Fueling Economy With Obsidian Energy


Obsidian Energy is a highly ranked Canadian based company that produces natural gas and oil. Being located along western Canadian sedimentary basin one of the world’s largest petroleum reserves, the high end equipped company produces an average of 30000 BOE per day. Before it rebranded to obsidian energy on 26 June 2017, the company was initially known as Penn West Petroleum Company.

 

 

The Company was stricken by crude oil prices fall in 2014, which significantly led to re-establishment and selling of majority of its assets for the following years to reduce its debts. These changes led to a restructuring of the company, based on some new pillars that were meant to make sure it is back to its best. It majored on a constant pursuit of progress, liability, and transparency to the shareholders’ efforts and any other parties they were in business. The company also focused on safeguarding its enterprise value by discipline and decision-making.

 

 

In 2017, the new CEO David French suggested a new name for the company that would no longer sound like the old one and which would relate to a naturally occurring volcanic glass and hence they suggested the word Obsidian.

 

 

Currently, the company operates in three places around Canada; Alberta Viking, Cardium and Peace River, where its vital development assets are situated.

 

 

Obsidian Energy has some responsibilities, which include health and safety community and environment and corporate governance. These responsibilities help the company to mitigate that impacts resulting from the production of oil and gas.it ensures the community around its operation and its employees are far from far-reaching effects like accidents.

 

 

Some of the programs that help Obsidian Energyto reduce the risk of funds is hedging. Hedging concentrates in crude oil and natural gas, which the company regularly updates the prices on their website as they fluctuate. Learn More Here.

 

 

In summary, Obsidian Energy has found to maintain a positive result after restructuring to a small-scale intermediate size company of oil and natural gas production. Their principles have held them well towards achieving their goals in the evolving world maintaining them top at top 100 companies in the Canadian energy industry.

 

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

Gregory Aziz A Quintessential Visionary Of Strength, Determination, And Success


As the Chairman and Chief Executive Officer of National Steel Car Limited (NSC Ltd.) Gregory James Aziz is reputed to be a man of strong determination, with high ambition, and a progressive leadership style. He began honing the work ethic, management skills and leader characteristics that would pave a path to his current career while working for the family business.

 

Upon earning a degree in Economics from Western University in London, Ontario, Canada Greg Aziz began working at his family’s wholesale food business, Affiliated Foods. He spent nearly a decade learning all the idiosyncrasies of wholesale. While there he developed a desire to broaden his horizons beyond the wholesale food industry. He decided to take advantage of several opportunities availed him to pursue his aspirations as an investment banker in New York City. The vast amounts of expertise gained over the course of his tenure emboldened him to test his mettle as an investment banker with the purchase acquisition of the Dofasco subsidiary National Steel Car Limited in 1994. In times past NSC Ltd. was a leader in the railcar industry but had been in a state of decline since 1990. The purchase was a risky one, but Aziz saw the potential and possessed the means to restore it to its former glory.

Greg James Aziz envisioned a transformation for National Steel Car that would build on the company’s 100-year-old foundation of engineering capabilities and team building. Aziz’s revitalization plan included an infusion of innovative technology and processes, extensive human and capital investments, along with product diversification to increase its’ competitiveness in the market. By the year 2000, National Steel Car Ltd. began to reap the benefits of these changes.

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Under the leadership of James Aziz, National Steel Car more than tripled its production capacity from 3,500 to 12,000 railcars, simultaneously increased its employee base from 600 to 5,000 people, and regained its market competitiveness. Today, National Steel Car Limited is a North American freight car engineering and manufacturing giant. It is a thriving competitive global exporter of a wide array of freight cars and services. Read More On This Page.

Gregory J Aziz is also committed to giving back to the community of Hamilton, Ontario. Both personally and as a corporate leader, he contributes to numerous charity organizations and local enrichment programs, in addition to conducting annual corporate food drives. Greg Aziz reflects true character and leadership as a CEO and community member.

Reforms That Led To Creation Of Obsidian Energy


Obsidian Energy Ltd is an energy company that specializes in petroleum products, oil, and gas. The term “obsidian” tells of its willingness to grow and transform with the changes in the fast-paced industry. With its high-quality assets and an entrepreneurial spirit, OBE promises investors a value for their money. However, it enters the market not as a new company but as a reformed Penn West Petroleum Limited.

