Category: Business

10 Jan

Obsidian Energy: Oil Producer and Manufacturer from Western Canada

Obsidian Energy is a company based in the city of Calgary, in the province of Alberta, Canada. The primary product of the company is natural gas and oil, and they are operating in the western part of the country. The company went through a rebranding process, and it was known before as the Penn West Petroleum. The restructuring and rebranding phase was conducted by the company’s executives and board of directors because they have seen that it might be the only hope that they have left in saving the dying company from complete bankruptcy.

 

The name Obsidian Energy was introduced to the public on June 26, 2017, and the return of the once largest and leading oil producer begins. Obsidian Energy was once known belonging to the top performing Canadian companies. They are also consistently included in the top 60 companies which can be traded on the Toronto Stock Exchange. The demise of the old Obsidian Energy was because the value of oil and petroleum crashed, and it resulted in a lot of consequences like being kicked out of the Canadian Royalty Trust and being devalued massively. During its peak, the company can make more than $9.5 billion profit per year.

 

 

Obsidian Energy was significantly affected by the surplus of oil which led to the crashing of its price. The original employees working for Obsidian Energy amounted to more than 2,500. Today, only 300 of them remained, and the number of dismissed employees is alarming because it has never happened in the history of Canada. David L. French, the present CEO of the company, assured the public that Obsidian Energy would survive any challenges that it is currently facing and that the value of the company will rise in the coming months or even years. Get Additional Information Here.

 

 

Now under the supervision of David L. French, Obsidian is doing everything that they can to ensure that the company would get back on track. Obsidian Energy is currently producing more than 31,000 barrels of oil per day, thanks to the cooperation that is taking place between the different departments under Obsidian Energy. They have also claimed that they can lead the country into an oil revolution if ever shortage would ensue.

 

Related: https://www.bloomberg.com/quote/OBE:CN

8 Jan

Just Who Is The Real Matthew Autterson

The life and time of one Matthew Autterson is quite the fascinating story to be sure. And, it is a little bit of inspiring, if you like the state of Colorado, finance and nature. His career is quite prestigious. Currently, he holds a position as a member of the board of directors of Falci Adaptive Biosystems (FAB).

 

But that’s not all he does. As a matter of fact Matthew Autterson is a leader of Colorado’s business community, and that is what FAB really stands for. It’s more than just about dollars and cents but philanthropic interest as well. This organization provides leadership over the years in Colorado’s communities, through Autterson.

 

But his good work does not stop there, as Autterson also participates with the board of Denver Zoo and Denver Zoological Foundation. He is also a chairman of the Board of Directors of Denver Hospice. These accomplishments are all very impressive and they lay on top of 25 years spent in the financial services industry. During that time, his service includes being the president of a very large state chartered financial institution.

 

Like many men who hold prestigious and enviable positions in a society, Matthew Autterson has paid his dues in the form of proper education and loyal employment for more than decades at a time. His particular training begins with the Michigan State University where he earns a BA in finance. He then moves on to the University of Denver Graduate Tax Program before starting his career with First Trust corporation which is a subsidiary of Fiserv.

 

From there things get a little bit complex in a very big and pleasant way. It starts with him leaving First Trust and joining a small charter which is actually a subsidiary of Integrated Resources Inc. From there, he sticks around and climbs to the top to become president of resource Trust Company. This is acquired by Broad Inc., which becomes Sun America Inc. And from there, is purchased by AIG. The purchase price on that transaction is a meer 18 billion dollars. Get Additional Information Here.

 

Even though there was a little bit of power plays in transitions in the past of Matthew Autterson, his current passion practice and focuses on providing stability to the Colorado community, in a financial and leadership role. This just fine because his past experience is with handling other people’s financial worries in a trustworthy and competent manner.

 

Visit: https://www.blacktie-colorado.com/photos/photos.cfm?id=27

3 Jan

Matthew Autteron’s Incredible Profile

Matthew Autteron is a graduate of Michigan State University with a B.A in Finance. He also went to the University of Denver Graduate Tax Program in the 1980. Mr. Autterson started working with the First Trust Corporation which was a subsidiary of Fiserv. In the year 1982, the successful man in the field of financial industry services joined a small team to start a new Colorado State-chartered trust company. He worked for the Colorado State charter which was a subsidiary of the New York-based financial company.

