Obsidian Energy Introduces New Image To The Industry

Based in Canada, Obsidian Energy specializes in offering oil and petroleum services to clients and customers all over the country. The company was originally known as Penn West Petroleum and first came into the business in Alberta in 1979. As soon as the company was founded, it set up a number of rigs in locations throughout Canada. Most of the oil rigs that are owned by the company are located through the western strip of Canada. Currently, Obsidian Energy is being led by David French, who stands as the President and CEO of the company.


One of the biggest recent developments to the company was the name change that it underwent. The change was a result of a much-needed makeover that the company was experiencing. During the oil crisis of 2014, the company had to undergo a number of changes in its structure and functioning, so as to still be able to stay afloat in the economy. These changes had a huge impact on the workings of the company as a whole, which is also what led to the name change taking place. The name change was a part of a package that also changed the logo of the company, and also the stock denotation.


The name change took place only after several members of the board of directors requested it. A vote was passed around among the members for the name, and Obsidian Energy was selected as the name that they would thereafter be known as.


One of the defining characteristics of the services that Obsidian provides is the implementation of the latest technology to better the production of oil and natural gas. The company implements the very best industry standards so that they can improve the services that are offered, and so that they can be more efficient in their undertakings.


Today, the company stands as one of the foremost in the oil industry in Canada. The company has surpassed its competitors to come forward as a force to be reckoned with in the oil and petroleum industry and will continue to strive to offer nothing short of the very best to all of the clients who depend on them. See This Page for more information.


The company 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).


More on: https://www.obsidianenergy.com/

Making Connections in Faraway Places: Gregory Aziz’s Methods

If you have been even remotely involved in the railroad industry in the past decade, then Gregory James Aziz is probably a name that you have heard once or twice. Greg Aziz has created a name for himself by taking what was thought to be impossible and turning it into reality. He singlehandedly took a failing company in the railroad sector and made it whole again. Now, that company is thriving, and Greg Aziz continues to do good for the industry.


Gregory Aziz was born in a small town in Ontario. Aziz graduated from the University of Western Ontario with a degree in Economics, and he was hired into a food distribution company directly out of school. Moving quickly through the ranks, Aziz made his knowledge of business clear. He was able to expand the distribution network of the company into every corner of North America. Using his skills at creating relationships and building networks, Aziz was also able to expand supplier relationships into South America and Europe. In just 16 years, Greg Aziz was able to take this foods company and turn it from a local distributor into a global conglomerate with ties all over the world.

Aziz took a hiatus from the business world and entrenched himself into the stock market and investments in the 1980s. He was curious about investment banking, and he worked with several firms to come up with investments and portfolios that would work for clients. However, Aziz soon realized that he was not interested in this type of work, and he decided to exit the field. As with just about every other aspect of his life, Greg Aziz had been successful in investment banking. With his gains from that job, he purchased the failing rolling stock company National Steel Car.

National Steel Car had been struggling for many years. Founded in 1912 under the name Imperial Steel Car. NSC had a history of getting through depressions and recessions without any issue. However, when the trucking industry started to take over, the owners panicked and stopped investing in the company. Aziz knew this was not the correct approach, and when he purchased it he sunk millions into capital development projects. Once again using his connections and ability to create friends in faraway places, Aziz built the company back from the ground up.


Gregory J. Aziz continues to be the CEO of National Steel Car, and he is loving every minute of it. With his knowledge of the business world and ability to create connections with others across international borders, every company that Aziz touches will continue to thrive for years to come.   See This Page to learn more.

Betting on the Underdog: Gregory Aziz and National Steel Car

Everyone loves when an underdog wins. There is just some sort of satisfaction that humans get when they see a team or company come out of nowhere and defeat the odds to bring home a victory. One of these rags to riches stories is that of National Steel Car and Gregory J Aziz. Thanks to Gregory J Aziz’s ability to read the business environment and alter corporate strategies, National Steel Car went from a small, local manufacturer to one of the only remaining rolling stock designers in North America.


Gregory J. Aziz had a knack for bringing failing companies into the international spotlight. When he graduated from college and joined Affiliated Foods in 1971, the company was small and only served a remote corner of Ontario. When he left after 16 years in management and strategic positions, Affiliated Foods was bringing in supplies from all corners of the globe and had a large distribution network that covered all of North America. Aziz knew he had a talent for making these things work, and when he purchased National Steel Car from a private equity firm in 1994, he had every intention of doing this again.