Reason for Reforms

Formerly as Penn west Petroleum Limited, Obsidian Energy was one of the largest mid-size enterprises in the petroleum sector. It produced over 135,000 barrels per day, employed more than 1400 people, and had nearly 180 million shareholders. For the past four years, however, accounting scandals and high debt levels almost led to the company’s closure.

Surviving a crisis

In 2014, the firm’s debt was $3 billion. Through assets sales, Obsidian Energy reduced the debt by nearly 90% to only $384, million. In 2016, the firm settled the accounting scandals that had led to costly investors lawsuits. As a permanent solution to its woes, the shareholders decided on an entire overhaul in the organization’s leadership and operations. Get More Info Here.

Targeted Reforms

From the beginning of 2017, Obsidian has undergone several target-specific changes. The production level was cut down to 30,000 barrels per day. As a result, the number of employees was reduced to only 300. Even more, it narrowed its focus from 30 production areas to just four.

Shareholders take a stand

For a complete transformation, the management of Penn West Petroleum put together a 6-point resolutions proposal. The six resolutions were geared towards avoiding the previous crisis and most importantly, redesigning the company’s course of action. On the 26th of June 2017, the shareholders took their stand on the proposed changes. Over 92% voted in favor of each resolution.

Change of Name

Changing the company’s name from Penn West to Obsidian Energy was the fifth resolution on the proposal. Just as Obsidian, the firm was taking a dynamic entrepreneurial approach in its organization and operations. Other decisions included the appointment of Ernst & Young as the firm’s financial editor and election of 8 new directors.

Gregory Aziz, CEO and President of Railcar Company; National Steel Car


Gregory Aziz, otherwise known as Greg Aziz is the CEO of National Steel Car. He was born up, raised and grew up in London, Ontario. He went to College and University in Ridley College and the University of Western Ontario respectively.

 

Gregory J Aziz graduated from the university at an early age. He joined his family’s company, Affiliated Foods in 1971 with the hope of not only gaining experience with both working with and running a company; but also putting his expertise in Economics to field practice. Affiliated Foods has for over 16 years been the leading importer of fresh foods.

 

portrait He, later on, sought opportunities at banking institutions in New York between the 1980s and 1990s. There, Gregory Aziz got to practice more of his career, and he also accumulated wealth. The dream of owning a company grew in him, and he also sought to see it to fulfillment.

 

In 1994, James Aziz purchased National Steel Car from Dofasco. He aimed to transform the company and make it grow and thus extend its bounds and services to the rest of North America.

 

1The challenge that he initially faced when running NSC was the meager workforce. But Greg James Aziz fixed this by increasing the number of employment rate per year to 3,000 from the initial 600. This led to an increased labor force, and thus the production rate increased tremendously. By 1999, the company was already manufacturing nothing less than 12,000 cars annually.

 

These changes did not miss recognition as National Steel Car was mentioned as the winner of TTX SECO annual award, in 1996. It continued to win the award, year after year with consistency. National Steel Car was also named the only railroad freight car manufacturing and engineering company to net the ISO Certification. It has also won this certification, year after year with recertification. Find More Information Here.

 

Gregory James Aziz had a dream to own a company, and he did. He then had a mission to transform the company and make it a North American giant, something he also achieved. Here is one of the greatest leaders, as running companies is concerned. Greg Aziz has managed National Steel Car with professionalism and expertise.

 

National Steel Car has for many years been of service to not only the Hamilton community but also Canada. The company funds various charities and holds Christmas parties yearly for its employees. Greg and his wife, Irene also support the community by providing funds for different activities.

 

Turn Into A Unicorn With The Latest Product From Lime Crime


When it comes to bright, bold, and edgy makeup products Lime Crime has you covered! That’s because they are all about variety. The cosmetic company features numerous products from eyeliner to lipstick and everything in-between. They also specialize in colors. If you can think of a color, chances are that you can find it in makeup form through the company. Their belief is that makeup is an art form. They also believe in keeping customers happy. That’s why they’re constantly coming out with new products.

