Bondholders who bailed the company out last year and provided more money will not do it again.
WFT is going, make plans now.
Why do you think the CEO, CFO, Chairman and half the Board of Directors left? Not a good sign.
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Petrowell, pauls dayisms are known globally as hot air. What petrowell products actually brought real profitable revenue? Some good ideas yes however nothing truly comercially viable was ever created. I doubt the tools purchased ever generated the revenues to pay for the petrowell acquisition.
Think it more likely that Petrowell tools kept Weatherford afloat until Weatherford started screwing these up as well. How many Weatherford manufactured ASV parts were just not fit to be used
Petrowell mafia ruined this company and they now hang around like a bad smell for the monthly paycheck. Move on Petrowell mafia!!
I'm putting my bonus on a down payment for a certified pre-owned Jag next month.
Bonus ? Joke !
Will we still get our bonus?
It's been a really long time since anything that Weatherford has done could be interpreted as a 'good sign', at least for the employees still there.
Ride'em cowboy to kingdom come.