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Obsidian Energy Set To Refine Its Business Dealings And Outlook

Penn West Petroleum recently changed its name to Obsidian Energy, with the approval of the shareholders. The company’s name change marked a new path for growth in sales, following a less glamourous record of returns in the previous years. The chief executive officer of the company, Dave French, stated that the new name was an inspiration of the naturally occurring volcanic glass that is refined to become sparkly and of a higher value. Obsidian Energy is set to minimize its spending budget by limiting it to oil and gas while focusing increased efforts in production and debt reduction. One of the options that Obsidian Energy undertook to cut the budget was to cut down the employee capacity from 1400 to 300 and the production of 135,000 oil barrels per day to 28,000. Get More Information Here.

 

Obsidian Energy’s new label, OBE, was effective on the New York Stock Exchange and the Toronto Stock Exchange. David French revealed that shareholders approved the firm’s 2017 annual plans as indicated in the 2017 Special and Annual Meeting and Management Circular, penned on April 30th, 2017. He explained that Obsidian Energy has formulated a leaner execution plan that includes all the necessary assets required for growth, an improved balance sheet and a fail proof plan that will steer the company successfully in low financial seasons.

 

In addition to the revised economic scheme of the firm, David French is certain that the newly designed governing principles will guide every employee towards manifesting the stipulated vision. The first principle requires employees to apply a detailed economic and technical analysis in projects. Secondly, commitment is necessary to progressively achieve the outlined goals and meet deadlines. Lastly, Obsidian’s motto states that everyone is required to maintain transparency in all business dealings to uphold integrity, hence retain and attract customers. Since the revelation of the new guiding principles by David French, Obsidian has published a report detailing the shareholders special meeting, which led to the agreement of the name change.

 

Obsidian Energy is a middle-sized oil and gas production company. Reports collected in 2017 indicate that Obsidian Energy has an evenly balanced portfolio. Currently the accumulated assets allow the production of approximately 30,000 gallons gaily. The firm has an unwavering dedication to satisfy their customers and rise among other oil and gas firms.

 

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

Gregory Aziz – Visionary CEO Of National Steel Car

Gregory James Aziz was born and raised up in Ontario Canada. He is also commonly known to the Greg Aziz. He was born in 1949. He went to the Ridley College before joining the University of Western Ontario where he graduated with an economics degree. He became the Chief Executive Officer of National Steel Car. He also doubles up as the president of this company. National steel car is the leading manufacturer of tank cars and railroad freight cars. National steel car is also the biggest engineering and manufacturing firm in North America. CEO Gregory Aziz is a family man. He is married to wife Irene.

 

 

Gregory Aziz and his wife Irene are philanthropists. They are the sponsors of the Royal Agricultural Winter Fair. This is a popular event in Canada that is attended by hundreds of people. After graduating from the university, he made a choice of joining a business owned by his parents to help it grow. The foods supply business was known as Affiliated Foods. When he was working for the foods business it became the biggest importer of fresh foods into the region after a span of 16 years. They made importations from South America and Europe. They then supplied the foodstuffs to markets in Canada and the United States. Go To This Page for more information.

 

 

In the 1990s, Gregory J Aziz was working in New York. He had secured employment with a number of investment banks in the area. While working in the banking sector. He had the opportunity of securing investment. He bought the National Steel Car from a company known as Dofasco. He bought the company since he knew that he could manage to bring its operations back up after the previous owner failed to do that. He wanted to transform national steel car to be the biggest engineering firm in North America. His aim was accomplished after 5 years. He managed to transform the manufacturing firm and its operations were back up in a bigger and better way. The production capacity of the firm developed from 3500 to over 12000 cars in one year.

 

 

Aziz managed to transform, National Steel Car after he applied good management skills, invested in highly skilled workers and improved the technology used in the production among others measures. The number of workers who work for National Steel Car after the transformation grew from 600 to over 2000. The company is ranked as the best producer of railroads cars. It also has the best quality products in the region. It has been awarded severally with the TTX SECO awards. for excellence.

Obsidian Energy Fresh Start in the Oil Industry

Obsidian Energy Limited is a Canadian oil and natural gas production company. The company has its headquarters in Calgary, Alberta. During a shareholders meeting held in July 2017, the shareholders mutually agreed to change the company’s name to Obsidian Energy Limited after a series of consultations. The new name was coined from a naturally occurring volcanic glass called Obsidian.

 

The company changed its name because of the restructuring it had gone through. The restructures gave the oil and natural gas production a fresh look and changing its name was equally important. The Penn West company had accrued various debts and accounting scandals that hindered proper functioning. Strategic measures were therefore taken to reduce the debts and make the business productive again. As a result, Obsidian Energy Limited was born. The company currently operates only four production sites and has significantly reduced the debts the mother company has accrued.