The company has recently added four more shades to its Unicorn Hair Collection! Now that fall is here, going dark is all the rage. This cosmetic company wants to make sure that everyone can enjoy that trend, no matter what their hair color is. These new shades are meant for those who have darker colored hairs. They include a deep maroon, a spooky purple, a dusty gray, and a mermaid’s tail green. Lime Crime is all about making people feel magical and this surely helps! All of these shades are 100% vegan and cruelty-free!

The semi-permanent hair dye is meant to last longer and fade gracefully! The color is rich and will condition your hair while creating a vibrant color. You don’t have to worry about any damages when using Unicorn Hair Dye because the formula is safe.

So, have a little fun and express yourself! Life is too short to fit in. That’s why Doe Deere created a company with cosmetics that help you stand out. These latest colors are just one of the many ways that allow folks to express themselves by transforming into magical unicorns. Afterall, the founder herself is known as the Queen of Unicorns. Doe Deere has been known to rock bright colored hair, lips, and eyes! Therefore, you can draw inspiration from her and mix and match some of the great colors that LimeCrime has to offer. This helps you pull off a unique yet unified look! The best part about this company is that there are no rules when it comes to mixing different products together to try.

Find out more about Lime Crime: https://www.love-makeup.co.uk/lime-crime-m-13.html

Jeff Yastine Journey to Becoming a Financial Reporting Expert


     Jeff Yastine is the editor of Total Wealth Insider. He graduated in 1986 from the University of Florida with a Bachelor of Arts, Telecommunication specializing in Electronic Journalism. He began his career as a Senior correspondent in Nightly Business Report (PBS). His primary role in PBS was to find stories on business finance and the economic trends and write those stories from the perspective of the investors and business owners. During his stint at PBS Jeff has some highlights which include national business Emmy award nomination for a piece he did on public work infrastructure. He also reported on Cuba flirtation with private companies and his travel along gulf coast reporting on BP oil spill and its impact. Jeff also did an article in mid-2000’s on the real estate crisis warning potential investors on the unsustainable rise of the 2000 bubble. He reported on the financial impacts hurricane Katrina that occurred in 2005.

In 2011 Jeff moved to Oxford LLC and took the position of an editor where he was responsible for making sure of development of the editorial department. He was also in charge of seminars and marketing projects. Jeff then moved to Newsman Media Inc and became director of Financial Newsletters where he ensured premium reporting on financial matters.

Jeff then Moved to Banyan Hill publishing as the editorial director. The company looks for investment opportunities, deal with asset protection and wealth preservation to help American make sound financial decisions. The company name means growing outward and sends aerial roots towards the ground and later sprout, something the team of experts ensures they achieve. The company ensures that their clientele grows and establish their finances in the same way. The company gives support to the clients until they develop their investments through the company experts who have vast knowledge on technical analysis.

As an editorial director, he helps investors understand, economic and monetary trend and directing them towards profit-making opportunities. He has over the years done research and learned how the successful financiers make their money. He has played significant roles in company turnarounds. Jeff has received several awards, and in 2002 he was part of a journalist team that got an award from the New York state of certified public Accountants as result of excellence in financial reporting. Jeff has mastered financial reporting,and his contribution is recognized far and wide.

Matt Badiali a Natural Resource Expert and an Investment Advisor


     Matt Badiali is mining, energy and agricultural expert who has over twenty years worth of experience in natural resources. Badiali has served in the oil and mining industry for quite a long time with the aim of making profitable investments in natural resources. The work that Badiali is involved in requires a lot of research, and as a result, Badiali has widely traveled to different parts of the world seeking for knowledge in matters natural resources. Some of the countries that he has been to include, Singapore, Iraq, Hong Kong and the Mexican desert among others. All the places he has visited are richly endowed with mineral resources.

Badiali is a hands-on manager, and in light of this he likes being on the ground meeting with other CEOs from the industry, investors and precious metal experts instead of sitting in his office. In addition, Badiali always wants to be updated with the latest technologies, discoveries, and trends in the industry. Badiali while on his ground tour has met and shares stage with iconic figures in the industry such as T. Boone Pickens the legendary oilman and Ross Beaty, the chairman of Pan American Silver among others. He has learned a lot about the industry from these people.

