Obsidian Energy Ltd Unveils Full-Year Report for 2017 and Operational Update

Obsidian Energy Ltd, a Calgary-based oil and gas production company, has unveiled its full operational report for the year 2017 as well as updates from the company’s four well pad located in Willesden Green. While commenting on the report, Obsidian Energy’s president & CEO David French confirmed that 2017 was a good year for Obsidian Energy. He added that the firm employed a series of strategies that have enabled it to close 2017 on high-momentum.

 

David projected that 2018 will be a great year for his firm. According to the report, Obsidian Energy’s full-year production was above the set guidance range. The company has attributed this to solid execution of its second half program. The report further indicates that the four-well pad located in Willesden Green has shown promising results. Production in the 4th quarter 2017 is reported to be at 31,400boe/d. Despite the continued cold weather in the area, the company’s average corporate production has knocked 32,000boe/d in 2018.

 

Obsidian Energy has indicated that, based on current statistics, it’s going to increase its Cardium production in Willesden Green by more than 30% for January 2018. The report explains that the management accelerated part of 2018 capital allocation to the last quarter of 2017 in order to optimize on schedule and enhance production volumes. In December alone, the company managed to drill a total of five wells. The decision to accelerate the program is projected to enhance operational efficiency, reduce the cost of operation, and save the company about $0.5MM.

 

Obsidian has promised to keep its stockholders updated with the next report scheduled to be released in early match. The company’s shares are listed on the New York Stock Exchange and Toronto Stock Exchange.

 

About Obsidian Energy Ltd

 

Previously known as Penn West Petroleum, Obsidian Energy was established in 1979 and is headquartered in Calgary, Alberta. The company’s key extraction areas are in Alberta, including the Pembina Cardium, Alberta Viking, and the Peace River oil sands. Members of the firm’s board of directors include Edward Kernaghan, Maureen Cormier Jackson, William Friley, and George Brookman.

 

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Obsidian Energy Rebrands

Investors in the energy market have endured a very challenging period. Things have changed so much in this area, and the prices of the commodities have gone down significantly. The companies in this sector have only been reporting loses at the end of the year financial reports. The investors have watched as the value of their stocks went down. Nobody knew that this was going to take place. However, commercial experts say that things are getting better as the market gains momentum. The department is looking forward to better returns in the New Year.

 

Penn West Petroleum Ltd. is considered to be among the top rotated companies in this field. Thanks to the challenges in the energy market, the organization has been having hard times. Despite the numerous profits it used to get several years ago, the company has been going down the drain. The hardships faced by this organization have forced it to make some changes in its activities so that it can attract more investors and at the same time get a new start.

 

According to the president of the large corporation, Penn West will now be referred to as Obsidian Energy. The president of the firm has proposed a change of name in an investor meeting that was attended by all the stakeholders in the institution. This leader says that the new name will make the company investors forget what happened in the past and move ahead. Financial experts, on the other hand, believe that so much should be done so that the company gets a new start. Read This Article for more information.

 

Obsidian Energy was at the apex of its success and was even among the sixty most prominent firms in the Toronto stock Exchange and was also a Canadian Royalty Trust (CANROY).

 

Obsidian, according to David French, the leader of the company, is a naturally occurring glass. The sheen found in this glass resembles crude oil, and it is famed to have some fantastic features. People who have seen the glass praise it for its longevity, dependability, and strength. While serving consumers using the name Obsidian Energy, French and his team are looking forward to having all the characters shown by the obsidian glass. Obsidian has done so much so that it can retain its former glory. First of all, the organization has been forced to clear its debts so that it can start the year debt free.

 

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

Madison Street Capital : M&A Advisor Award Winner For Debt Financing

Madison Street Capital was declared the winner of the prestigious M&A Advisor Award in the 2017 annual gala. Held at the Metropolitan Club, the gala event featured more than five hundred leading industry professionals and was a great success with Madison Street Capital taking the award for the best in debt financing.

 

The Gala was an honorary event that gave acclaim and recognition to leading professionals throughout the industry. It took place in conjunction with the 2017 Advisor Summit which involved more than thirty five different forums and conversations. Industry leaders and professionals from multiple disciplines took part in this and contributed greatly to the exclusive nature of the events that took place. Further announcements included more than 35 leaders who provided discussions and other unique opportunities for networking amongst the participants. Five hundred professionals attended the submit as well.

