Category Archives: Business



Obsidian Energy Ltd is a medium-sized oil and gas producing company in Calgary Alberta along the sedimentary basin of western Canada. The company was earlier the Penn west exploration, Penn west energy Trust, and Penn West petroleum until June 26th, 2017. It was among the sixty largest companies on the stock exchange of Toronto and became a Canadian Royalty Trust from 2005 to 2011 attaining its market capitalization of US $9.5 billion approximately. The core sources of production zones comprise the Alberta Viking, Peace River oil sands, and the Pembina Cardium.

Changing the name to Obsidian Energy was approved by the stakeholders of Penn West. The CEO, Dave French, revealed that the reason behind choosing the name was because obsidian was a volcanic gas, naturally occurring and could be easily ‘sharpened and honed.’ For belonging to Canadian royalty trusts, the company’s dividends were not taxed at a consistent dividend rate and as a return on its capital but not on investments hence an advantage even to the United States. The government ultimately collapsed obliging the trusts to pay similar taxes as the corporations. The dividends were in the long run cut since all trusts converted to businesses. The currently obsidian in January 2011 switched to a conventional company from the Canadian royalty trusts.


The Obsidian Energy Ltd has a balanced holding of quality assets that produce roughly 30000 boes daily. The organization and its assets promote an entrepreneurial spirit needed in the business industry for exceptional entrepreneurial outcomes. The company carries out its mandate with passion, discipline and full accountability to its partners, stakeholders and the community around it. All this has been a positive turn around by the company and as result, the company is now enjoying a great period of success.


Obsidian Energy Ltd, through its community matters program, aims at positively impacting the communities in which it lives and functions. It carries out its daily operations responsibly, respectfully and openly interacting with its area residents in addressing their concerns, mitigating oil and gas operational impacts with a goal of minimizing the effects on the environment through their environmental programs.


Get Additional Information On This Page.


More on:


Obsidian Energy, Incorporating High Tech Operations In Oil And Gas Production

Obsidian Energy, Incorporating High Tech Operations In Oil And Gas Production

The Chief Executive Officer of Obsidian Energy, David French, made his remarks concerning the change of the company’s name and their next move. The renaming was the final wrap-up to the transformations that had been put into place. David insists on upholding the company’s major principles which include relentless pursuit of innovation and progress, disciplined commercial and technical decision making in protecting enterprise value, and lastly accountability and transparency in their operations. Obsidian Energy has a favorable position and prudent hedging strategies and plans to utilize its valuable assets.


The resolutions put in place have been approved by their esteemed shareholders. Obsidian Energy has its location in Alberta where it harbors both oil and gas fields. The fields are suitably situated along the Western Canadian Sedimentary Basin which prides in being the world’s biggest petroleum reserves. Major production takes place in three major points which include the Pembina Cardium, the Alberta Viking, and the Peace River oil sands. The company is an intermediate size and has a well-balanced portfolio of high valued assets.


Utilizing these available resources with the organization’s high-tech equipment offers a sufficient platform for them to deliver outstanding results. The organization is based on an entrepreneurial spirit which has played a major role in boosting their success in the evolving industry. Discipline, relentless hard work, and passion are values that all personnel at Obsidian Energy are subjected to in order to meet the demands of their partners, shareholders, and the communities they serve.


Before the name change, the company was called Penn West Petroleum Ltd. Penn West had to undergo significant reforms and changes that cut across all their business aspects. This drove them to redefine the company and make major decisions on how and where they wanted to direct its growth. With the changes put in place, the company has come out leaner, more capable, and stronger than it ever was. The new path would now be followed by Obsidian Energy, to represent a new beginning.


Obsidian Energy is committed to ensuring that they bring a positive impact not only in the industry but also with the communities they come into contact with. They have environmental programs which seek to be at par with all environmental regulations. This is made possible through resource conservation, stakeholder communication, and proper reclamation practices.


Read This Article to find related information.


