Thread regarding Apache Corp. layoffs

LEGACY ASSETS SELLING (500 Million Assets)

Can anyone comment on when the following assets are to be sold or have an idea?
Denver City, EUNICE NM, ANDREWS, SUNDOWN, Wink!!

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Post ID: @OP+1f8WBZNJ

10 replies (most recent on top)

Hope Total don't put Suriname on the back boiler now they have the massive Venus discovery in Namibia (no carry there)

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Post ID: @mpzc+1f8WBZNJ

wondering how many jobs will be cut because of the $805m divestiture

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Post ID: @iqom+1f8WBZNJ

Why are you confused about the BOD "allowing" these things to happen? The BOD from better days have been long gone. Look up the names of the BOD by years and you can almost chart when things start going downhill.

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Post ID: @havp+1f8WBZNJ

Need to pay for the pending class action settlement. Again the execs screwing over the company and everyone else to protect themselves, which somehow the BOD continues to allow.

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Post ID: @fkoq+1f8WBZNJ

Probably use most of it for 14th floor bonuses. Won’t get anything close to reserve value. Fire sale of neglected assets.

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Post ID: @2sar+1f8WBZNJ

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