Penn West Petroleum Ltd. Renamed Obsidian Energy

Obsidian Energy is a Canadian oil and natural gas producer with a daily production capacity of about 30,000 BOE. The company’s head offices are in Calgary, Alberta. The company was previously known as Penn West Petroleum Ltd. until June 2017 when the shareholders agreed on the change of name to Obsidian Energy.

 

Management

 

The company is headed by David L. French who acts as the president and CEO. French previously worked at Bankers Petroleum Ltd. as the president and CEO. David Hendry is the company’s chief financial officer while Tony Berthelet serves as the vice president, development and operations. Andrew Sweertsis the firm’s vice president, production and technical services, while Mark Hodgson serves as the vice president, business development and commercial respectively.

 

Penn West Shareholders Agree on Change of Name to Obsidian Energy

 

On June 25, 2017, 92 percent of Penn West shareholders voted for the adoption of Obsidian Energy as the new company name. According to the company’s CEO Dave French, the name obsidian was considered because of the volcanic glass’s capacity to be “sharpened and honed.”

 

Obsidian’s growth strategy in the next three years will be based on adjusting spending to reflect the changes in oil and gas prices. In the midst of hard economic times, the company has relied on asset sales to cover huge debts. The company also plans to concentrate on four important production areas, down from 30.

 

Besides, there are plans to reduce the wage bill. This will be achieved by reducing the number of employees from 1,400 to around 300. Furthermore, the amount of oil produced in a day will be reduced from 135,000 barrels to approximately 28,000 barrels.

 

Over the years, the company has undergone various important changes. These changes have touched almost every aspect of the company. The company has been redefined regarding its future. As a result of these changes, the Obsidian Energy has become stronger and more productive than ever before. Get More Info Here.

 

Environment and Giving Back to the Society

 

Obsidian Energy is sensitive and concerned about the surrounding communities and the environment. The company’s Community Matters program provides an opportunity for its employees and contractors to interact and communicate freely with the people around. The company also ensures it has met all the required environmental regulations.

 

 

See Also: 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&

Regaining Lost Glory: Obsidian Energy

Obsidian Energy Ltd. is a middle-sized Canadian-based oil and natural gas production firm. It is based in Calgary, Alberta, and was previously known as Penn West Energy Trust, Penn West Petroleum, and Penn West Exploration Ltd. The name change took place in June 2017 as the last step in their transformation.

 

Obsidian Energy officially began a new chapter in their long and illustrious history where they will guide the company on three principals:

Disciplined, commercial, and technical decision making. This will help build and protect the enterprise value.

 

A relentless pursuit of innovation and progress.

Transparent and accountable efforts with partners, shareholders, and communities in which they operate.

 

David French, the President and Chief Executive Officer, stated that due to Obsidian Energy’s strategic positioning with the right assets, a prudent hedging strategy and a healthy balance sheet, the company is well within its means to set a standard for performance even in environments that are lower priced.

 

Obsidian Energy wants to be nothing like the old “Penn West.” Having survived high debt levels as well as an accounting scandal, coming out from of the four-year rollercoaster deserved a fresh start. The lawsuits that were brought about by the accounting scandal were all settled last year, and the net debt was reduced to $384-millioin as of March 31, 2017, compared to the outstanding $3-billion that would have crippled the company in 2013. The asset sales allowed for the debt reduction as well as sharpening its focus to four key production areas, down from 30. Employee count reduced from 1400 to 300. In that same period, the production received a huge cut from 135000 barrels to 28000 barrels.  Get More Info Here to learn more about the company.

 

The future is bright for Obsidian Energy. Tough decisions had to be made. Obsidian Energy is set to regain its former glory without the scandals that graced Penn.

 

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

Securus Technologies’ Facility Customers Comment on Using Technology to Solve and Prevent Crimes

Securus Technologies is an inmate solutions company that is committed to the highest levels of excellence when it comes to access solutions in technology. For the company, nothing can get their way when they are after making the world a better place to live. This is perhaps the reason why they have achieved the most sophisticated business solutions in the industry. Nothing can compare their business with management solutions in the industry. For more than 20 years of solid professional experience in the industry, we might have noticed that the company seeks to solve all the technical problems facing their clients in a manner that sets them apart in the industry.