Badiali Besides being a natural resource enthusiast has also taught geology in some of the top universities such as the Duke University and the University of North Carolina. Badiali has also conducted geological researches and has presented the findings at Major geological conferences including world-renowned companies such as Anadarko and Exxon Mobil.

Besides all those accomplishments, one thing that Badiali is most passionate about and finds it fulfilling is providing investment advisory to his readers. Badiali has spent a better part of his life that is close to 11 years writing and researching on great investments in the natural resource sector. Badiali has written a lot of articles and publications on investment in natural resource. He is at a vantage point in offering investment advice to investors in the industry owing to his vast experience as a geologist and a financial analyst.

Matt Badiali is currently a senior editor at Banyan Hill Publishing. Before joining Banyan, Badiali served as a geologist for a mining company and was also a consultant to an environmental company.

Badiali attended Penn State University where he pursued a Bachelors of Science Degree in Earth Sciences. Badiali also holds a Masters in Geology which he acquired from Florida Atlantic University.

Dr. David Samadi’s Upcoming Show to Play a Crucial Role in Breast Cancer Awareness


October has become known as the month of Breast Cancer Awareness (BCAM). Major breast cancer charities organize an international health campaign aimed at, among other things, increasing awareness about breast cancer. This year’s campaign gets a boost in form of a show hosted by Dr. David Samadi, Sunday Housecall LIVESTREAM. In a show to be broadcast on October 15, Dr. Samadi will interview Dr. CynaraCoomer. The latter is the Chief of Breast Surgery and Director of the Comprehensive Breast Center at Northwell Health Staten Island University Hospital.

Dr. Cynara has dedicated her honorable career to helping women attain quality life by diagnosing and treating various tumors of the breast such as benign and malignant tumors. She is also passionate about creating awareness of breast cancer as it reduces the stigma associated with the condition as well as early detection which increases the chances of surviving the disease. Dr. Cynara’s lobbying resulted in the establishment of the first Comprehensive Breast Center on Staten Island. Once a colleague of Dr. Samadi at Lennox Hill Hospital, Dr. Cynara is at the forefront of fighting breast cancer, and Dr. Samadi describes her as an “esteemed former colleague.”

Although this Sunday’s show will be all about breast cancer, Dr. Samadi’s other shows will focus on different medical conditions afflicting both men and women as well as emerging trends in medical world. Dr. Samadi’s shows will be live every Sunday starting at 12:30 PM EDT. Interested viewers can stream the live show on Samaditv.com. Viewers are privileged to either call in or email their questions, strictly on health and wellness, which Dr. Samadi and his guest (s) will answer either during the live show or after the show.

Dr. Samadi’s current show is a culmination of other shows he has hosted. Between 2011 and 2016, he hosted “Sunday Housecall” on Fox News Channel. Beginning in March 2015, he started a radio program, “World Health News,’’ broadcast on New York City’s am970. Dr. Samadi has published numerous medical papers, articles, and journals and his blog and website, davidsamadibio.com, are overflowing with crucial medical information.

A graduate of Stony Brook University, Dr. Samadi went on to attend other universities in the U.S and other countries with interest in specializing in the diagnosis and treatment of prostate cancer. As an expert in urologic diseases, Dr. Samadi stresses the use of minimally invasive treatments procedures of treating prostate cancer. He emigrated to the US from Iran in 1979.

For details: www.youtube.com/user/RoboticOncology

The partnership of U.S. Money Reserve with Austin Disaster Relief Network in aiding the Hurricane Harvey survivors


It is worth acknowledging the recent announcement of U.S. Money reserve in line with partnering Austin Disaster Relief Network (ADRN). The latter refers to an institution that is non-profit making, and its service is alongside relieving the survivors from the severe effects of the Hurricane Harvey.

There exists a couple of services offered by ADRN. The ones that U.S. Money Reserve finds interesting include their immediate assistance regarding finance, their care both spiritually and emotionally as well as the emergency related to housing transportation.

