Thread regarding ConocoPhillips layoffs

SEC issues for ConocoPhillips and the other shale producers; if you don't produce or wont produce (at a profit) it is not a proven reserve.

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

2 replies (most recent on top)

No surprise...

by Anonymous
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Post ID: @1lin+EXGyaBG

Yes, that's why the borrowing base for debt will fall. Redeterminations in Q1 will benefit from a full twelve months of low prices.

by Anonymous
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Post ID: @brb+EXGyaBG

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