Obsidian Energy: Smaller, Faster, More Competitive

Obsidian Energy, in 2017 producing approximately 31,000 barrels of oil (BOE) per day, is an Alberta Canada Oil Company which is considered a mid-size petroleum company. Obsidian Energy produces a fraction of Canada’s 3.2 million barrels per day.

 

Alberta occupies an area of 250,000 sq. miles and is located in the western province of Canada. According to the 2016 census, Alberta has an approximate population of 4,067,175, being the fourth largest of Canada’s provinces.

 

In June of 2017, the Penn West Petroleum downsized and sold off part of its assets, having already cut the number of its employees by more than fifty percent. Penn West’s shareholders changed its name to Obsidian Energy to become profitable by reducing its costs to reflect the ongoing prices of oil and gas because in 2014 the Canadian price of crude oil dramatically fell.

 

As a result, the oil production of 135,000 BOE was reduced to 31,000 BOE per day. These changes were necessary, smart and gave Penn West’s shareholder’s time to reorganize and resurge as Obsidian Energy.

 

Obsidian’s oil and gas fields are adjacent to the Western Canadian Sedimentary Basin. This basis is the source of the globe’ s significant petroleum reserves, which are located in Alberta’s Peace River oil sands, the Alberta Viking, and the Pembina Cardium.

 

Obsidian Energy and China Investment Corporation of a joint venture named the Peace River Operated Partnership. This joint venture enjoys proper positioning and controls of a significant portion of the crude oil resource that is capable of cold-flow production.

 

David L. French is the President and CEO of Obsidian Energy. He formerly was employed as the President and CEO of Bankers Petroleum Ltd. which is located in Calgary which also operated in Southeastern Europe. Rice University granted French graduated from Harvard Business School and earned an MBA and a mechanical engineering B.A. from Rice University.

 

French has announced a resurgence in Obsidian’s financial health as viewed by an increase of drilling in the third quarter of 2017 and is confident that this economic improvement will continue into 2018.

 

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

Robert Thikoll’s Road To Success

While Robert Thikoll is incredibly excited about technological advancements, he firmly believes that interactions and relationships with human beings are what determines how successful an individual will be. Thikoll currently serves as Vice President of Operational Excellence at Ingersoll Rand, a company that focuses on improving quality of life. Ingersoll Rand is the parent company of several popular brands including Trane®, Club Car®, Ingersoll Rand® and Thermo King®.

Robert Thikoll’s role at Ingersoll Rand involves furthering growth and development, implementing lean initiatives and working alongside the company’s senior leaders to promote higher margins. This requires Thikoll to have strong communication skills, the ability to work with others, excellent time management skills and leadership abilities.

Mr. Thikoll has an impressive work history that allows him to excel at his vice president position. After graduating from Arizona State University with degrees in both Political Science and Japanese, Thikoll moved to Japan and played an important role at the Aisin Takaoka Company. After eight years in Asia, Thikoll returned to the United States and was employed by Danaher for more than 15 years. He was the proud recipient of numerous accolades for his work in global industries and was eventually promoted to a vice president position.

Robert Thikoll is always on the go. He feels that people are most productive when they’re in touch with their own biorhythm. Since Robert is most productive in the morning he schedules the majority of his meetings early in the day. Then he builds off of that momentum to carry him through the day.

Robert Thikoll is proud to be known as a mentor among his colleagues. If he could go back in time, and mentor his younger self, he would tell himself that his elbows are too sharp. It’s possible to be successful in the business world without being hostile.

AvaTrade Review, Trading With Confidence

AvaTrade is a Contract for difference (CFD) and Forex broker with its headquarters in Dublin, Ireland. The agency was founded in 2006 by several financial specialists namely; Negev Nosatzki, Emanuel Kronitz, and Clal Finance. AvaTrade is presently among the leading forex brokers internationally with offices in New York, Tokyo, Dublin, Mongolia, Shanghai, Sydney, Milan, and Paris. The corporation provides trading services in various markets ranging from stock indices, stocks, currencies, traded funds as well as commodities to bonds.

The firm also offers bitcoin trading services, and clients can trade in more than 250 financial instruments tools. AvaTrade is accredited by the MiFID in the EU and controlled by the Central Bank of Ireland, FSC (Financial Services Commission) in Japan, British Virgin Islands Services Commission and Australian Securities & Investments Commission in Australia.