 

Securus Technologies is a leading provider of technology solutions that are aimed at modernizing the inmate experience in and out of the industry. For the company to achieve better business, no one could have amassed better recognition in the industry more than Securus Technologies. This is because Securus Technologies has the best technology in the industry. The technology provided by the company works towards improving the better business experience that assimilates a working solution for those who seek to achieve the most sophisticated capabilities in the inmate industry. Perhaps this is the reason why the company is massively adopted as best in the industry.

 

Securus Technologies has also announced the opening of their facility clients to visit their technology solutions center. This opening aims to show the world the true leadership position Securus Technologies has in the inmate industry when it comes to technology. Few companies have amassed better business solutions seeking to advance their business solutions in a manner that is not capacitated in the industry. For this reason, we might consider seeking the best for better solutions in a manner that capacitates sought advantages. Securus Technologies is the number one technology solutions provider.

 

Meet Gregory Aziz, The Go-Getter

National Steel Car is a freight rail car manufacturing company which has been in existence since 1912. However, in 1994, the company was purchased by Gregory Aziz who is the Chief Executive Officer and the president of the company. National Cars Company is based in Ontario in Canada, but it has rolled its services to the United States of America. Since Gregory J. Aziz took control of the company, it has become one of the top brand names in the country and has produced machinery for the trains used in the country. Having run the family business for an extended period, Gregory J. Aziz knows well how to run the company. His family’s firm was involved in food importation from around the world and exporting to markets around Canada and the United States. Click Here For More Info.

After working for a while, Greg Aziz decided to take up other jobs, and that was when he joined the finance sector between late 1980’s and early 1990’s. It was while working in New York at one of the top companies that he made a name for himself and encountered National Steel Cars for the first time. National Steel Cars Company was undergoing a transition, and Gregory Aziz helped the company expand its business to the United States. In 1994 Gregory James Aziz assisted in the purchase of the National Cars from Dofasco and became the Chief Executive Officer and the president. He has since then transformed the company into an award-winning and to the top producer if railroad freight cars in North America. National Cars Company is the only company awarded ISO 9001:2008 and also holds the highest quality award of TTX SECO thanks to the leadership of Greg Aziz.TTX SECO is given to a company that produces high-quality products. For over a decade, National Steel Car has been given this annual award, back to back.

 

Gregory James Aziz believes that all these achievements have come about through the efforts of the whole community and that is the reason the company he has sponsored various Hamilton community-based projects through the company and also his wife. It includes the Salvation Army, the Hamilton Opera, the United Way and Theatre Aquarius among others. The company also hosts all its present and former employees and their families to the annual company’s Christmas party each year. Greg and wife Irene are the sponsors of the most prominent trade fair in Canada, the Royal Agricultural Winter Fair. Related: https://www.behance.net/greg-aziz

 

Gregory Aziz Gives National Steel Car The Impetus To Revive Its Operations

If anyone would be credited for the prosperity recorded by the National Steel Car, then it has to be Gregory Aziz. He is the man responsible for transforming, the over one hundred years old manufacturing giant, into what it is today. Gregory James Aziz serves as the president, CEO and the chairman of National Steel Car. He took over the charge of the company when he bought it from Dofasco in 1994. Since he bought it, he has been responsible for all the operations happening in the corporation that has been very positive. When he took charge, the company was on a route to collapsing, but his shrewdness in business management have saved the day for the manufacturer.

 

Gregory Aziz holds a degree in economics, which he received from the University of Western Ontario. His educational background has played a big role in making the operations of the company successful. As an economist, he holds so much insight on the direction such a company should take especially when reviving its operations. Through his efforts, he has changed the fortunes for the company which is now the biggest railroad freight car manufacturing company in the entire North America. The corporation deals with their design, engineering, and manufacturing. See This Article.

 

When he graduated in 1971, Gregory J Aziz joined Affiliated Foods, a company owned by his family in Ontario. After serving for some time and changing the fortunes of the food company, he moved to New York where he worked in several investment banks as an advisor on financial and investment management. While working in the banking sector, he took note of the opportunities that were available in various industries. Greg Aziz amassed a lot of wealth and experience that he would apply when he finally owned his business. His time in the investment sector coupled with the experience he gained from working at Affiliated Foods, gave him the much-needed impetus to operate his company.

 

In 1994, he finally purchased his company in the name of National Steel Car. National Steel Car was performing poorly when he bought it. Greg Aziz intended to make changes that would transform the manufacturing potential of the corporation. The company aligned itself for performance by investing in the areas that mattered the most. To Greg, the most important thing to do was to manufacture products of the highest quality possible. This would be the selling point of the company to the clients. True to his word, two years after he took over, National Steel Car received the award for the best quality known as TTX SECO.