 

Madison Street Capital was recognized due to their transaction with WLR automotive. They were also highlighted as finalists in several other categories at the gala including as having performed some of the best financial transactions under two hundred and fifty million dollars. Overall there were a lot of benefits that Madison Street Capital showed with their consistent attention to detail and multifaceted approaches. The recognition that they have received indicates a keen attention to detail as well as forward thinking services in multiple areas. Not only is Madison Street Capital the M&A Advisor Award winner but they have provided significant returns for all clients.

 

The Summit features industry, media professionals as well as academic leaders from multiple industries. Additionally, a series of winners were selected for other awards including the Leadership Award and the Tom Farrell Memorial Award.

 

Madison Street Capital provides multidimensional financial services including investments and excellence in product management for multiple sectors. leadership and services involving corporations as well as mergers and acquisitions have contributed greatly to the firms progress. Opinions relating to financial valuation and the prospects of public and private organizational success have contributed greatly to this company’s success.

 

Multiple prominent clients and their attention to detail in service have lead to Madison Street Capital reputation being improved in the market at large. They are prominent industry leaders and have helped support financial advisory, acquisitions, mergers and other aspects of expertise throughout the global infrastructure. Multiple objectives including a passion for innovation and core competencies towards increased ownership and standards of operation have led to their current position in the market.

 

Visit https://www.pr.com/press-release/736511 to learn more.

Securus Technologies Protects Correctional Officers and the General Public with Wireless Containment Systems

Robert Johnson was an effective correctional officer in the state of Florida. While on duty, Johnson identified a box of contraband that was intended to be introduced illicitly into the inmate population. Because of the efforts, the contraband never saw the light of day within the institution.

 

Not every one was pleased with the effective work of correctional officer Johnson. Indeed, the inmate behind the attempt to smuggle the contraband into the facility was deeply upset. The inmate decided he wanted to avenge what Johnson did.

 

The inmate had in his possession an illegal cellphone. The reality is that illegal cellphones among criminal offenders represents a serious problem in correctional institutions in this day and age. This includes correctional facilities on the local, state, and federal levels.

 

Securus Technologies is leading the way when it comes to developing solutions to eliminate illegal cellphones from the inmate population in North America. Towards this crucial objective, Securus Technologies has developed the Wireless Containment Systems, or WCS. The WCS is capable to preventing the introduction of illegal cellphones into an institution in the first instance. Securus Technologies WCS is also effective at identifying and eliminating mobile devices from correctional facilities when they do end up inside.

 

Securus Technologies has revealed some shocking statistics in regard to the use of illegal communication devices by inmates. Securus Technologies presented data from the use of its solutions in eight correctional facilities. Over the course of one year period of time, Securus Technologies prevented an astounding 1.7 million illegal inmate communications at these eight facilities. Contrast this data with the fact that there are thousands of correctional facilities in the United States alone, from jails to prisons.

 

In the Johnson case, the inmate with the cellphone called an associate and put a hit on the correctional officer. The associated went to Johnson’s home in the early morning hours, broke in, and shot the correctional officer multiple times.

 

Johnson was injured seriously. Doctors initially thought he would survive the brutal attack. But he did. He eventually recovered and took his life on a new course.

 

When he recovered from the horrific attempt on his life, Johnson dedicated himself to fighting to eliminate cellphones illegally present in correctional institutions. Not only do cellphones in the hands of inmates jeopardize the security of correctional facilities, these devices presents very real threats to public safety.

 

Located in Dallas, Texas, Securus Technologies serves various needs of law enforcement and correctional agencies in the United States and Canada. Indeed, at this point in time Securus Technologies provides its products, services, and solutions at over 3,400 agencies. This equates to providing services at institutions that house over 1.2 million inmates located across North America.

Meet the Competent CEO of the National Steel Car: Gregory Aziz

The road to success does not have a common route. This is why different successful individuals have different stories. It is only wise for young business persons to keep reading to know the multiple roads to success, to their advantage. It is through the chronicles of various entrepreneurs that we get to know the common mistakes they did and avoid them as well as emulate their good attributes.

Gregory Aziz, the CEO of National Steel Car for two decades now, began his journey by investing in his knowledge. The excellent academic background is crucial to every investor. Greg Aziz attended Ridley College and later decided to boost his education at the University of Western Ontario, where he studied Economics.

 

In 1971, he already had skills to run a business. He managed the Affiliated Foods, which is his family business and the results were amazing. 16 years later, the company became the leading importer and distributor of fresh foods.

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In the 1990s, James Aziz invested in several banking facilities. This was to enable him to buy the National Steel Car that belonged to Dofasco. It was time to put into practice the economic knowledge he had learned. He wanted to make the Canadian Company the leading North America freight car manufacturer.

