Obsidian Energy: An In Depth Look At Obsidian Energy

Obsidian Energy is an oil and gas company based out of Canada. The company is listed on the Toronto Stock Exchange. At one time the company was called Penn West Energy. David L. French is currently the President and CEO of Obsidian Energy.


David French has been interviewed on numerous occasions by the Toronto Stock Exchange. Mr. French has stated that he is pleased with the amount of growth Obsidian Energy is experiencing and he feels the organization will continue to grow and prosper especially within the 2018 fiscal year.


Mr. French has been with the company for almost two years. In addition, he has previously been employed by Bankers Petroleum Company where he served as CEO. David French currently holds an Bachelor Degree in Mechanical Engineering from Rice University.


Obsidian has a strong commitment to nearby residents to keep them informed about any changes that may impact the environment. Changes impacting the environment are associated with gas and oil operations initiated by Obsidian.


Obsidian Energy has a variety of environmental programs that involve communication, resource conservation as well as site abandonment practices. This information is made available to the public.


The company has safety principals in place that guarantee the safety and well being of all Obsidian employees, family, friends as well as the public environment. All policies and safety procedures will at all times will comply with legislative requirements as well as compliance issues.


Obsidian Energy also enforces an Emergency Response Plan which involves employing safety measures while drilling for oil or gas within a specific geographic zone. Any and all companies as well as residents will receive advance notification of any scheduled drilling operations according to specific zones. Zones are numbered and recorded, they are kept in a permanent file.


Updated manuals are available for gas and oil pipelines in accordance with the National Energy Board Guidelines. Guidelines are updated on a yearly basis and can be viewed by obtaining permission to review relevant links. Read This Page to learn more.


Please see www.obsidianenergy.com. Safety data sheets can be viewed by logging on to the company web site.

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

Revamped Obsidian Energy Is Leaner But Stronger

Western Canada’s key petroleum producer Penn West formally changed its name to Obsidian Energy in June 2017. As the CEO, Dave French pointed out; they chose the name as an indication of its commitment to the pursuit of excellence and accountability in its services to customers, investors, and the community. However, the name change is only part of a major transformation process in the company.


Lesson from crisis

Penn West had thrived in the evolving sector for years since it began operations. The number of shareholders had risen to nearly 200 million, and its daily production stood at 135,000 barrels. Unfortunately, it experienced a financial crisis and accountability issues which almost caused an untimely death to the mid-size petroleum products producer. Instead of giving up, the stakeholders noted their lessons and began to redefine the firm’s operations and limits.


Game-changing resolutions

Between 2014 and 2016, the company took time handling its external issues. It reduced debts from $3 billion at the beginning of the period to $384 million in 2016. It also cleared the investors’ lawsuits that resulted from its integrity issues. At the beginning of 2017, the management began in-house reorganization. It culminated the process by game-changing resolutions which it shared with the shareholders. Refer to This Page.


Creation of Obsidian Energy

The proposal had five resolutions that would redefine the firm’s, management, share capital, executive compensation, accountability and scope of operations. Changing the name of the company from Penn West Petroleum Ltd to Obsidian Energy was also one of the resolutions. The management considered the change necessary as an indication of the organization’s paradigm shift. In June 2017, the shareholders voted in favor of all the recommendations.


Leaner but stronger

Obsidian critical focus is providing quality to its clients, shareholders, and investors. To achieve this, they narrowed the scope of their production from 30 areas to four. Consequently, daily production reduced by nearly 80% to 28,000 barrels. The number of employees and share capital was also cut down significantly. Obsidian has several subsidiaries including Canetic Resources Trust, Endev Resources Partnership, and Sifton Energy Inc. Currently, the company has approximately 300 employees on staff. According to, Obsidian Energy’s CEO, the company has reemerged leaner but stronger and more capable of handling the dynamics of the industry.


See: http://www.marketwatch.com/investing/stock/obe

Securus Technologies Provides Exceptional Service to Correctional Facilities

Securus Technologies is one of the largest providers of communications to correctional facilities, safety organizations and law enforcement organizations. They work with over 2,400 prisons and help over 1.2 million inmates connect to their families while they are incarcerated.