Read More:

What You Need To Know About Obsidian Energy

What You Need To Know About Obsidian Energy

Formerly known as the Penn West Exploration Ltd, Obsidian Energy is a medium-sized company that specializes in the production of natural oil and gas, and is located in Calgary, Alberta, Canada. For some time, Obsidian managed to emerge as one of the top sixty largest natural oil and gas producers between 2005 and 2011. In 2008, Obsidian Energy managed to reach the peak of its production by accumulating a total of US$9.5 Billion as its gross profit.


Work Experience


Due to the significant drop in the prices of oil that took place back in 2014, the company faced manacles of financial crisis that actually had a great impact on its performance over a short period of time. The major drop in the oil prices compelled the management to sell some of the company’s assets and even do some restructuring so that it could be able to cover the debts. The above-mentioned process took place within two years following the financial instability that Obsidian Energy underwent.




The obsidian Energy plants are situated in Alberta around the basin known as the Western Sedimentary Basin. This region is also known to be the world’s best and biggest oil reserve as compared to the ones in the Middle East. Alberta receives production from three major areas before being supplied to the market; the three regions include the Pembina Cardium, Alberta Viking, and River Oil Sands. According to reliable sources, the gross 2017 production is eluded to be 31,000 bbl on a daily basis.


Though the company faced a number of challenges that came as a result of a significant drop in the prices of oil in the world, it still managed to survive. It is, therefore, safe to conclude that the management that was regulating the duties undertaken by the company at that point did an amazing job. By carefully allocating the scarce resources that were available at that moment, the company managed to spring back to life and make some more profits that enabled it to expand its operation within the nation.


Read This Page to find additional information.


Read More:

National Steel Car is Now Among the Best Thanks to Gregory Aziz

National Steel Car is Now Among the Best Thanks to Gregory Aziz

For the bulk of his career, Gregory James Aziz has been making things better for companies that he works with. This is something he is good at because he is a business person. He knew what he needed to do to make a difference for people he was helping. He also knew the businesses he worked with needed his help because he has done things the right way for many years. Since he was so good at helping companies, he wanted a chance to do something on his own. He felt the need to own a company, so he would be able to truly make a difference for himself while also bringing an old company back to life.

Like Aziz on Facebook.


The opportunity came when he saw the National Steel Car company starting to go under. This company had been in business for years and provided steel cars to companies around North America. It was something that was a good company and had business in Canada, the United States and Mexico. Because of this, Gregory Aziz wanted to make sure he could actually help it and bring it back to life. The business was Canadian as was he, so he felt it was something he would be able to do. Visit This Web Page for more.


After Greg Aziz purchased the steel car company, he immediately started working on bringing it back to where it needed to be. he wanted to make sure it was a successful company, so he put a lot of effort into it. This is what gave him the chance he needed to be successful in every way possible. He felt it was a part of who he was as a business person now since he owned the company. While working tiring hours and using a lot of his own resources, Gregory Aziz often wondered if the company would pay off for him.

The good news came when Gregory J Aziz saw the company become extremely successful. Not only had it been restored back to what it was, but it was even better than what it had been in the past. He created proprietary measures for producing the cars and even did different things to help make sure he was getting the best opportunities possible. Because of this, National Steel Car has continued to grow and is now one of the best companies in the entire rail industry sector of the North American countries of Canada, the United States and Mexico.


Learn More:

Gregory Aziz’s Entrepreneurial Journey

Gregory Aziz’s Entrepreneurial Journey

Gregory James Aziz was born on April 30, 1949, in London, Ontario. He went to Ridley College then later proceeded to the University of Western Ontario where he studied Economics. Gregory J Aziz is now the current Chairman, President and Chief Executive Officer of National Steel Car, a Hamilton, Ontario based company that manufactures railroad freight cars.


At a young age of 22 years, Greg Aziz joined Affiliated Foods, a family-owned company whose core business was distribution of fresh foods. Greg Aziz helped the company grow to be a leading importer of fresh foods in Europe and the Americas, distributing to major fresh food markets across the United States and Canada. Get More Info Here.