Related Article: http://gregaziz1.strikingly.com/#about-greg-aziz

Daniel Mark Harrison’s Success in the Cryptocurrency World

If there is a name that has dominated the cryptocurrency field tremendously, it is none other than Daniel Mark Harrison due to his massive contribution to the business sector. Harrison is an entrepreneur, a blockchain ambassador, an author, a businessman among many others. He is a descendant of the house of Harrison well known for money printing industry. Harrison holds a BA in theology, MBA, and also a Master’s degree in Journalism.
Harrison is the CEO and Chairman of Daniel Mark Harrison & Co. Ltd. which takes care of his assets and all the assets belonging to his family. He runs the day to day affairs of the family businesses all over the world having offices in Singapore, Hong Kong, and Bangkok Thailand. This family organization is a reputed company globally.
Harrison is also a managing partner of anther fin-tech and blockchain venture firm known as Monkey Capital. This firm is the digital asset and a decentralized blockchain firm. He has seen many successes being recorded under his administration managing to grow readership to more than 450,000 per month. He manages the editorial team while optimizing the site and making sure a good preparation is made for google news syndication being involved in breaking world’s top stories.
Harrison has also played the role of the editor and publisher of The Marx Rand news publication which uncovered the FBI was overseeing the Ku Klux Klan. The publication also revealed how Toyota vehicle empire enslaved its workers; the same publication is also the one that unveiled how the US drug companies and the FDA failed to come up with a resolution to lower the Haitian cervical cancer among many women who suffered the same over the region.
Harrison never fails to amaze the world as he was a columnist for more than six years at the Motley fool and this made him become credited for bright recommendations to the stock prices in the UK and the US markets to be straightforward, clear and thoroughly detailed. He never left any matters unresolved when it comes to those things that hurt the public as he also revealed the Nintendo woes in 2010 on how the Jelf PLC’s intended to pursue the acquisition strategy. This was a huge move as other insurers realized the trick and he recommended the pair to switch trade made of GSK and Zeneca leading to a better second half of 2014 realizing outer performance.

How UTC Got its Right Footing During Louis Chenevert’s Tenure

Louis Chenevert has had a solid career at UTC. The business leader began his career at General Motors before joining the Pratt & Whitney arm of United Technologies Corporation. After six years of working with Pratt & Whitney Canada, he was promoted to the position of president of the division. His outstanding performance at Pratt & Whitney Canada earned him a lot of admiration, and he got promoted to the CEO of United Technology Corporation.

Louis Chenevert’s achievements at UTC are countless even by the mere fact he was chosen to head the $100 billion conglomerate. Louis’ feats at UTC are unmatched given that he was able to achieve a lot during his tenure as the CEO. When Louis Chenevert assumed his role as the CEO of UTC, he decided to acquire Goodrich. After a protracted period of negotiations that stretched for over a year, Louis was able to ink the deal and present new opportunities for UTC.

According to Louis Chenevert, the impact of a business leader is determined by their ability to invest in advanced technologies and human resource. From the time Louis Chenevert was appointed the leader of UTC, he made significant efforts to ensure that company leveraged cutting-edge technologies in developing its products. Louis Chenevert believes that investment in the right techniques and personnel will propel a business to unimaginable heights.

One of most prominent illustration of Louis Chenevert‘s commitment to the development of a highly skilled workforce is the Employee Scholar Program which he started. The program offers technical and financial support to the over 40,000 employees of UTC to pursue further learning in the fields of specialization. With over $ 1 billion invested in various educational pursuits, UTC has impacted on the education system of the US more than any organization.

Louis Chenevert was able to achieve more at UTC because he was always thinking about the future. His philosophies guided him in doing the right thing for the company and the American corporate space at large. With heightened competition in the manufacturing industry, Louis Chenevert was able to sustain the growth of UTC through calculated management strategies. Even since his departure from the company, Chenevert has seen success, acting as an exclusive advisor to Goldman Sachs.