National Steel Car was in poor shape when Aziz purchased it. The company had gone through several sales and acquisitions, and previous owners were only interested in stripping capital out of the company. After the trucking industry took over in the 1980s, National Steel Car fell by the wayside, and several customers backed out of their contracts once the company started to build lower-cost, lower-quality cars to keep its own expenses down. Greg Aziz wanted to change this.


The first thing Aziz did was change the overlying business strategy from low-cost to high-quality, hiring several new engineers and putting a focus on designing cars that would withstand the test of time. He also created a new initiative in which the company would build different types of cars, including new coal cars and oil cars that were currently in high-demand. He also talked to new customers and potential customers to make sure NSC’s products would give them everything these railroads needed. Greg Aziz sunk millions into capital projects and hired thousands of additional people, and his strategy worked. View Related Info Here.


In just a few short years, National Steel Car went from almost a complete failure to a quality, industry-leading manufacturer of rolling stock. They continue to boast large profits and win awards for their quality. Thanks to Gregory James Aziz, National Steel Car went from being the underdog to the top dog of the industry.


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

A Fresh Start for the Best in the Industry

Obsidian Energy, formerly known as Penn West Petroleum Limited, is it company based in Canada that supplies customers with amazing levels of support and energy. In the past Obsidian Energy has had difficulty with its organization, but thanks for the new reform the company has managed to recreate it’s all from what it originally was and become the company that everyone has always wished it to be. Obsidian Energy workers are some of the best in the industry and are passionate about the jobs and the work that they do. It is not always easy to provide high levels of support while also doing the hard-difficult jobs of a utility company, as obsidian energy does on daily basis. As far as the consumer is concerned, he who provides the most energy is usually the one that they will go with. This is normally always the case with companies who require such companies to power their machinery. This is why Obsidian Energy is important to the industrial areas of Canada.


The two main energy resources that Obsidian focuses on our natural gas and oil production. Obsidian Energy is a midsize company, meaning that it’s not going to cover everyone who wants to use them as a provider, but for those who do use them for their energy sources, they provide the best possible level of support. As a smaller company, it is sometimes difficult for Obsidian Energy to compete with some of the more high-end energy companies that provide the same types of resources. In order to combat this city and focus strongly on those that it has on their site, such as corporations who operate mainly within Canada.



Things have been rocky in the past for what used to be Penn West Petroleum, things have changed for the best and now the company can start afresh with not only experience I under its belt but also the prospect for a bright new future. Click Here for additional information.


The company 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).


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The Growth of Obsidian Energy

Obsidian Energy is a company that specializes in oil and gas production. They have been in business since June of 2017. This company was formally known as Penn West Petroleum. Many changes took place with the business transfer from Penn West Petroleum to Obsidian Energy.


This is going to allow them to grow and take the path to a stronger company that is more than capable of supplying their customers with the resources that they want and need. Growth is one of the reasons that they are redefining the company values and goals. There will be a positive impact seen with every part of the business. Obsidian was even among the sixty most prominent firms in the Toronto stock Exchange and was also a Canadian Royalty Trust (CANROY).


The company has the passion and discipline required in order to ensure that shareholders and partners in every community that they operate in will have nothing to worry about as far as growth and growth potential. Obsidian is getting stronger and more powerful as we organize and structure our company. Some changes have already taken place while others are on the agenda.


Their assets are right in front of them, and they plan to keep them there. The company is currently producing around 30,000 boe each day they are in operation. The management team has the experience necessary to show the company’s full potential and deliver results.


The oil and gas industry can hold a promising future when managed correctly. Obsidian Energy does not have plans to leave the industry any time soon. The management team has the knowledge of the gas and oil trading process and will take the company where it holds potential. Get More Information Here.


Every company, including Obsidian Energy, has the responsibility to keep the environment safe. By regular communication with the communities they operate in, this will ensure that any concerns can be addressed in the proper manner. The company welcomes any and all questions and concerns that the community has.


Visit: https://www.obsidianenergy.com/