Obsidian Energy Developments in Oil and Gas Production

Many companies have been involved in the oil and natural gas production business which has proven to be of great importance to the economy of the world. One such company whose primary function is oil and natural gas production is the Obsidian Energy Ltd. The company is based in Canada and was founded in the year 1979.Obsidian Energy’s headquarters are in Calgary, Alberta along the Western Canadian Sedimentary Basin. The three main chief production areas in Alberta include the Alberta Viking, the Pembina Cardium, and the Peace River oil sands. The company currently has an approximate of three hundred employees.

 

Obsidian Energy Ltd originally had different names including Penn West Petroleum Ltd, Penn West Energy Trust, and Penn West Exploration Ltd until its name was changed to Obsidian Energy on the 26th of June 2017. The resolutions made by the company were all agreed by all the shareholders in the annual general meeting 2017 in their notice. The CEO and President of the company stated in a recent interview that the name change was their final transformation step. The change in name of the company also went along with the change in the company’s stock symbol which will now be OBE on the New York Stock Exchange and also the Toronto Stock Exchange.

 

As Penn West Petroleum, Obsidian Energy was a Canadian Royalty Trust (CANROY) company from 2005 to 2011 which also included other different oil and gas production companies like ARC Energy and Fairborne Energy. In 2011, Penn West then made the decision to become a conventional corporation from a CANROY corporation. Obsidian Energy has made three key principles which will guide them in their operations. They include maximum dedication from the shareholders and partners, massive innovations and effective decision- making in the commercial and technical sector to protect the business’s value.

 

Obsidian Energy has also made several efforts to protect residents of their places of operation against adverse conditions. One such effort is the Community Matters Program, a program aimed at assessing damages that may cause health conditions to the residents and how to reduce the damage. Obsidian has proven to show its dedication to keeping the environment safe and protecting the community.

 

Find More Information about Obsidian Energy here.

Taking Over Oil and Energy Production with Obsidian Energy

Obsidian Energy is a gas production company in Canada. It ventures in producing natural gas and Canadian oil. Back then, it was known as Penn West Exploration Limited and later on changed its name to Obsidian Energy. David L. French being the rightful president and C.E.O of the firm has employed 300 employees who aid in all the company’s operations. For about 11 years ago, Obsidian Energy was ranked among the top sixty large companies leading on this field which by then had peaked so well in terms of the market share.

 

The best character trait by this company is its ability to endure and overcome difficulties that may take the course in business operation. Currently, the oil together with the gas field for this company is situated on the Western side of Canada; a popular region is known to be one of the gigantic petroleum reserves. They are able to produce their products from three key areas but still in the similar metropolitan area. This has been the main reason behind the bulk production of their products. Obsidian Energy has quite many investments in so many other bigger organizations. This is to increase their level of earnings in a very different manner.

 

Before the company changed its name to Obsidian, Penn West was a combination of many gas producers into one big organization. The company has so far attracted many business dealers and other firms interested in oil and natural gas products. These oil and gas wells are situated far from a suitable environment. Where the company is situated, there is no such thing as pollution. Obsidian Energy is so conservative on matters to do with environmental matters. The company was so overwhelmed this year by their positive production and earnings and announced on how it has been all through. Click Here for Related Information.

 

Some of the subsidiary companies under Obsidian Energy are Cenatic Resources Trust and Sifton Energy Company. So far on the Toronto Stock Energy, Obsidian Energy still rocks since its endless efforts towards best achievements. Market capitalization is also one of the key strategies of Obsidian Energy incorporates to its day-day success.

 

Source: https://globalnews.ca/news/3481168/penn-west-proposes-name-change-to-obsidian-energy/

The visionary and entrepreneurial Roberto Santiago of Manaira mall

Early life

Roberto was born on July 16th, 1958, in Joao Pessoa. He began his education in a local school just like children of an ordinary middle- class family. He then joined Pio X-Marxist College and later the University Centre of Joao Pessoa for his undergraduate. At the university, Roberto pursued a degree in business administration.

Entrepreneurial life

Cartonnage Company

After his degree, Roberto started working in a café at Santa Rosa. He, however, left this work since he did not like being employed. Roberto wanted to satisfy his interest in having a business of his own. This desire led him to start Cartonnage Company. He began by trading cartons made of cardboard and later went to producing decorative products.