With the services that Securus provides, inmates can call their families on the phone, leave voice messages and have access to email. Families also can leave voice or email messages. This process makes it a lot easier for inmates and their families to get by as their loved ones serve their time.


Headquartered in Dallas, Texas, Securus is a recognized leader in the provision of specialized communications equipment and processes for corrections facilities and law enforcement agencies. There are several plans that are made available including a collect call feature, inmate billing, where the charges are billed to the inmate, advance pay, where a family member or a benefactor can pay the bill in advance and regular billing which is sent to the family in most cases.


There is also a video conferencing feature where the inmate and the family are linked together with a camera and voice capability on both ends of the conversation. This creates a live, real-time session which is just like being together. This saves the family the time and trouble of having to drive to the correctional facility and then having to wait for a meeting area to clear.


The Securus information and communications systems also make it possible for public safety and law enforcement agencies to collect, consolidate and make available information that supports safety and emergency situations in a real-time environment. This technology alone is critical for the well-being of the safety of all that are involved with the prison systems and the public at large.


Securus Technologies has had a huge impact on the morale and well-being of prisoners and the families of those incarcerated appreciate the commitment and results of the system.


National Steel Car Company Growing Under Gregory Aziz

Gregory Aziz is the president and the chief executive officer of the National Steel Car Company. The company is one of the world’s leading companies in the engineering and manufacturing of railroad freight cars.

Greg Aziz graduated with an undergraduate degree in Economics from the University of Western Ontario. He started his career in 1971 when he joined a food venture firm that belonged to his family. Visit This Web Page for more.


While working there, he helped the company import fresh food products from Europe, Central, and South America. Determined to prosper in this business, Gregory James Aziz also went ahead and started a food distribution network in Canada and America.


He ran this family business for a very long time, importing food products from all over the world and trading them at the markets in the united states and Canada.


After successfully managing his family business, Gregory Aziz joined the field of finance. He joined finance field in the 1980s and worked there until in the 1990s, working with investment banks in New York.


It was while working at one of the investment banks in New York that he had a first-time experience with the National Steel car company.


The National Steel Car Company was going through a transition, and Gregory J Aziz worked closely with the high ups in the company. Through these business transactions, Greg Aziz became a part of the National Steel Car Company.



The National Steel Car Company was founded in the year 1912 and has existed for over 100 years, emerging as the leading freight car manufacturer company in North America. The company’s commitment to the provision of quality products has earned it this reputation.


The National Steel Car Company has its headquarters in Ontario Canada, but it has expanded its services to the United States of America.


Gregory Aziz joined the company in the year 1994. His main aim to make the business succeed relied on teamwork, capital and human investments, and excellent knowledge of engineering.


Between the year 1994 and the year 1999, the National Steel Car Company, through the leadership and teamwork put in pace, saw its manufacturing capacity expand from 3,500 cars to 12,000 cars per year. This improvement in manufacturing capacity also meant that employment in this particular period also increased from 600 employees to 3,000 employees.

Learn More: http://centraljerseyworkingmoms.com/gregory-aziz-and-the-transformation-of-national-steel-car/

Greg Aziz, CEO of National Steel Car restores the glory of NSC

National Steel Car is one of the oldest corporations in Canada. It is among the remaining corporations that have survived for over a century and continues to be fully operational just like modern day corporations. In the category of rolling stock companies in Canada, it is the only big corporation that still exists. Most of the competitors in the industry died as a result of hard economic times and a shortage of orders from the railway’s industry. Other companies have fallen victims of their decisions by failing to adapt to changing times. Technology has adversely affected the engineering and manufacturing industry, and not many old companies have successfully transitioned with it.