 

Obsidian Energy is currently headed by Dave French, who is the company’s Chief Executive Officer. The company owns gas and oil fields in Alberta. It also has numerous oil and petroleum wells in the Western Canada region. The region has one of the largest petroleum reserves globally. Obsidian conducts its production mainly from the Peace River oil sands, the Alberta Viking and the Pembina Cardium areas in Alberta. The company currently produces approximately 31,000 barrels on a daily basis.

 

The new chapter has made Obsidian Energy stronger in the market. The company is focused on realizing its goals and succeeding in the oil and petroleum industry. According to the CEO, the company has a brighter future in store. See This Page for more information about the company.

 

In an effort to succeed more in the industry, Obsidian Energy Limited has partnered with major players in the industry. The company recently invested in Cold Flow Manufacturing in the Peace River region. It has ventured into the manufacturing with China Investment Corporation. The partnership was given the name “Peace River Operated Partnership” (PROP). Together, they are using crude oil to manufacture cold flow. Obsidian is also building a Waterflood platform. The platform will be used to increase the production rates in Cardium.

 

Visit: https://www.bloomberg.com/quote/OBE:CN

Greg J. Aziz Achievements at National Steel Car

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Greg James Aziz has a great history and has made National Steel Car a worth company attention. He has been on the frontline pushing for its growth and development. The great business icon has been on the frontline working for the improvement of various businesses that have made him become a wealthy person.

 

He is currently a great billionaire under his massive capacity as the CEO, chairman and the President of National Steel Car. He has been respected for his great managerial skills and dedications and has been on the frontline working for nothing else but the success of the company. Greg James Aziz took on the leadership role of the company in the year 1994 when he acquired it from Dofasco. National Steel Car Ltd is based in Canada and has had its operations in the whole of Northern America region. He has seen the company grown from a small venture to a big giant in the industry. Greg Aziz has also been on the frontline ensuring that he promotes the welfare of his staff which improves motivation, commitment and also innovation. He has stood for nothing less than success. Get More Info Here.

The Ontario born CEO has achieved greatly in his career. He has fought for nothing less than just success and has been on the frontline pushing for greater success. He was also raised in the city of Hamilton by a well up family, and he did not travel looking for great places to look for a place to start businesses. Hamilton was an ideal place for him. He hired his classmates in school. He was believed to have possessed some natural intelligence even while he was in school. He started building his career by attending the great Western University.

 

He specialized in Economics, and that is when he learned the basics required to run quite a very successful business. He, however, applied his skills in the industry and had worked for nothing less but success. He applied his skills and knowledge to work for the success of a company that has been operating for more than a century. Gregory J Aziz was hopeful that his managerial skills and economic understanding would result make the company a leading regional giant. He took over a company from Dofasco that had targeted the United States and Canada markets but later went on towards increasing the company’s capacities. They were able to increase operation from the normal 3,500 units to 12,000 in just five years’ time.

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

Mike Baur: Assisting Startups and Small Businesses Worldwide

People around the world are establishing their businesses. However, not all of them have the proper training on how to sustain growth. Mike Baur, a Swiss businessman, and entrepreneur wanted to change the mindset of the people when it comes to business, and he wants to help them succeed. Mike Baur co-founded the Swiss Startup Factory, which has a primary objective of assisting small businesses for them to succeed. He is also the company’s managing partner, pushing the Swiss Startup Factory to the top. Mike Baur is proud to say that he has helped hundreds of small-time entrepreneur from around the world.

 

Before co-founding the Swiss Startup Factory, Mike Baur previously worked in the finance industry. He was a banker for more than 20 years, and he served the most prominent banks in Switzerland, including the UBS and Clariden Leu. His years of working as an employee often give him the thought of starting his own business, and when he had all of the knowledge about being an entrepreneur, he decided to quit his job and became an investor. He invested in small businesses, but then he noticed that he is not earning a lot. He had an idea on his mind of creating his own company that would help small businesses thrive, and he immediately contacted his colleagues for support. Max Meister and Oliver Walzer are two of his friends who also founded the Swiss Startup Factory. The company was established in 2014, and Mike Baur managed to grow the company in only a short period. Being one of the company’s co-founder, Mike Baur is also responsible for providing awareness among the Swiss of what his company is all about. He goes from university to university, explaining how his company works. In 2016, his startup company partnered with CTI, a business firm that also focuses on helping small businesses grow. The Swiss Startup Factory also teamed up with financial institutions, who promised to provide financial assistance to their clients and will also help them to reach their goals in the shortest time possible.