AvaTrade operates on two platforms, AvaTrader and MetaTrader. AvaTrader is a topnotch professional platform appropriate for both novice and expert traders. You can use AvaTrader to monitor markets, employ your analysis and also execute CFD and Forex trades on your tablet, laptop, smartphone, and desktop among other computing gadgets. AvaTrader has indicators and custom tools that assist in complex research, evaluation, and analysis. Automated trading can also be done using preset specifications.

AvaTrade also provides MetaTrader 4, a common trading platform that supports trading in Forex, commodities, and indices. The platform provides low spreads and reliable implementation. MetaTrader 4 is dominant and flexible. It is possible to open all types of lot sizes and enjoy free automatic trading.

Whether you have just started or you are an experienced trader in the forex market, you require AvaTrade software to help you boost your earning capability. Moreover, this software will also guide you through transactions, trades and also enlighten you on when to buy or hold back to give you high returns in the forex market. To secure good earnings, AvaTrade will assist you to realize your goals.

As an investor, you desire a platform that’s simple to use, user-friendly and one that directs you easily through the trading process. Once you embrace AvaTrade, all this will come as a package. If you are a novice, a beginner or experienced in the forex market and you want to get more understanding, AvaTrade will take you through the provisional phases.

The Oxford Club Offers Investing Advice to More than 157,000 Members

Ask Reporter recently published Rob McKinsey’s article “Investing and Trading Advice from The Oxford Club” which focuses on The Oxford Club’s newsletter offerings and trading services which are being used by more than 157,000 members in more than 131 countries.

The Oxford Club offers twelve different trading services based on the needs of the subscribers created by the different experts. For example, Alexander Green, a New York Times best-selling author and Chief Investment Strategist leads, the Insider Alert, the Momentum Alert, and the True Value Alert.

The Insider Alert provides information to investors who are looking for an insider’s view on the developments of corporations, particularly how they grow legally and safely. The Insider Alert provides the information on investment opportunities of growing companies.

The Momentum Alert is where Mr. Green focuses on using more than 107 years of historical information and data to seek out companies that are outperforming competitors. They also look at quick-moving stocks.

The True Value Alert reveals in-depth information on companies that are being traded for less than their worth, meaning the market hasn’t discovered the true value of the stock yet. Green’s information helps subscribers discover stocks that represent this opportunity.

The Oxford Club also offers three newsletters that are released monthly. The first is led by Alexander Green called The Oxford Communique. The Communique provides information on market trends, trading, and different investment opportunities. The subscription to the newsletter also includes market updates and monthly research reports. There are also updates on the investment portfolio weekly. The newsletter has provided such useful information that it is one of the highly rated newsletters in the industry.

The Oxford income letter is led by Marc Lichtenfeld and Steve McDonald. Lichtenfeld is the Chief Income Strategist and McDonald is the Bond Strategist. Lichtenfeld provides the latest information on creating an incredible income portfolio. McDonald discusses how to do well in the world of bonds. It also comes with updates on four portfolios every week. Lichtenfeld also answers the readers’ questions each week.

The Oxford Club is a global network of more than 157,000 members around the world. They provide investment strategies and principles to help members beat the average stock market and outperform average returns.

The Oxford Club provides information on bonds, options, equities, funds, real estate, and currencies. It was created in 1989 in Baltimore Maryland by William Bonner.

Make Your Kitchen Unique with Siteline Cabinetry

Cabinetry warehouses are fairly common, but it’s not easy to find something in one that will make your kitchen unique to your tastes and style. Siteline Cabinetry doesn’t have warehouses for this very reason. Each order is crafted only after it has been designed to the specifications of the client.

Siteline Cabinetry has almost 300 components and finishes available. Several different metal and woods are available, including aluminum, alder, red oak, cherry, walnut, and many more. While paint appears to be the favorite finish, they offers stains, glazes, wraps, and more. Styles for the doors vary, as well. If desired, storage accessories can be added to help people with small spaces maximize their usage. With all the options, it would be hard to not to be able to create the perfect cabinets for your kitchen.

To help customers get the best results in customization, Siteline Cabinetry decided to exclusively sell through businesses that had the expertise needed to consult the customer throughout the selection process, like designers, remodelers, and construction companies.

Workers receive regular training to make sure that production; which is completely based in the United States, remains high quality and quick. They are equipped with the latest tools to assist in making everything run smoothly. Because of this, the whole process is typically only around 4 to 5 weeks.

Along with the ability to craft your kitchen cabinets to fit your home perfectly, Siteline backs them up by providing a limited lifetime warranty. Any defective pieces will be replaced or fixed.

Siteline Cabinetry, itself, is a fairly new company, but it’s run by a father company that has been around since 1973: the Corsi Group. If you’d like to learn more about the company, read about some of their builders, or view inventory, or contact them, check out their website.