 

In 1994, James Aziz finally bought the company from Dofasco. A lot of improvements were required to achieve his goals. He cultivated cooperation and a good communication network between his employees to enhance teamwork. This would ensure all the departments were proactive and avoided delaying each other.

In 1999, the National Steel Car freight car production increased from 3500 freight cars per year to 12000 per year. The 600 employees could not efficiently handle the workload, and thus the company also rose the employee number to 3000. See This Article to learn more.

 

This was greatly celebrated by the community. The unemployment levels significantly reduced, and the living standards improved. Some occupants got posts as engineers while others worked as janitors. For those who were not absorbed, they set up businesses, which was equally fulfilling given the big market.

 

The National Steel Car is celebrating 100 years of excellence. The success of the National Steel Car can be attributed to their CEO, Gregory Aziz. It is through following Aziz’s dreams and goals that the company has achieved so much. It is the only freight car company known to work to meet all their client’s demand. Greg Aziz is a humble CEO, and the people of Ontario consider him the most influential businessman.

Sussex Healthcare – Specializing In Audiology

The impact of hearing loss not only affects the lives of people but it can also restrict their activities as well.

Signs of a hearing loss may take in having to adjust a higher sound on the television, have people say things a number of times or experience struggles hearing in noisy places.

To address the issue in the UK where one in six people have some type of hearing loss, Sussex Health Care Audiology collaborates with NHS to deliver audiology services to the community.

An audiologist will undertake testing that includes using an otoscope to look at the ears, followed by putting on headphones which have the patient taking note of pitch sounds and degrees of volume.

An audiologist is a health care specialist who is trained to evaluate hearing loss and to work with individuals in treating and managing their hearing needs.

Another part of the testing may include the patient adding on a headband, listening to sounds and bearing down on a button when they hear a sound.

Additional tests similar to speech discrimination testing may be required as necessary. When the testing has been concluded, the audiologist will pass along a copy of the hearing test and talk over the results with the patient.

If a hearing aid is necessary, a fitting may be scheduled. SHC Audiology provides a 24 month warranty on all hearing devices they make available.

What’s more, Sussex Healthcare Audiology furnishes assistive listening devices, such as special telephones, that work with hearing aids. Custom-made ear protection devices and swim plugs can also be made to order.

Patients feedback, available on SHC Audiology’s website, ranges from great change for the better with the aids to friendly, supportive services. Another patient emphasized how impressive it was to take notice of the birds singing following a long time of quiet.

SHC Audiology, which is accredited by United Kingdom Accreditation Services (UKAS) as required by IQIPS Standard, operates in Surrey, Sussex and Berkshire with Dr. Shafik Sachedina and Dr. Shiraz Boghani carrying on as joint chairmen at Sussex Health Care, an independent group of care homes based mainly in Sussex.

IQIPS is the only nationally acknowledged accreditation system available in the UK for audiology services.

Learn more about Sussex Healthcare: https://gazetteday.com/2017/11/sussex-healthcare-helps-patients-feel-at-home/

Dedication of Gregory Aziz in Steering the System of National Steel Car

Gregory Aziz is the present CEO of a company called National Steel Car. He has applied the modern techniques in directing the operations of the company. The moves have recorded a lot of achievements for the company. Aside from that, he has a role in boosting the management team through the support of pieces of advice on how to run the system. Aziz is the person who has played the substantial role in rolling out the measures that are guiding the objectives of the organization. The devoted spirit that Aziz has shown together with his team of experts has elevated the position of the company as the top in production of the railroad materials in the vast region of North America. The factor that has propelled the mission of the firm to the required niche is the adoption of the modern means to integrate innovation. Go To This Page for related information.

 

Taking technology as dynamic, all the measures that are determining the direction of the operation are made flexible through the leadership of Greg Aziz. The company has demonstrated its significance for the past 15 years through the standardized services provided to its clients. The company has put up several offices in the other regions of the United States. The primary idea behind the decision was to reach to as many clients as possible. All the small branches of the organization are controlled by the decisions made by the central office. Furthermore, the step has enabled the company to have the direct responses of their clients regarding services through their suppliers. The feedback aids the firm in adjusting their services to fit the requirements of the customers correctly.

 

Gregory Aziz specialized in the area of Economics from the University of Western Ontario. He has applied the skills of his fostering the matters of the finance within the organization. There are fewer challenges experienced in the field due to his commitment and the vast knowledge that he possesses in the area.