 

The primary objective of Mike Baur’s Swiss Startup Factory is to create multinational companies that will never follow the traditional approach to maintaining a business. The primary product of the company is a training program which will help entrepreneurs understand how business works. Aside from the training, entrepreneurs who enlisted for the course will also enjoy different services offered to their business, including financial services, maintenance, coaching, mentoring, office space, and an unlimited and unrestricted access to a vast network of businesspeople around the world that are ready to speak with potential investors. These services provided by the Swiss Startup Factory can be categorized into four different groups, each focusing on their specialties: Pre accelerator Services, Growth Accelerator Services, Wenger and Vieli Law Accelerator Services, and Digital Business Strategy.

 

Mike Baur hopes to see everyone in the future is busy with their businesses. He knows that poverty would end when people started to discover how to do business, and with enough financial literacy, he thinks that everyone can be successful.

 

 

Market America International Convention 2017 Echoes the Role of People in Creating Great Economies

Market America holds several events such as the annual Market America Convention. These events aim to foster the collective spirit between entrepreneurs and challenge them to be better. Market America is a company that credits its success to the people. The company set out to empower entrepreneurs to create an economy powered by them. Market America provides the entrepreneurs a platform to build businesses, connect with others, market products globally, and earn revenues. Through Shop.Com and Market America, an entrepreneur becomes a unfranchise owner.

The Market America Convention 2017 held in Greensboro between the 9th and 13th of August celebrated 25 years of entrepreneurial success. At the 2017 Convention, the topics focused on success, belief, self-motivation, Market America products, tips to improving incomes, and new technology.

The 2017 Market America International Convention featured several speakers amongst them founder, JR Ridiger. JR Ridinger spoke on the topic belief. The current CEO narrated how he discovered a niche in the market. He highlighted factors in the market that informed his decision to begin Market America such as mass production, one-product companies, lack of standardization, and lack of suitable business plans. For JR, success meant finding solutions for all the market products and identifying ways that many could benefit from a concept.

Today Market America continues to provide revenue generating activities for people globally, in a mall-with-no-wall concept, offering a variety of product.

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Obsidian Energy Streamlined For A Stronger And Bullish Future

Based in Calgary, Alberta in Canada, Obsidian Energy is a publicly traded medium-sized oil and gas production company with a well-balanced portfolio of high-quality assets with the capability to produce more than 30,000 barrels of oil per day. Obsidian aim to deliver the best possible results by ensuring that they provide the right policy on asset management to maximize returns. The love for what they do gives them the extra push that is absolutely necessary to be the best at what they do in their very competitive industry. Their discipline and unyielding accountability to their shareholders, partners and the communities in which they operate in has seen them forge an unwavering trajectory to newer heights.

 

After undertaking fundamental changes throughout the organizational structure, and every other aspect of the business, the company formally changed its name to Obsidian Energy Limited on June 26, 2017. As a result, they’ve come out stronger, leaner and more capable than ever before as they head down their new path as Obsidian Energy. David L. French, a Harvard Business School Masters of Business Administration graduate and also a Bachelor’s degree holder in Mechanical Engineering from Rice University is the current President and Chief Executive Officer at Obsidian Energy has a wealth of experience having served as the President and Chief Executive Officers of Bankers Petroleum Limited, another Calgary-based publicly traded oil and gas company where he successfully led the operational and commercial growth over his tenure. Mr. French has a number of times expressed his unreserved optimism about the success of the company in the near future.

Obsidian Energy is devoted to leaving a positive impact in the communities and societies in which they operate and live. The Community Matters program is one such initiative that shows their commitment to conduct operations respectfully and responsibly and serves as a reminder to their staff and contractors to communicate openly with area residents, address concerns proactively by allaying any negative outcomes that can be associated with oil and gas operations. Read More On This Page.

 

Their environmental programs aim to meet or even exceed all environmental regulations, encompass stakeholder communication, resource conservation, and proper site abandonment and reclamation practices.

 

 

Source: https://www.obsidianenergy.com/

Gregory Aziz, the Pride of National Steel Car

Gregory James Aziz is the CEO and Chairperson of National Steel Car, NSC. The company is among world’s leading others in railroad freight car manufacturing and engineering. Its headquarters are based in Hamilton.

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Sir John Gibson, the 1912 Lieutenant-Governor of Ontario and six other Hamilton business people, started National Steel Car which was then called Imperial Car Company. National Steel Car has since then held the record of having 100 years of quality service. It has a reputation of providing blue-chip railcars, and it is currently the top freighter engineering and manufacturing company in North America.

 

Under the management and leadership of Gregory Aziz, National Steel Car has been able to acquire the TTX SECO award consistently for a decade and more. It is, furthermore, the only railcar company in North America to receive the ISO Certification, 9001:2008.

 

Most beginnings are never easy, and neither was NSC’s. However, it has managed to go through every obstacle since Greg took over, and now it is a global company. Gregory J Aziz acquired his expert leadership skills both at the University and through field experience. He studied at the University of Western Ontario, after his time at Ridley College.