In 1994, Greg Aziz bought National Steel Car Company from Dofasco from proceeds of investment banking opportunities he had taken advantage of in the late 80s and 90s paid off. One of his goals after purchasing the company was to tap into the unexploited market in an effort to make National Steel Car the leading railroad freight car manufacturer in North America.

Within five years of purchase, the company was able to leverage on its strong engineering expertise, team-work, and also through immense human and capital investment to exponentially grow its manufacturing capacity from 3500 cars per year in 1994 to 12000 cars per year in 1999. Within the same period, the National Steel Car was also able to create more than 2000 jobs.

Today, National Steel Car prides itself as the industry leader in new car innovation, with a building capacity of thousands railroad freight cars per year. They attribute this success to their unrelenting quest of designing, engineering, and manufacturing prowess and also their unwavering determination of staying at the top.


As part of its Corporate Social Responsibility programs, National Steel Car has sponsored several events including Theatre Aquarius and the Hamilton Opera. More works supported by National Steel Car include the United Way and the Salvation Army among other local charities. Each end year during Christmas time, several employees, both former and current, together with their families, attend the Company’s Christmas Party where they also participate in major food drives for the local food banks.


Greg and Irene, (his wife) are also sponsors of The Royal Agricultural Winter Fair which happens to be one of Canada’s most popular agricultural fairs that takes place every November in the City of Toronto where they celebrate the best in agriculture, local food, and equestrian competitions from across the country.


How The Oxford Club Can Help You Wade Through The Stock Market

How The Oxford Club Can Help You Wade Through The Stock Market

This week is the 30-year commemoration of money markets crash of 1987. Commemorations by and large mean festivals. In any case, it’s impossible that anybody other than the uncommon short vender went after the great champagne this week – or relishes an especially affectionate memories. On that Monday, it was hard to believe that anyone would realize what would happen. The market midpoints gapped down at the opening chime. Many stocks didn’t open at all for a few minutes, as authorities on the floor attempted to coordinate purchasers with the tidal wave of offer requests. There are specialized analyst tools that can investigate the volume and cost action within the trading system.

While the market is now at its highs – you accentuate quality, you resource dispense legitimately, you differentiate comprehensively, you utilize trailing stops and you hold a decent slug of money. That money doesn’t simply decrease your drawback chance.

The Oxford Club has now won the title of the best in business for the second time by the Wall Street Journal. For the past several years, only 12 services have performed better than the average financial advisor when it came to the ups and downs of the market. The Oxford Club stays at the top of those rankings by focusing on small cap stocks that are on the risky end. Mix that with investments with less risk and you have Oxford CLubs’s proven successful strategy. The Oxford club only employs that most talented experts in the financial sector. Each one has their own strategies and tactics to help you succeed. Even the most seasoned investors require the help and expertise of the Oxford Club. Their goal is to help you and your business pay down debt, increase sales, grow market share, compound earnings regardless of where the economy is at today.

Apply for The Oxford Club jobs on Indeed

Gregory James Aziz, The Figure Behind The Success Of National Steel Car

Gregory James Aziz, The Figure Behind The Success Of National Steel Car

The successful businessman was born on April 30, 1949, in London a town called Ontario. Gregory James Aziz attended school at Ridley College before majoring in economics at the University of Western Ontario. In 1971, Greg Aziz took the leadership of their family-owned food business. Under his leadership, the company turned to be one of the world’s leading importer of fresh foodstuffs not only from South and Central America but also in Eastern Canada. In the 1980s and 1990s, he ventured into banking business and worked on investment opportunities. In 1994, Greg Aziz successfully bought the National Steel Car, a company that was then owned by Dofasco. His primary objective when purchasing the North American company was to see it grow into the top most Railroad Freight Car engineering and manufacturing company in the region.