The exposure that Greg gained while running the operation in the family business made him acquired wits of management. The name of the business was Affiliated Food Company. He made the company record several achievements when he was steering it from the post of management. Greg Aziz made Affiliated Food Company realize colossal returns during his tenure. Additionally, he reached out to the clients of the company’s products located other parts of the world through his efforts.

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National Steel Car services fit the required standard as it has been approved by the ISO to deal with freight and car railroad materials. See Also: http://gregaziz1.strikingly.com/

Top Executive Scott Rocklage

Scott Rocklage is a top executive in the pharmaceutical and healthcare management industry. He has spent a number of years managing a number of companies that specialize in developing medications and treatments for various health conditions. As of today, Scott is the current managing partner of a company called 5AM Ventures. This position has enabled him to successfully lead a company into being one of the best in the pharmaceutical industry. Prior to becoming the managing partner of 5AM Ventures, Scott was the venture partner where he would help the company handle investment deals and other types of financial agreements. Over the course of his career, Scott has been able to provide essential leadership for this company as well as other ones that he has worked for.

 

The professional experience of Scott Rocklage spans over two decades. He has held a number of lower level positions in the pharmaceutical industry but most of his experience lies in upper level management. During his career, he has held a number of high ranking positions that have enabled him to be very influential at the companies he has worked at. Over the course of his career, Scott has held a number of positions such as board chairman, chairman, president and chief executive officer. He has worked for a number of other companies that specializes developing drugs that have improved the quality of life among patients. Rocklage has introduced a number of drugs that have been approved by the Food and Drug Administration.

 

When working at many companies and holding high level management positions, Scott has been able to demonstrate his leadership abilities. As a top executive of various companies, Scott has provided things such as direction, strategy and policies that have made numerous organizations thrive. On a regular basis, Scott looks to set policies that ensure that 5AM Ventures reaches its goals consistently. As well as setting policies, Scott provides direction and strategy for 5AM Ventures to use when looking to reach certain objectives. This combination has enabled Scott to lead the company and establish himself as a trusted and dependable leader of 5AM Ventures.

 

Visit http://5amventures.com/team/scott-m-rocklage-phd/ to learn more.

How Gregory Aziz Restored National Steel Car To Its Former Greatness

National Steel Car is a railcar designing and manufacturing company based in Hamilton, Ontario in Canada. The company was founded over 100 years ago, in 1912. It’s not just the largest railroad car company in Canada but in fact one of the largest in the world. The leader of this company, as both the chief executive officer and chairman, is Gregory James Aziz.

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National Steel Car started out as a very successful company. When the great depression hit, however, National Steel Car started to lose money in comparison to its competitors. Eventually it was bought by another company, Dofasco. Dofasco did alright with the company, but it was a declining business. Around 1990 Gregory James Aziz was working on Wall Street when National Steel Car came to his attention. He researched the company and saw that it was a great opportunity to buy and revive. So, in 1994 Dofasco sold the company to Greg Aziz’s company, National Industries Inc.

Once Greg James Aziz owned National Steel Car he set about returning the company to its former greatness. In just six years he boosted employment at the firm from 500 employees to over 3,000. He also greatly expanded its production capacity. When he took over they made about 3,500 rail cars each year. By 2000 they were building 12,500 cars each year. His company now supplies railroad car operators, both railway and commercial, throughout the United States and Canada.

Greg Aziz was born in 1949 and is a graduate of Ridley College. As a Canadian, he attended the University of Western Ontario where he earned his bachelor’s degree in economics. This educational background has served him well at National Steel Car and in his career prior to buying this company.

 

Gregory J Aziz also finds satisfaction in helping other people. He is a philanthropist who has helped the Hamilton community in a number of ways. One such was being by serving as a sponsor for a number of community stalwarts. He has given money to the Hamilton Opera and Theatre Aquarius so that people can enjoy the culture of Canada. He also supports organizations that help those in need, especially after disasters, such as the United Way and the Salvation Army plus several Hamilton charities. Beyond this, he holds a Christmas party each year at his company where beforehand his company holds a big food drive from which much is donated to local food banks in the region. Find More Related Here.

Gregory Aziz: Grit and Ingenuity

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When thinking about the great business leaders in the world, one would be remiss if they did not include the rail car manufacturer Gregory Aziz. His story is one of triumph and grit. He went into a situation where there seemed to be little hope and he turned his company around and produced a world-leading product. He has defined himself as a titan among men and his work with National Steel Car is truly inspirational.

In 1949 a small baby, dubbed Gregory J Aziz was born in London Ontario. Often called James Aziz by those around him, he worked hard in school and bega