Thread regarding Cenovus Energy layoffs

Deep Basin Layoffs this morning

VP Deep Basin and Land Manager let go.

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Post ID: @OP+13Aa2tG4

6 replies (most recent on top)

and we do it better than anyone else, 20 for 20 here we come

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Post ID: @hsje+13Aa2tG4

That’s what we do and how we do it.

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Post ID: @hvsz+13Aa2tG4

Yeah. Conventional that was actually making money. Let’s sell the cash cow of the company to buy another’s spoiled goods. Makes perfect sense. Another stellar example of amazing leadership. $8 per share. Yeah that makes perfect sense.

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Post ID: @gwth+13Aa2tG4

I hear the new guy has tonnes of conventional oil experience! That will come in super handy across a collection of assets within a deep basin-centered gas system, where the strategy has been gas and gas-liquids for the last 15 years! Remember that time we sold a bunch of conventional oil properties to help pay for the Deep Basin purchase? That was awesome!

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Post ID: @guyi+13Aa2tG4

Don’t worry, they’re being replaced with a SVP, guy from Oil Sands, new BD director and new land manager. They were so incompetent we need 4 people to replace them because...savings.

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Post ID: @5xtw+13Aa2tG4

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