At the moment, U.S. Reserve coordinates a relief fund through which all the donations received moves directly to ADRN. They are meant to address the immediate and emergent requirements of the survivors. To intensify donations and raise funds present to gather for emergency reliefs, the Reserve intends to match the contributions of YouCaring, done in favor of ADRN’s relief fund of Hurricane Harvey, to as high as $100,000. The plan is that the donation funding progresses throughout September.

In the view of the Reserve, the catastrophic storm affected a coverage quite close to its home. It is because it affected the entire Texas Gulf Coast area thus affecting some of the employees and other customers of the U.S. Money Reserve. Austin, Texas is the coverage in which the firm’s headquarters is based. Additionally, the other offices of the Reserve are present at Lumberton and Beaumont. Read more: US Money Reserve | Facebook

It is remarkable that the Houston society became of great help to the firm at its early phases of development. The decision of the company to partner with ADRN, therefore, serves as an avenue of giving back to the Houston society. The facilitation of its process can be done through making donations whenever convenient.

The founding of the U.S. Reserve happened in 2001. It is from then onwards that it has undergone an enormous growth into being among the global leaders in the distribution of the legal-tender items. Such include gold, platinum, and silver. The products are issued by both the government as well as the foreign government.

 

At the time of establishment, the objective was to give direction to customers on ways of making purchases of physical metals that are precious. With service provision duration exceeding fifteen years, about four-hundred thousand clients are contented and already trusts them.

The benefits by such clienteles are as a result of the outstanding experience possessed by its staff concerning numismatics, coin research, as well as getting the best products within the available market.

Learn more about US Money Reserve:

http://finance.yahoo.com/news/u-money-ceo-angie-koch-121500601.html
http://www.prnewswire.com/news-releases/us-money-reserve-encourages-visitors-to-explore-its-new-website-and-e-commerce-coin-catalogue-300225181.html

Meet The Math Genius, Michael Lacey


Michael Lacey is an award-winning mathematician. He is a senior professor attached to the Georgia Institute of Technology’s School of Mathematics. He graduated from the University of Texas at Austin in 1981. He then completed his PhD. at the University of Illinois-Urbana Champaign in 1987. He has a strong focus on particular fields such as probability theory and harmonic analysis.

He has worked as an assistant professor at the Louisiana State University where he served from 1987 and Indiana University in the same capacity from 1989. He also worked at the University of North Carolina as an assistant professor. He started working at the Georgia Institute of Technology in 1996 as an associate professor rising to the full professor position in 2001.

He worked closely with his project lead, Walter Philipp, to unravel the central limit theorem. He conducted his fellowship at the National Science Foundation between 1989 and 1996. He continues to mentor and support numerous students under the foundation’s programs.

Michael Lacey has won numerous industry awards for his commitment to research and groundbreaking discoveries. This includes the Salem Prize in 1996, which is partly funded by Princeton University. Together with Christoph Thiele, they found the solution to the bilinear Hilbert transform theory. Learn more about Michael Lacey: https://mathalliance.org/mentor/michael-lacey/

He was also acknowledged with a Guggenheim Fellowship in 2004 and became a fellow of the American Mathematical Society in 2013. In the same year, he received the Simons Foundation Fellow award. In like manner, he was honored by the Fulbright Fellowship as well as Georgia Tech in 2008. He has won institutional funding and grants from the Australian Research Council and the Simons Foundation as well as multiple individual grants. Read more: Michael Lacey | Wikipedia

He has previously held various teaching positions. He served as a professor at the Wallenberg International Fellows program, which is a collaboration between Georgetown University and the Stockholm School of Economics. Michael Lacey is also associated with Helsinki University as a visiting professor, the Centre for Advanced Study in Norway as well as the University of Minnesota.

Other stints include a position at the University of Crete in 2006, a visiting professor position at the University of British Columbia in 2005 and a research position at the Schrodinger Institute in Austria.

Michael Lacey has been involved in writing over a hundred mathematical publications. Some of the titles include Commutators in the Two-Weight Setting, with Irina Holmes and Bret Wick. He also wrote Random Tessellations, Restricted Isometric Embeddings, and One Bit Sensing co-authored with Dmitriy Bilyk in 2015. In the same year, he also wrote A Discrete Quadratic Carleson Theorem with Ben Krause.