National Steel Car is located in Hamilton, Canada. It is still one of the resilient companies in the country; have withstood the test time successfully. Established in 1912, National Steel Car have been manufacturing railroad freight cars and other related products. The company has been able to move with the times, and since the day it started its operations, it has never closed operations although its management has switched hands a couple of time. Initially started by Sir John Morison Gibson, and Bail Magor, the corporation is today owned by Gregory J Aziz. At some point between the 1960s and 1990s, it was owned by Dofasco.


National Steel Car Corporation has faced threatening challenges twice. After starting off with a boom in 1912, the corporation suffered its first huge setback in the 1930s. The company suffered a major shortage of orders. Since it was dealing with just one line of production, it found itself entangled in some challenging environment that needed quick measures to resolve. What the company did was to resort back to the production of bus bodies and motor trucks as a way of maintaining its operations. It later got its operations back to normal in the 1940’s with the advent of the Second World War. See More Information Here.


Greg Aziz


Greg James Aziz is the man behind the recent resurgence of the National Steel Car in the engineering and manufacturing industry. James Aziz bought the company from Dofasco in 1994 after the former owner was unable to sustain its operations. As an economist and investment advisor, Greg made the decisive decision of purchasing the company and transforming it.


In just a few years, Greg Aziz had restored the lost glory of the corporation in the region. The corporation now produces over twelve thousand cars all the way down from three thousand five hundred when he took over.

Read More: https://www.steelcar.com/Greg-Aziz-welcome


Recapping the May Waiver Wire

The waiver wire is the lifeblood for most fantasy MLB lineups. In May, the New York Daily News identified ten players on the May 10th wire. Now that we’re nearing the end of the season, here’s how these ten held up:




Jose Urena turned out to be a strong pickup, posting respectable wins (13) and strikeout rate (6.18). Fantasy Alarm has him rated as their 78th best pitcher as of September 13th. Luis Perdomo was initially a more attractive pickup than Urena, due to his high K/9 rate (7.94 on May 10th) and his high ground ball percentage (70%). Since May, though, his K/9 rate has dropped and his ERA has crept back up to 4.61. Fantasy Alarm consistently recommends against starting him, though he isn’t a total disaster. The other two Daily News recommendations,Eddie Butler and Hansel Robles, never panned out and were relegated to situational relief.




The biggest name to come out of the Daily News’s May 10 waiver wire was Rhys Hoskins, the Phillies’ outfielder–though he wasn’t called up until August. He hits for both average and power. Fantasy Alarm has him ranked 33rd for outfielders, and he can also play 1B. Rich Lowrie was less impressive, but he was never a power hitter and his BA suggests points to be had. Ben Gamel looked strong in the early season, but his average has come down to reality and doesn’t provide much power, limiting his usefulness. Kennys Vargas doesn’t play enough to matter, Jorge Soler still can’t hit, and Ryan Schimpf strikes out too often.


Louis Chenevert – The Man Who Left a Legacy at UTC

The magazine known as “Aviation Week and Space Technology” named him “Person of the Year.” The affiliate of the University of Montreal, HEC Montreal, awarded him a honorary doctorate. Also the National Building Museum would shower him in awards in 2009. He was so intelligent that Goldman Sachs tapped him to be an advisor in 2015 for their Merchant Banking Division. Who was this man? His name is Louis Chenevert, and if you are in business, you would be wise to listen to him.

Chenevert began his career by working for General Motors. It was here that he worked with the brightest minds in the production management field. He sharpened his skills and became one of the best production managers the company had ever seen.

He would go to leave General Motors after working there for fourteen years to pursue his job at the aircraft manufacturing company Pratt and Whitney. Chenevert found that he had a knack for this niche of business and was promoted to the role of company president in the year 1993. Chenevert believed he could reorganize the entire sector, but many doubted him. His doubters knew that this once proud sector used to make up nearly a quarter of America’s GDP, but now it was not even half that amount. Chenevert was up for the challenge.

In 2006, Chenevert would go to become CEO of the United Technologies Corporation, or UTC for short. To be competitive, he would lead UTC to acquire none other than Goodrich. This came a cost of $16.3 billion, but it launched UTC to the top of its field. Chenevert would begin producing high quality products ranging anyway from commercial and military jet engines to flight controls and sensors to the very air conditioners that each of us have in our homes. From there he would lead UTC to become a Controls & Security juggernaut, before retiring in 2014.