Waiakea Water to Start Selling Bottled Water in Packaging that is Fully Degradable

Waiakea Hawaiian Volcanic Water will be the first company in the world to package the water it sells in a fully degradable bottle. It will begin offering these bottles in 2018 which will reduce the time it takes for a bottle to break down from about 1,500 years down to just 15 years, the company says. In order to achieve this breakthrough, scientists came up with TimePlast, a nano-additive with the power to break down plastic material far faster than nature can.
Waiakea bottles have always been made of 100% recycled plastic. This new technology will further reduce the company’s effect on the environment. The founder and Chief Executive Officer of Waiakea, Ryan Emmons, said that his company approached bottles and polymers in a different way. To date all of the research, he says, has been about making plastic stronger rather than weaker, and thus more able to break down. He said his company instead wants to accelerate the natural process of breaking bottles down so that landfills aren’t littered with them for over a thousand years to come.

Waiakea branded bottled water, which comes from the Big Island of Hawaii, has long been known for being sustainably sourced, as well as environmentally and socially responsible. It is also one of the best tasting and nutritious bottles of water on the market. In its 2017 roundup, 10 Best Water named Waiakea as the number one brand of volcanic water in the world.
Waiakea was founded by Emmons in 2012. Being socially responsible is one of the underpinnings of the company. For each bottle of water sold 650ML of clean water is donated through a partnership between Waiakea and PumpAid. This water is provided through wells dug in poor rural communities that lie in Africa.
The bottles of water that Waiakea sells can be found at many retailers across the United States. This includes Walmart, which is the largest grocery chain in the United States, and Amazon among others. People are attracted to what Waiakea is all about, which is being a triple bottom line company that puts the planet and people first.

Dr. Avi Weisfogel: Finding Success in an Emerging Medical Field

America is thriving because of the small businesses located in and out of the country. In fact, the country is also working towards adopting better business values in a manner that sets it apart in the world. Few other countries can compare their levels of business satisfaction and engagement with the United States. America is a country that offers equal opportunities for all regardless of their ethnicity and skin color. This is the reason why it is a site of destination for most people. If you have a motivating idea, you can always succeed with every slightest adoption in the country.

Many people in the country have attained their success levels through assimilating their ideas in a manner that sets them apart in the industry. Most of these people deny themselves sleep so that they can achieve the best for their future generations. While they can do so at the expense of their health, the last thing they want to hear is their health depriving. Lack of enough sleep amounts to massive sleep deprivation towards making the world a better place. If you are not looking towards developing better business values, you might not understand what Dr. Avi Weisfogel is talking about.

The older people will always advise the younger ones to engage in hard work. For them, they take the coffee and tea stimulants to help them stay awake working through the night without catching sleep. If you never have a plan to take care of your health, you will have a plan to take care of your health in the future when it will be impaired. According to Dr. Avi Weisfogel, it is not good to make all the money in the world at the expense of your health when you understand that you will use the same money treating yourself in the future. For this reason, you should never achieve  business solutions in a way that is not paralleled in the industry. Dr. Avi Weisfogel is the CEO and Founder of the Dental Sleep Masters Company based in New Jersey. Dr. Avi Weisfogel has used the company to assist other healthcare officials to diagnose and treat sleep apnea.

Expansion of Fabletics for People

People who know and love Fabletics have experienced a pleasant surprise when they walked to the nearest mall. They have seen that Fabletics has either opened a location or has started the process of opening a location. Either way, this gives members the chance to look at what is available. There are plenty of advantages to shopping at a physical location in Fabletics. Kate Hudson herself being someone who is into fashion has seen the value in the traditional clothes shopping process. This is one of the reasons that she and her business partners have opened up physical stores in some of the largest markets.

 

The first wave of Fabletics stores have recently opened up and customers are happy to actually have access to the company without having to go online. This means people not only get to feel the products and try them on to find the right fit, but they can also wear them as soon as they pay for them as opposed to waiting to receive the product. With Fabletics aiming to take on Amazon, this is one way to handle the competition. However, Amazon does have 1 hour shipping which doesn’t hurt. For some people, Fabletics has done the right thing when it comes to business which is provide a more traditional shopping experience which makes it easier for people to find their fit.

 

The best way to shop at Fabletics is still online. After all, this is where one gets to take advantage of all of the features that the company has to offer. Also, the convenience of the experience makes it easier to shop at the company. For one thing, it is a lot easier to redeem coupons on the website. Another thing is that the owners of Fabletics have had plenty of time to perfect the online retailer. Therefore, people are going to have an easier time shopping with the website.

 

One of the best aspects of them opening up physical locations is that people can do a combination of online and physical shopping. For instance, they can see what items are available and then search the stores.

Weekend #workout plan inspired by @gingerressler's high-power moves ????

A video posted by @fabletics on