Currently, Gregory J Aziz serves as the Chief Executive Officer at National Steel Cars Industries, Inc. He is Chairman, President, and chief executive officer of National Steel Cars companies which is located in Hamilton Ontario. The National Steel Car was founded in the year 1912 by quite a few investors led by Sir John Morison Gibson. The company was initially known as Imperial Steel Car and later changed its name before the end of the year.



National steel car prides in being the only company in North America dealing with railroad freight car manufacturing and engineering. The company is the only of its kind in North America that is ISO 9001:2008 certified. The firm has received the TTX SECO highest quality award for over 20 years. James Aziz has made it possible for the company to stay at the top by meeting the priorities of clients, building a firm relationship with suppliers and highlighting the services of employees who take pride in the manufacturing of the best railcars in the world. Since 1999, the company has been able to increase its manufacturing capability to 12,000 cars per year. This is a significant expansion from the production of 3,500 per year at the time of purchase. Over the same period, employment grew from approximately 600 to almost 3,000. See More Info Here.



James Aziz and his wife are the ones sponsoring the royal agriculture winter fair which is Canada’s most famous agricultural fair. His company also is dedicated to the Hamilton community and is sponsoring local charities such as the Theatre Aquarius, the unity way, the Salvation Army and the Hamilton opera among others.

View Source:

Greg Aziz, The Man Behind The Success Of National Steel Car Company

Greg Aziz, The Man Behind The Success Of National Steel Car Company

Greg Aziz is the CEO, President, and Chairman of National Steel Car. The company is located in Hamilton Ontario and is one of the world’s leading manufacturers of railroad freight car engineering. Gregory James Aziz has been working with the company since 1994 to date. Born on April 30, 1949, in Ontario London, Greg James Aziz studied at Ridley College and later joined Western University Ontario where he studied economics. In 1971, Greg Aziz joined his family in the whole food business and helped the company for over 16 years where it became the distributor of major wholesale markets across Eastern Canada and the United States. The company also imported fresh foods from South America and Europe. The input of Greg Aziz in the operations of the food company contributed greatly its mission to dominate the Canadian food industry. the mission finally came after a few years of Greg input into the business.

James Aziz has steered the National Steel Car to become a leader in new car innovation through his prowess in engineering and manufacturing. The company is the only North America’s railroad freight car manufacturing and engineering certified ISO 9001:2008 thanks to the relentless efforts of Greg James Aziz. The Company has held the honor for the last 18 years. National Steel Car Company was honored with the TTX SECO award. It’s the highest quality award since 1996.All these achievements have been achieved through the leadership of James Aziz as the president and CEO of the company.

Greg Aziz had previously worked in New York in the late 1980s and early 1990s in banking and 1994 he was organized and succeeded in the purchase of the National Steel Car from Dofasco. Through considerable human and capital investment, National Steel Car Company expanded its manufacturing capability to 12,000 cars from 3,500 cars annually by 1994. Gregory J Aziz has helped the company to become the North America’s to railroad freight car manufacturer. He has done this through the National Steel Car’s engineering capabilities and team building. The National Steel Car has sponsored Theatre Aquarius, Salvation Army, the United Way, Hamilton Opera to mention just but a few local charities. The company hosts all its employees in the National Steel Car Christmas parties where they participate in local food banks’ major food drives. Mr. and Mrs. Greg Aziz is the Canada’s most famous agricultural show better known as Royal Agricultural Winter Fair. Read This Page to learn more.

How the Lacey And Larkin Frontera Fund Is Changing the World for The Better

How the Lacey And Larkin Frontera Fund Is Changing the World for The Better

With the rise of police brutality in the world and America in particular, the Lacey and Larkin Frontera Fund couldn’t have come at a better time. The fund, which was acquired after Jim Larkin and Michael Lacey got a settlement of 3.75 million after winning a case against Sheriff Joe Arpaio.

The case was won after it was established beyond reasonable doubt that the two plaintiffs were mistreated while in police custody.

