Surely Lower 48 is buying or selling something... but what???
14 replies (most recent on top)
the pictures of the people touring the building were from May not this week, if they were from this week and they are COP employees as the article says they wouldnt have name tags.
http://m.chron.com/business/real-estate/article/ConocoPhillips-Energy-Corridor-office-tower-9919088.php
Conoco sued Venezuela for trying to use Citgo as collateral for some bonds. Using Citgo as collateral might prevent or delay Conoco from seizing it as compensation for nationalization damages.
@1cdg: check your facts, or specifically the earnings report. L48 is losing over $1B per quarter - about 4x as much as Canada.
http://www.conocophillips.com/investor-relations/Documents/2Q16_Supplemental_Information.pdf
Here it is:
http://careers.conocophillips.com/job/6870621/land-processing-geophysicist-houston-tx/
An opening. ? Where?
Conocophillips juts posted an opening for a Geophysicist! Are they for real?
How could they even think of selling our L48 assets?! They are the crown jewel of the company. Why can't we sell Canada or Australia. They don't make any money like we do.
things are being marketed/sold asset by asset under everyones back....even EF
Citgo is taking over. They have replaced my J.J. Watts poster for one of Simon Bolivar.
There were free and compulsory classes of Spanish at the Training Center.
Maybe conoco did the smart thing and sold out.
It was suit Wednesday. You didn't get the memo?
Exxon has come to buy?
Some were speaking spanish. Others looked like they went into the training centre.