Obsidian Energy: Building a Better Tomorrow, Together

When you think oil and gas, Canada probably isn’t the first thing that comes to mind. But it could be the third. With the third largest petroleum reserves in the world, Canada is a quiet juggernaut of the North American oil economy.

 

And one of the most innovative companies working in that sector must be Obsidian Energy.

 

Obsidian Energy is the reconfigured successor of Penn West Petroleum. Leaner and more focused than ever, Obsidian has streamlined operations under the experienced leadership of industry veteran David French, a recent addition. Mr. French joined the team in October of 2016, leaving a position as President and CEO of Bankers Petroleum.

 

Mr. French is joined at the helm of Obsidian by David Hendry at CFO and Tony Berthelet as vice-president for operations and development.

 

With Canada providing close to 43% of the United States oil imports, the Canadian oil industry remains a rich sector open for continued development. As the oil industry rebounds globally, and as new technologies make oil extraction easier, cleaner, and more sustainable, Obsidian has more than enough room to grow.

 

Under Obsidian’s young and determined leadership the company has launched new and innovative initiatives aimed at acknowledging the historic risks of petroleum production and working in an integrated way with local communities to ensure safe and environmentally friendly methods and standards. Obsidian has dedicated itself to a position of corporate transparency and responsibility.

 

With a sustainable development plan framed by a dedication to pragmatic, practical, and modest growth Obsidian is positioned to climb the industry ladder. With a new corporate culture, Obsidian’s 30,000 barrels a day can’t help but multiply. Visit This Page for additional information about the company.

 

Ultimately, Obsidian is determined to become a new model of middle-sized petroleum company and hopes to set a standard emulated industry wide.

 

And now the former Penn West Petroleum may just have the leadership and confidence necessary to not only meet, but exceed that goal.

 

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

The Life of Gregory Aziz and National Steel Car

Gregory J. Aziz is among the well-recognizable individuals in the business world of North America. He is the chief executive officer, president and the chair of the National Steel Car, which is based in Ontario. The enterprise is one of the worldwide leaders in the engineering and manufacturing for railroad freight cars. Born in 1949, Greg James Aziz studied at Ridley College. Subsequently, he proceeded to the University of Western Ontario where he earned an economics major.

 

James made his career debut in 1971 when he joined Affiliated Foods, a family wholesale food enterprise. Within twenty years, the firm grew to be among the leading importers of fresh foods from South and Central America and Europe. Moreover, the firm’s distribution network grew astoundingly to stretch across the United States and the east of Canada. Later on, Gregory James Aziz proceeded to the investment banking industry in New York where he assumed various leadership roles in several institutions.

 

Through his experience in the finance, economics and business world, Greg Aziz successfully made an acquisition of the National Steel Car from Dofasco in 1994. His prime intention was the restoration of the once great firm to its previous performance status as well as grow the company into a leading railroad freight car manufacturing business across North America. At National Street Car, Gregory Aziz made emphasis on its team building, engineering capacity, human and capital investments, all which are vital in expanding the company.

 

On purchasing National Steel Car, Greg saw the firm’s production capacity rise from a mere 3,500 units to staggering 12,000 freight car units by 1999. In just about the same period, the firm’s workforce grew from 600 to around 3,000 employees. Due to Greg’s pursuit of the company’s engineering and manufacturing excellence, it is currently a leader in production and innovation of thousands of freight car units annually. See More Info Here.

 

Aside from his business interests, James Aziz and his company, National Steel Car commits to the Hamilton community through profound philanthropic activities. In the area, he sponsors the Salvation Army, the Hamilton Opera, the United Way as well as the Theatre Aquarius among other charities. Every year, the National Steel Car conducts a company Christmas party as well as a food drive for Hamilton food banks. Interestingly, current and past employees of the National Steel Car grace the event. His family, in addition, sponsors the Royal Agricultural Winter Fair, which is the largest agricultural fair in Canada. Greg James Aziz’s family is also well known for their love and support for the equestrian sport.

The Success Story of Gregory James Aziz

Greg James Aziz is known in the world of business as one of the most successful and inspirational businessmen. National Steel Car is headed by him, and this company is responsible for the best railroad freight car engineering and manufacturing in North America. Greg is the President, Chairman & CEO of National Steel Car. Greg’s rise as one of the most successful businesspeople in the world is one that is full of inspiration and lessons. To get an idea of how hedid it, how Greg Aziz achieved so many of his goals as an entrepreneur, first we must look back to where he came from.