Real estate

Roberto began making profits from his Cartonnage Company. With the earnings, he decided to invest in real estate. Real estate increased his business portfolio as this turned out to be among the best investments Roberto had ever decided to undertake. It is through the buying and developing of land that the idea of a mall came to him.

Manaira shopping mall

The land on which Manaira shopping mall sits on is 75000 Meters squared. Roberto acquired it in 1987. Construction took two years. With this reason, it meant that the mall could open in 1989. The mall has more than 280 stores, perfect for Roberto’s dream. Roberto wanted a place that offered everything for the family. Shopping stores, a gym, financial institutions and a college are all in the mall. With all these and its status, the mall became known all over the world. Consequently, this was the start of Roberto gaining recognition.

More malls

Manaira mall’s success gave Roberto more courage and determination in the industry. In the year 2013, he developed another mall in his hometown known as Mangeira. This mall has been a success adding more reputation to Roberto. The two malls have together continued to improve the social and economic aspects of the city. Roberto is living his dream with the two malls offering fun and entertainment to families.

Roberto’s success

With all these to his name, Roberto can be said to have achieved it. He is recognized all over the world as among the most successful businessmen. However, it does not mean that the road was smooth for him. Roberto has over the years experienced much pressure and occurrences that could bring any business down. All along he has proved to be a genius in the business world. The recent being the economic crisis of 2015. When the different sectors of the Brazilian economy were crushing, his shopping malls remained unaffected. His stability has led him to attract more investors, and he plans to venture deep into the industry.

 

A Sneak Peak Into Obsidian Energy Limited

Obsidian Energy Limited is a natural gas and oil production company that is found at Alberta in Canada. The company was previously known as Penn West Petroleum Limited, but it changed its name to Obsidian Energy Limited. The relevance of this was to show that the company was ready to be honed and sharped just like when an obsidian glass gets formed through a volcanic act. The name got changed after the concerned shareholders approved the act.

 

Since the company rebranded itself, it has undergone considerable positive and tremendous change. For example, it can now fund growth platforms, has a new management that is competent to guide the company growth, it has the right hard-working people that possess the company’s assets, and still, it has revised its procedures and policies so that it can it fulfill its needs. After rebranding the company has concentrated its development to Alberta alone compared to Penn West which had focused on having assets throughout the four provinces of Canada. The group is enthusiastic to achieve its goals and bear relevant results. It is also led by an intention and purposes to learn and act accordingly to continue growing commercially and even technically.

 

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The company has a team of management that has excellent knowledge and experience in ensuring that the company achieves its goals. This group comprises of David French who is the chief executive officer and also the president. David joined the company in October 2016. Being a bachelor’s degree holder from Rice University and a master’s degree in business administration, David has all it takes to make Obsidian achieve its goals. He has worked in other big companies Bankers Petroleum Ltd where he served as the president. As a result, this has enabled him to gain the relevant skills and experiences needed.

 

Obsidian is also committed to making sure that it conducts its operations responsibly and respectably to minimize its impact on the environment. Due to this commitment, they have set an email and free toll number to allow the community to communicate any concerns concerning its operations. It also has programs that aim at maintaining the environment.

 

Visit: https://en.wikipedia.org/wiki/Obsidian_Energy

The Contributions of Gregory Aziz to the Engineering Industry

Whatever industry you happen to be part of, it is a requirement that you vest much interest in enhancing your skills about it. Success is a process and not an event, so, you must ensure that your process is headed to the skies. Of late, the engineering industry has been receiving much competition due to the huge influx of many players. All the same, there are winners and losers. The National Steel Car Company is one of the few existing players who are reputable for being professional and effective. Thanks to Greg James Aziz who has relentlessly ensured that it maintains its status.

 

In a brief overview, Gregory J Aziz is one of the outstanding individuals who are recognized in North America for their success in business. Today, Greg J Aziz is the acting Chairman, President and Chief Executive Officer of National Steel Car. It is a unique company in the engineering industry that specializes in railroad freight cars. The outstanding CEO was born in 1949 and studied economics at the University of Western Ontario. Before joining National Steel Car, he worked in his family’s wholesale food business that grew to become one of the biggest players in the food industry in Canada and the United States. Click Here For More Info

 

In addition to the food business, James Aziz took some time to learn and perfect his skills in investment banking. It is in this career that he organized the purchase of National Steel Car from Dofasco in 1994. Since it had been founded in 1912, it had some experience and was already recognized. Although Greg Aziz did not have any specialized education in engineering, he had what it takes to bring real change. Other than capital input, he directly provided his skills as the CEO to improve the overall operations of the company.