 

In 1986, Mr. Autteron was appointed as the president of the Resource Trust Company. Broad Inc bought Resource Trust Company and its assets in a merger. Still, under his leadership, Broand Inc was transformed to SunAmerica, Inc. The American Insurance Group bought SunAmerican Company for about $18 billion. Mr. Autterson’s experiences and skills in financial services industries help the Resource Trust Company to emerge as one of the largest institution dealing with depository and custodial services in the country. Read This Article for additional information.

 

During his tenure as the president of the organization, the company was able to employ more than 700 workers. He used his skills and experiences to make the company grow and expand to greater heights. Now, the Resource Trust Company has over $20 billion in custodial assets and $1 billion on deposit. The organization offers custodial and depository services to around 200,000 clients. Mathew Autteron is the Board Member of the Denver Zoo, Denver Zoological, Denver Hospice and the Webb Waring Foundations. He has previously served as the member of the Young President’s Organization and World President Organization.

 

Mathew Autterson is also involved in philanthropic activities that help people with neuromotor disability. He is one of the Board Members of Directors in the Falci Biosystems. Mr. Autterson’s work has been close with other organizations such as the Denver Zoo, Denver Zoologica society, Denver Hospice and the Webb Waring Foundation. These are just some branches that are also involved in philanthropic activities. Matthew Autterson has been mobilizing the mentioned organizations to increase donations to the affected people with neuromotor disability.

 

Mattew Autterson has made a key role in transforming FAB into what it is now. His financial experience and skills have made FAB be one of the leading medic centers in providing new technologies to the neuromotor rehabilitation. Matthew Autteron has been in the industry of financial services for approximately 25 years. He is now the President, one of Board Member and Chief Executive Officer of CNS Bioscience.

 

Source: http://matthewautterson.com/about/

3 Jan

Matthew Autteron’s Incredible Profile

Matthew Autteron is a graduate of Michigan State University with a B.A in Finance. He also went to the University of Denver Graduate Tax Program in the 1980. Mr. Autterson started working with the First Trust Corporation which was a subsidiary of Fiserv. In the year 1982, the successful man in the field of financial industry services joined a small team to start a new Colorado State-chartered trust company. He worked for the Colorado State charter which was a subsidiary of the New York-based financial company.

 

In 1986, Mr. Autteron was appointed as the president of the Resource Trust Company. Broad Inc bought Resource Trust Company and its assets in a merger. Still, under his leadership, Broand Inc was transformed to SunAmerica, Inc. The American Insurance Group bought SunAmerican Company for about $18 billion. Mr. Autterson’s experiences and skills in financial services industries help the Resource Trust Company to emerge as one of the largest institution dealing with depository and custodial services in the country. Read This Article for additional information.

 

During his tenure as the president of the organization, the company was able to employ more than 700 workers. He used his skills and experiences to make the company grow and expand to greater heights. Now, the Resource Trust Company has over $20 billion in custodial assets and $1 billion on deposit. The organization offers custodial and depository services to around 200,000 clients. Mathew Autteron is the Board Member of the Denver Zoo, Denver Zoological, Denver Hospice and the Webb Waring Foundations. He has previously served as the member of the Young President’s Organization and World President Organization.

 

Mathew Autterson is also involved in philanthropic activities that help people with neuromotor disability. He is one of the Board Members of Directors in the Falci Biosystems. Mr. Autterson’s work has been close with other organizations such as the Denver Zoo, Denver Zoologica society, Denver Hospice and the Webb Waring Foundation. These are just some branches that are also involved in philanthropic activities. Matthew Autterson has been mobilizing the mentioned organizations to increase donations to the affected people with neuromotor disability.

 

Mattew Autterson has made a key role in transforming FAB into what it is now. His financial experience and skills have made FAB be one of the leading medic centers in providing new technologies to the neuromotor rehabilitation. Matthew Autteron has been in the industry of financial services for approximately 25 years. He is now the President, one of Board Member and Chief Executive Officer of CNS Bioscience.

 

Source: http://matthewautterson.com/about/