Was told today the U.S. Pressure Pumping is now separate from all other Pressure Pumping groups and in line to be spun off for a sale. Any truth to this?
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Are they still at 1 week for each yr of service for the severance pkg?
Anyone know?
Who would be interested in buying this briken co?
Brighton temporary layoff until further notice.
Farmington nm laid off a shutting down...lousy severance pay...
Ok, sold, then what?
BJ was sold and it turned out ok.
Is BJ in the market for PP again?
Could be! Any word on this?
SOLD , end of June
Good way to avoid giving severance package.
True. Pressure pumping employees are on 30 hours paid per week leave until further notice. Sounds like we're being sold off.
Cannot confirm, but hearing the same here in WV and Kentucky region.