Seeing how wise Chenvert was in his business dealings, it is no wonder that the stock for his company rose from the boring $37 a share to the eye opening $117 a share it is today.

Waiakea Water’s Partnership with Pump Aid Makes an Impact

People across the world are becoming more aware of their impact on the environment. They are increasingly looking for ways to conserve the environment ranging from the use of eco-friendly environmental conservation methods to consumption of easily disposable plastic bottles. Bottled water has become popular globally as it is convenient and ready to use. However, Waiakea water encourages the use of eco-friendly and biodegradable water bottles to reduce adverse impact on the environment.

About Waiakea

Waiakea, a Hawaiian volcanic water supplier, supports Pump Aid, a nonprofit organization to increase access to safe and clean water in Africa. Waiakea partners with Pump Aid to install pumps in remote villages to allow locals access clean and safe drinking water. Waiakea commits to helping Pump Aid continue its important cause of increasing access to safe and clean drinking water. Waiakea uses environmentally-friendly practices to help people access safe drinking water while conserving the environment. In every 20 seconds or so, a child dies from water related issues. It could be in the form of thirst, disease, or natural calamity. Waiakea looks forward to addressing this by helping build up Pump Aid. The initiative between Pump Aid and Waiakea springs will contribute toward reducing water-related deaths. Besides, it will create better and wider access to clean, safe drinking water.

Waiakea water can be highly sating, especially when served cold. Besides, its benefits are remarkable and unending. Waiakea sources its water from the Big Island of Hawaii where it rains throughout the year. That means Waiakea has a constant flow of clean, fresh water. Again, its water contains an optimal amount of silica. Recent studies have shown that silica can reduce the risks of Alzheimer’s disease.

Ryan Emmons, aged 22, is the founder of Waiakea. He discovered something special in the Hawaiian water after spending the summers and winters with his family in Hawaii in 2012. Despite stiff competition in the beverage industry, Ryan Emmons saw an opportunity of growth. Today, Waiakea’s value stands at $10million. It has experienced 4000% growth since its inception in 2012. In the last three years, Waiakea has sold 122,400 cases up from 2,304.

Dr. Avi Weisfogel, the Medical Professional Behind Sleep Apnea Innovation

Sleeping disorders are a common condition among various individuals. It may seem like a small issue but its effects are severe in the long run if not addressed effectively. A six to eight hour sleeping period is recommended by specialists as a healthy lifestyle. Inadequate sleep can lead to losing of hair, puffy swollen red eyes, wrinkles, and a dull skin complexion.

Dr. Avi Weisfogel has made tremendous steps in helping patients with sleep disorders and new discoveries in the field of medicine. His over two decades experience enabled him to invent an oral appliance gadget. This is inserted in the mouth to enable sleep apnea patients to have a peaceful sleep. He introduced the device to the market which gained popularity among other physicians and patients.

About Dr. Avi Weisfogel

A former Biology and Psychology student at Rutgers University, Dr. Avi Weisfogel academic life is proof of his thirst for knowledge. Having earned a degree was not enough for him. His passion for medicine made his move to New York University. He enrolled in the universities dental department. His patience paid off when he earned a DDS. As a true entrepreneur, he decided to open his own practice instead of being employed. He named it Old Bridge Dental Care. Running his own business enabled him to gain experience in marketing. His determination earned him The Best Dentist Award for two years consecutively

His success has greatly been contributed to a strong dedication to his passion and ideas. This he relates to his role model the late Steve Jobs. As a successful dentist for many years, he realized that he also had an interest in helping sleep patients. This he achieved through coming up with oral Appliances. This is a gadget that he improvised to assist patients with Obstructive Sleep Apnea (OSA).

