Greetings, and welcome back to the podcast.

This episode, we are joined by  Mr. Steve Loukas -  CEO of Obsidian Energy - a TSX listed energy company with a market cap of approximately $750 million, and partner at FrontFour Capital Group - a value-based investment management firm.

Stephen Loukas was appointed Interim President and Chief Executive Officer of Obsidian Energy Ltd. effective December 5, 2019 and elected to the Board of Directors following the 2018 Annual and Special Meeting.

Mr. Loukas has vast experience in corporate transactions, capital markets and leadership. He is a partner, managing member, and portfolio manager at FrontFour Capital Group LLC, a value-based investment management firm.

Mr. Loukas held roles including Director at Credit Suisse Securities where he was a Portfolio Manager and Head of Investment Research of the Multi-Product Event Proprietary Trading Group, and at Pirate Capital where he was a senior investment analyst.

Mr. Loukas has also worked within the Corporate Finance & Distribution Group of Scotia Capital where he focused on the structuring and syndication of leveraged loans and high yield debt.

Mr. Loukas started his career at restructuring firm Zolfo Cooper where he assisted corporate clients in the development and implementation of operational and financial restructuring plans.

Mr. Loukas  is a trustee of Cominar Real Estate Investment Trust, and received a B.A. in Finance and Accounting from New York University.

Among other things, we discussed hedge fund strategies, restructuring Obsidian & the opportunities going forward.

Enjoy.

This podcast episode is sponsored by Connate Water Solutions.

Do you need cost effective water sourcing options to supply your next drilling or completions program?Connate Water Solutions is a specialized hydrogeology company focused on water well drilling, testing and water management services in Western Canada and Texas. Contact [email protected] or www.connatewater.com for more details.

This episode is brought to you by Galatea Technologies.

Galatea is a software company based in Calgary that is focused on helping producers better manage their fluid logistics. Galatea enables field operators and truck drivers with the ability to make the optimal decision on every waste, water or clean oil load resulting in 20% savings on trucking & disposal costs.

The Galatea platform makes it easy to create digital truck tickets, manifests and shipping documents that automatically flow through into field data capture and finance.

Galatea's platform is used by over 50% of Canadian producers, 600 trucking companies and hundreds of disposal locations.

Visit Galateatech.com to learn about how to optimize that last line on your lease op.

This podcast is sponsored by  Energy United.

Energy United is an organization with a mission to promote practical energy policy across Canada. At Energy United, we're building a community of Canadians passionate about Canada's natural gas and oil industry who are willing to take action.

Energy United is driving change on issues that matter - all the way from the carbon tax to the emissions cap. Join Energy United to make a difference at  www.energyunited.ca 

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