Christmas party and food drive. See This Article for related

National Steel Car is definitely not a spring chicken when it comes to companies that manufacture and engineer freight cars. They have been around for more than 100 years. They have provided such a great service to human society, since we need rail cars to ship supplies all over the world. They are very crucial to the operation of modern day society. In fact, when railroads were first invented, that was the beginning items being so easily shippable and obtainable. People could ship perishable goods in smaller amounts of time, thanks to railroads. information.

See Also: https://about.me/greg.aziz