Thread regarding Chaparral Energy layoffs

Does anyone know if Mark Fischer is in the "investment group" buying the EOR assets? That's like taking a giant step backwards!

However it's a pretty sweet deal since the original purchase price of the NBU was $480 million BEFORE adding improvements for CO2. Pipeline etc. How did that get approved by the Board of Directors? Hmmmm. If it wasn't profitable to run before, what does a change in ownership make?!

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Post ID: @OP+PQLVAa4

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MF was higher in his offer for the EOR assets but think ol Kermit may have refused because a lot of people would have left Chap to work for him.... just saying

Post ID: @ezom+PQLVAa4

No, Mark Fischer is not the buyer and has no part of the new company. ExDenbury guy TRACY Evans is the buyer. Seems like a well experienced group of guys with 30+ years of CO2 experience. The asset may finally be in good hands.

Post ID: @wsx+PQLVAa4

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