 

Born in London on April 30, 1949, Greg J Aziz studied at the University of Western Ontario with a major in Economics. Greg Aziz started developing his business mind from his younger years. His first venture to in business is when he joined the wholesale business of his family named Affiliated Foods. Right now, Affiliated Foods is a major food company that distributes its products across the Americas from Europe, but the company wasn’t always such a successful business project. Part of the success of the family business of Aziz came from the participation of Gregory Aziz.

 

Always seeking to grow and expand his knowledge. Greg went to New York in the 80s and found himself in the world of investment banking in the 90s. Proving success in the investment banking field, he was able to purchase National Steel Car in 1994 from Dofasco, and because of his leadership, the company increased its growth from 3,500 cars each year to 12,000 within five years. The number of jobs the company provides also increased from 600 to 3,000.

 

National Steel Car now has more than 100 years of experienced and throughout all those years, they have consistently been honored by awards. Greg’s company has been the top railroad freight car manufacturer in North America for 18 years now. Click Here For More Info.

 

Greg knows that he also owes his success to the people around him and the community he serves, so he and his wife always make sure to give back and help the people with charitable actions and donations. Greg and his wife are known philanthropists and two of the biggest ones around their neighborhood, and are also the sponsors of the Royal Agriculture Winter Fair among many other causes.

 

Right now, Greg Aziz continues to lead National Steel Car and his employees.

Related Article: https://www.behance.net/greg-aziz

Jeremy L. Goldstein’s Fresh Look on Options – The Knockout

Why do companies hesitate to give stock options to employees? There are many issues here. Let’s examine three of them.

 

The first is that the value of the stock may plunge to a level where it will be disadvantageous for employees to exercise their option. The companies and employees are, however, required to report the associated expenses, creating an extra burden.

 

In the opinion of some employees, these options are more like casino tokens than real cash.

 

The staff prefers getting higher salaries rather than these options. The options create an added accounting burden and become a financial disadvantage.

 

These options also have their benefits. It is easier for the staff to understand stock options in comparison to additional salary, equities, etc.

 

One important aspect is that the value of the option is directly related to the success of the company. This, in turn, will encourage employees to put in more effort toward the company’s success.

 

The tax structure favors companies to give out option as opposed to shares.

 

One solution is the give what is known as a “knockout” option. These will be time bound and also lose its value if the share falls by a defined amount. E.g., an employee will receive an option allowing her to buy the stock at $150. If it is the “knockout” kind, it will expire if the value of the share drops below, say, $75.

 

 

Jeremy L. Goldstein is a partner at Jeremy L. Goldstein & Associates. This is a “boutique” law firm with a specialty in advising compensation committees, CEOs, management teams, and corporations regarding matters of compensation and corporate governance.

 

Jeremy Goldstein chairs the Mergers & Acquisition Subcommittee of the Executive Compensation Committee of the American Bar Association Business Section. He is a well-known speaker and writer on his specialty.

 

Jeremy Goldstein is a member of the Professional Advisory Board of his alma mater, NYU’s Journal of Law and Business. He is also active in several charities.

 

Connect with Jeremy Goldstein on LinkedIn.

Securus Technologies Providing Law Enforcement Officers With Advanced Crime Prevention Technology

There are many companies in the correctional industry that are trying to grab the significant market share of this booming industry. However, one of the companies that have been able to make its mark in the industry in a short period is Securus Technologies. The company has made remarkable inventions in the industry that has helped the inmates as well as the law enforcement agencies tremendously.

 

Securus Technologies has a vast product portfolio that makes it easier for the inmates to communicate with their friends and family. Some of the services offered by Securus Technologies involve phone services, video services, money transfer services, kiosks, photo sharing services, jail voicemail, and more. These services are beneficial for the prisoners to stay in contact with their relatives during incarceration. The best part is that the services provided by Securus Technologies come at a price that is often the fraction of what other service providers charge.

 

Securus Technologies does not only provide inmate communication services but also offer crime prevention and investigative technology that is helpful for the law enforcement agencies. The law enforcement agencies need to use the high-end crime prevention technology these days to stay ahead of the criminals and gather evidence to convict the offenders in the court of law. The LBS and Investigation Pro services offered by Securus Technologies have proven to be highly useful to the law enforcement officers.

 

In a recent move, the company published a press release on the internet that mentioned the comments made by the law enforcement officers about how the products and services of Securus Technologies are highly useful and productive for the law enforcement agencies. It helps the law enforcement personnel to gather critical information, which allows them to prevent crime and ensure that the criminals in the society, inside and outside of prison, are kept in check.