What Does The Future Hold For Canadian Oil And Gas Producer Obsidian Energy

When the Canadian company, Penn West Petroleum Ltd., underwent a number of key adjustments within the organization and its structure, the idea for re-branding the company was born. After a 92 percent majority of the company’s shareholders cast their votes in favor of renaming the company. Thus, on June 26, 2017 Penn West Petroleum Ltd. ceased its operations under its original name. Obsidian Energy Ltd. is the new name that this oil and gas producer that began operating under after this successful re-branding.

 

Obsidian Energy is one of Canada’s most impressive produces of natural gas and oil, reaching a daily average of somewhere around 30,000 boe. In addition to this impressive output, Obsidian Energy also is in control of some extremely high-quality assets, which make up the company’s nicely balanced portfolio.

 

It should be noted that the energy industry has been going through some of biggest changes that an industry has seen in modern times. Although what the energy market will look like in the future is certain, Obsidian’s management team is dedicated to pursuing continued success within this field. They believe that their passion and entrepreneurial spirit will be the building blocks that will allow the company to see great success for years to come in the oil and gas industry.

 

Obsidian Energy is well-poised to achieve its current goal of moderate growth over its next three years of doing business. This is because the changes that took place within the organization have created a team that is leaner, stronger, more efficient and capable of greater things that it ever was before.

 

Throughout the course of Obsidian Energy’s journey, it will strive to be very accountable to everyone involved in the process. This doesn’t just include their company’s partners and its shareholders, however. The local communities in which Obsidian Energy is able to operate are also a place that the company’s management team wishes to place accountability for the long term.

 

Obsidian Energy has a commitment to make positive impacts on all of the communities where they have operations. Obsidian sponsor a Community Matters Program where all employees and contractors are to communicate openly with all people in the communities.

 

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Stream Energy Is Changing How Energy Is Sold

Dallas-based Stream Energy offers more than the company’s name implies. While electricity and gas are their signature services, Stream offers wireless Internet for smartphones, protection and home services as well. The company currently serves eight states, primarily on the East Coast, however, Stream Energy supplies services to Texas and Illinois residents.

 

Stream Energy has a network selling opportunity for independent associates to sell their products and earn cash and free energy and wireless services. Since nearly everyone uses electricity, there is a very large base of potential customers. Stream even has an electricity plan where the customer would receive electricity from renewable energy sources, which independent associates can sell to environmentally conscious individuals.

 

Stream Energy’s wireless services include talk, text and data plans where customers use their own device and can keep their current phone number. The company offers roadside assistance, credit monitoring and more, giving independent associates a wide range of products to sell.

 

Stream’s protective services include a virtual MD service for one person or an entire family. Customers can request a consultation via phone or video chat, receive a diagnosis and have a prescription sent straight to their pharmacy.

 

Deregulated electricity and natural gas offer customers affordable choices and Stream Energy makes it easy for people to switch by offering to reimburse new customers up to $150 to cover an early termination fee from their current provider if they sign up for a 12-month plan. Go To This Page to learn more.

 

In late 2017, D Magazine recognized Stream’s CEO Larry Mondry in their D Mag’s Dallas 500 list. The magazine looks for influential and innovative business leaders to honor each month. There are very few network marketing companies that have independent associates sell electricity and natural gas, however, Stream saves money by lowering their advertising costs and not hiring representatives to explain their various products. This allows the company to lower their costs and pass the savings on to customers. It is easy to see why D Magazine recognized Mondry as an innovative leader.

 

Stream is a Better Business Bureau accredited since 2010 and has since then earned an A+ rating as proof of their commitment to excellence.

 

More on: https://www.inc.com/profile/stream-energy