 

He graduated and went on a pursuit of employment, which he found at Affiliated Foods, his family’s company. It has for over 18 years, been the leader in fresh food importation from Europe and America. Greg Aziz worked with the company for more than a decade. He then moved to New York and worked with investment banking opportunities for another ten years. View More Information Here.

 

James Aziz had a good working experience, and this molded his skills and made him prepared for future leadership. When he was ready, he purchased National Steel Car, with the drive to transform it completely, something he achieved within a brief time. Greg James Aziz wanted to make NSC the leading freight car manufacturer in North America. Currently, National Steel Car is not only a North American company but also a global company, and it has appeared severally among the world’s leading manufacturers of railroad freight cars.

 

Gregory J Aziz was born on 30 April 1949 in Ontario. He is married to Irene, and the two are sponsors of the Royal Agricultural Fair, which is Canada’s most prominent fair; among several others. National Steel Car under Greg also fund various charities like the Theatre Aquarius, the Hamilton Opera, the United Way, the Salvation Army.

The Ethics And Quality Service Of Obsidian Energy

Obsidian Energy is classified as a gas producer of intermediate size. Their portfolio is well balanced, and consists of high quality assets capable of a high rate of production. The company is built on an exceptional platform, an entrepreneurial spirit, and excellent results. Obsidian Energy believes in accountability, discipline, their communities, partners, shareholders, and having a passion for their work.

 

Prior to June 26th, 2017, Obsidian Energy was called Penn West Petroleum Ltd. The changes the company went through affected the entire business, and led to the name change to redefine the company. Obsidian is more capable, leaner, and much stronger as they embrace the future. Their gas, and oil fields run along the Western Canadian Sedimentary Basin in Alberta. This area has one of the biggest petroleum reserves in the world. The production comes from the Alberta Viking, the Peace River oil sands, and the Pembina Cardium.

 

Obsidian Energy has made a commitment to positively impact the communities in which they live, and serve. This is enforced with the Community Matters program to conduct operations with responsibility, and respect. This program additionally serves as a reminder for contractors, and employees to achieve open communication with the residents of the area, be proactive in addressing concerns, and mitigate any impacts associated with the operations of gas, and oil.

 

Obsidian believes all operations impacting the environment must be minimized. Their environmental programs either meet, or exceed all regulations regarding the environment, resource conservation, the proper practices for reclamation, and abandonment, and encompass communication with stakeholders.

 

Safety is integral in the activities of Obsidian Energy. Their programs protect their employees, the company, the environment, the public, fellow workers, families, and friends from serious accidents. Obsidian Energy consistently improves safety programs, standards, awareness, training, and the safety of contractor’s employees, and their employees is incredibly important. All legislative requirements regarding safety programs, procedures, and polices are met, or exceeded by Obsidian Energy. Any serious incident, or injury is reported, and investigated. Every contractor, and employee takes responsibility for safety policies, and compliance as mandated by the company. All jurisdictional regulations are enforced. Go To This Page for more information.

National Steel Car’s Meteoric Rise Under The Leadership of Gregory Aziz

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National Steel Car has, for many years now, come to be a world-renowned leader in freight car manufacturing. Indeed, the engineering company has taken such a lead within the industry that it is widely considered to be one of the single best freight car manufacturers in all of North America. The pertinent question then is “why?” Why has National Steel Car witnessed such monumental success where other, similar companies, have failed? The answer can be found in the leadership of the company, namely personified in the CEO, chairman and president of National Steel Car, Gregory James Aziz who is sometimes referred to by friends and co-workers more simply as Greg Aziz or James. Greg Aziz is a longstanding veteran in the manufacturing and engineering industry with well over two decades of experience at National Steel Car alone.

 

Under Gregory J Aziz leadership the company has consistently improved both its product as well as its customer rapport, which is essential for any business. In addition, all of this, Mr. Aziz’s directives have led to 13 consecutive awards of the TTX SECO manufacturing industry standard award, a coveted attribution which is very highly selected for quality, consumer satisfaction, reputation, cost efficiency and a whole host of other factors.

 

But Greg Aziz has not simply limited himself to business alone. Given that he understands that there is little use in possessing money for its own sake, he has made a great deal of headway in a number of high profile charitable contributions. Some of these include a drive for the local art scene of Hamilton, Ontario, where National Steel Car is based, as well as a local hunger drive to provide food and employment for the needy. On top of all of this, Greg Aziz still finds time to attend to his family, consisting of his faithful wife of many years, Irene, and his two young daughters, Natalie and Karina. With a deft hand for both the personal and public, the financial and the philanthropic, it is easy to see why National Steel Car has done so well under the Greg Aziz’s leadership. Read This Page to learn more.

Visit: https://remote.com/greg-aziz