 

Some of the most outstanding achievements of Gregory J Aziz include elevating the company to becoming a reputable leader in innovation. Since it is a trusted company, National Steel Car produces thousands of freight cars year after year. In fact, the act of modernizing the production processes has led to an enhanced production that is faster and poses zero risks to the environment. Another achievement that should not be looked down on is the provision of employment opportunities. More people have been employed in National Steel Car since James Aziz took over the executive roles of the company.

Mr. Gregory Aziz: An Executive with High Respect for Business and Family

Mr. Gregory Aziz, also known as Greg James Aziz, is one of the longest-serving employees at the National Steel Car. He works as the chairman and chief executive of this leading company in the development of railroad freight car engineering.

 

About Mr. Gregory Aziz

Mr. Gregory Aziz hailed from London and was a student at Ridley College. This executive was a scholar at the University of Western Ontario where he graduated with top honors. Upon completion of his college education, Mr. Gregory Aziz took up an active role in the family business. For over a decade, he worked for Affiliated Foods Limited and helped expand its operations in South America, Central, and parts of Europe. Mr. Gregory Aziz led the company well such that by the time he was leaving, the business had branches in Eastern Canada and the United States. He also made Affiliated Foods one of the top fresh food wholesalers in America.

 

Mr. Gregory Aziz’s role at National Steel Car

Before joining the National Steel Car, Mr. Gregory Aziz worked for a financial firm in New York. It was while working in this company that he became acquainted with National Steel Car. His first involvement with this group began when he organized the acquisition of National Steel Car from Dofasco. He later took up an active role at the company and became its president.

 

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The National Steel Car has been in business for more than ten decades. This company specializes in the manufacturing of tank car and railroad freight. This group is certified by ISO 9001:2008 and its core operations are in North America. The National Steel Car is committed to excellence and provision of quality products. This company also endeavors to:

  • Always lead
  • Honor traditions
  • Enhance determination
  • Ensure quality

 

Mr. Gregory J Aziz has enabled the National Steel Car to experience significant growth. Since he joined the company, its manufacturing capabilities grew from 3,500 cars per year to 12,000 vehicles. Mr. Gregory Aziz has also increased the workforce by 1,700 people.

 

This businessman also volunteers to local charities in Ontario. Mr. Gregory Aziz uses his influence at the National Steel Car to mobilize donors. He donates to the United Way, Theatre Aquarius, the Salvation Army, and the Hamilton Opera. Mr. Gregory Aziz loves family and spends his spare time with his wife. They both privately support other initiatives such as the Royal Agricultural Winter Fair. He also mobilizes the company’s employees both retired and current during the festive season to celebrate their impeccable contributions towards National Steel Car.

See: http://www.lacartes.com/business/Greg-Aziz-National-Steel-Car/191944

The Manner In Which Equities First Services Are Essential For Small Businesses

Economic growth in different countries is mainly composed of small businesses. The enterprises bring financial changes to several groups of people while delivering their products and services into the market. While they spearhead the financial sector, they usually come with new opportunities. Nevertheless, after the financial crisis of 2008, most of the startups have found struggling to run their operations. Most of them normally relied on traditional loans, but due to the witnessed economic problems, things might have changed.

Equities First is a king in the sector, a company that has brought great hope through its alternative lending solutions. The firm furnishes borrowers with low interest and non-purpose stock-based loans that have ensured potential investors get easier and affordable loans. Equities First services have also turned to be much common particularly with borrowers who don’t meet the minimum lending requirements of traditional lenders.

The monetary freeze of 2008 tossed various economies around the world into a major retreat. The scenario started as a result of credit blast that commenced in mid-2007 followed by the collapse of sub-prime home mortgages and a broad range of securitized items. As the result of emergency raised questions more than answers regarding the solvency and liquidity of affected companies, financial institutions turned up tightening their rules. Presently, most of the small businesses have turned to alternative lending solutions with giants in the industry such as Equities First witnessing a great traction of stock-based borrowers and learn more about Equities First Holdings.

Equities First (http://www.equitiesfirst.co.uk/) supplies customers with affordable stock loans that come with the small interest of approximately 3 to 4%. The loans have non-resource and non-purpose features, which have enabled them to attract larger amounts of clients over the last couple of years. The organization has completed over 650 transactions roughly worthy $1.4 billion in USD. Today, any potential investor can make a call and get started the innovative journey of modern lending and more information click here.