WFT has pulled all of its assets/ shut down its office and layoff all of its field personnel (4 hands left) in the midland district. Sales managers are sending letters to operators stating that WFT will not take more work until further notice.
This is it, WFT most be getting ready to shut the whole thing down. The Permian will be the first thing to rebound, why would you turn down contracts and lose market share during this time?
I feel for all the good hands that were let go, I know many of them... wish you good luck.