Their arrest, which happened October 18, 2007, by the sheriff mentioned above from Maricopa County, involved the two journalists being dragged from their homes in the dead of the night because of the documents they allegedly possessed about the sheriff.

These reports were about the grand jury proceedings that needed the reporter’s notes which were in possession of the two reporters. Learn more about Michael Lacey and Jim Larkin:

As a result of that, the pair decided to take that opportunity to help those who are in need by using the settlement money and starting the Lacey and Larkin Frontera Fund.

The fund is meant to support nonprofit organizations dealing with migrant rights organizations all over Arizona. And so far, they have managed to help out a lot of people who have had the misfortune of being mishandled by the police.

The fund has also gone a long way also helping a lot of people who have suffered the misfortune of racial profiling especially from those who are in places of power, especially those in the law enforcement. Read more: Michael Lacey | LinkedIn and Michael Lacey | Twitter

If in need of their help, Lacey And Larkin Frontera Fund has got their offices in Phoenix that you can visit. You can also send them a letter through PO Box 20213 or even better, and you can visit their official website and read all of the necessary articles that can help enlighten interested parties on what the organization is all about.

Apart from racial profiling and mistreatment, the Lacey and Larkin Frontera Fund has also supported freedom of speech thorough Arizona especially the Mexican border. There is a lot of racial profiling at the “la linea Fronteza” or the Mexican border, and that is why the nonprofit organization is active there.

Apart from spending the rest of their time defending the rights of the minorities, the two philanthropic journalists also keep on enlightening the public about their civil rights. That way, the public can always be in a position to know when people in authority are violating their right as well as the right course of actions to take.

People, especially the minorities in the united states of America aren’t acutely aware of their first amendment rights, and they always end up accepting mistreatment which shouldn’t be the case. Upon visiting their official website, you can access all of the files including the Arpaio archives. Read more; Phoenix New Times | Wikipedia

So, if at all anyone feels the urge to check out all of their articles, all that they need to do was to check out the archives and get whatever they want which is an amazing feeling altogether.

Gregory Aziz Has Contributed A Lot To The Motor Industry

Gregory Aziz Has Contributed A Lot To The Motor Industry

There are various significant achievements of Greg Aziz over the past years. He is responsible for high success in the sector of automobiles. He is currently serving as the chief administrative officer of National Steel Car. Greg James Aziz is a highly experienced entrepreneur.

James Aziz was born in Ontario, London. His Bachelor’s degree in Economics is from the Western Ontario University. He began his career with the food business of his family. He helped it to grow. He was able to revolutionize it and turn it into a prestigious company. It was able to increase its customer base and spread all across the United States and Europe.

Then he moved into the banking sector and earned a lot of experience in this. It helped him to become successful later on in life. He acquired and established the National Steel Car Company to become a leading motor industry. This was achieved through his passion for succeeding. He has excellent leadership skills and knowledge of entrepreneurship. This is why he has succeeded immensely in all his ventures. The same has been portrayed in the National Steel car company as it has brought in huge revenues over recent years.

Greg Aziz is a hardworking person. He believes that any individual who is determined to achieve a particular goal must put in complete effort in order to accomplish it. In fact, they should aim to achieve more than what they intended. Greg Aziz is a prolific entrepreneur. He always encourages his team members to be persistent. He wants them to do all that they can in order to see National Steel Car grow bigger and better.


This is a company that has provided job opportunities to many individuals due to its growth. This company has employed more than three thousand employees over these years. This enterprise is still looking forward towards hiring more team members. This is because it is hoping that its level of production will continue to rise in order to keep pace with the changing times. Get More Information Here.


Gregory James Aziz knows that taking risks is an integral part of his business activities. It forms the base of success for any entrepreneur. It helps to improve the ability of a person to bring innovative ideas to life. Besides, it enhances their determination to work together and positively impact the growth of the company through hard work and innovation.

Like Aziz on Facebook.

See More on: