Thread regarding ExxonMobil Corp. layoffs

Exclusive: Hess Guyana's secret value becomes part of Exxon arbitration, sources say

  • Panel to consider independent appraisal of Hess Guyana
  • Exxon sees Chevron-Hess merger as disguised asset buy, say sources
  • Hess Guyana makes up 70% of Chevron's $53 bln bid, say analysts
  • Chevron, Hess see appraisal as irrelevant to arbitration case

https://www.reuters.com/business/energy/hess-guyanas-secret-value-becomes-part-exxon-arbitration-sources-say-2024-08-20/

by Anonymous
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Post ID: @OP+1u6yMTmx
Comment! It's anonymous!

3 replies (most recent on top)

If EM’s Exploration Manager had listened to his team, he would not have recommended selling the entire lease which lead Dallas Execs to sell part to Hess.

It is a tragedy that EM did not drill the first well without partners because everyone in the Exploration Group recommended this, except the Manager of Exploration.

by Anonymous
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Post ID: @3qte+1u6yMTmx

“Wirth also aims raise up to $15 billion from asset sales, after the Hess deal closes.“

These assets would be the garbage they take on from the Hess acquisition like Tubular Bells, Stampede, and the other older GOM assets plus the onshore Dakota cr-p
This is a grab for Guyana

by Anonymous
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Post ID: @3lwr+1u6yMTmx

I hope XOM loses this suit but DWW will still call it a win.. we are so blinded. Never have I seen an organization so focused on winning and yet losing talent and trust

by Anonymous
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Post ID: @1nmk+1u6yMTmx

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