Thanks to Dr. Avi Weisfogel inventions, sleep disorder patients have a remedy. Healthy Heart Sleep is one of the doctor’s successful projects. With a solid 20 years experience, he uses the project as a platform to share his experience with fellow physicians hence spreading of knowledge. This has enabled the curbing of sleep apnea condition hence benefits to the patients. He runs an organization named Owner Unlimited Sleep Patient that that offers information to patients and interested dentists on various ways to curb sleep apnea. It also promotes partnership with renowned experts from various disciplines.

Can Luiz Carlos Trabuco Cappi Keep Bradesco At The Top Of Brazilian Banking?

Throughout the 2000s, Bradesco, now the second largest banking conglomerate in Brazil, experienced phenomenal growth. This was largely due to organic growth of the banking market itself, with many economically productive Brazilians rising in economic status, driving demand for banking services. But it was also due to the strong leadership of Bradesco’s president, Mario Cypriano, who had made a number of important acquisitions, further driving growth. The sum total of all of this was that between 2003 and 2009, Bradesco’s stock price rose by more than 200 percent.

In 2009, Luiz Carlos Trabuco Cappi took over the helm of the banking giant, by this time, the number-two financial services firm in the country. The problem for Trabuco Cappi was that the days of easy organic growth were largely behind the firm. With the Brazilian economy stagnating and most of the organic growth that had taken place as a result of spiking demand for banking services coming to an end, it was clear that Trabuco Cappi would not be able to repeat the phenomenally successful strategies of his forerunner. Still, as soon as Trabuco Cappi took office as president, he made it clear that the overarching goal of his tenure would be to grow Bradesco into the largest bank in Brazil.

Read more on Bloomberg.com

But in 2009, another problem that Trabuco Cappi faced was that nearly all of the viable acquisition opportunities for such a large bank had largely been gobbled up already by Bradesco and its chief competitor, Itau Unibanco. The latter, in particular, had proven to have a voracious appetite for eating up smaller banks. In fact, it had grown into the largest bank in Brazil over the preceding decades almost entirely through acquiring smaller firms. This left slim pickings for Bradesco to choose from.

Nevertheless, Trabuco Cappi pressed on with his mission to find the right acquisition targets to allow Bradesco to grow enough to overtake Itau Unibanco as Brazil’s number-one financial institution. After patiently waiting for six years to find the right deal, rumors started swirling that HSBC was looking to divest its Brazilian assets. This was music to Trabuco Cappi’s ears. HSBC was one of the largest banks in Brazil and its acquisition would instantly put Bradesco on top in a number of different areas, including branches and cash on deposit. The acquisition of HSBC would be a coup for Bradesco and its shareholders. In early 2015, Trabuco Cappi sprang into action, feeling out the HSBC higher-ups to see if a sale might be on the table. He was soon pleased with what he was hearing.

Throughout the first half of 2015, it became clear that HSBC was indeed looking to dump its Brazilian operation. In the incredibly competitive and stagnant Brazilian banking market, HSBC had been losing money multiple years in a row. It was also necessary for the bank to allocate some of its top talent to the management of its increasingly loss-prone Brazilian assets. It wanted out.

Trabuco Cappi seized on the opportunity. As a result of the massive growth it had experienced the decade before, Bradesco’s cash position was strong. After much negotiating and due diligence, Trabuco Cappi made an offer of $5.2 billion, all cash, for the outright purchase of all of HSBC Brazil’s assets. It didn’t take long for HSBC to accept the offer, instantly transforming Bradesco into arguably the most important banking institution in Brazil.

The deal won Trabuco Cappi the Isto E Dinheiro Entrepreneur of the Year award for 2015. But it has also positioned Bradesco, a bank that only 30 years ago was nothing more than a minor regional player, into the undisputed leader in many areas of Brazilian banking. The question will be whether Trabuco Cappi can capitalize on his newfound strategic advantage. But if the past is any guide, Itau Unibanco had better watch out. Trabuco Cappi has a long track record of turning unprofitable business lines into gold mines. Bradesco’s future looks better than ever.

For more information about Luiz Carlos Trabuco cappi, just click here.