Perhaps we should start a pool? When will it be sold and to who? And go...
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Maybe for a dollar you can get rid of it.
Answer: never because no none is dumb enough to pay the same price we did for the assets.
I'm just waiting for the inevitable CNRL takeover, moving into my holiday trailer so I can afford to live once the pay cuts happen.
What’s getting interesting is now staff are choosing to leave. Things are picking up a bit with job opportunities and people are leaving. Not just bitter people but good people. If things really pick up it will get interesting around here.
Agreeing to pay COP $6M for each dollar WTI is over $52/bbl until 2022 and taking almost all the DB staff so COP did not have to package them off is what I would call "out negotiated"... and that is putting it lightly.
It wasn't so much out negotiated, it was a case of cve not evaluating the properties before the signing on the dotted line. An absolute embarrassment, I'm embarrassed to say I work at Cve (only because of the executive). Everything else is good.
If they do sell, it will be for a lot less than what CVE paid. Conoco out negotiated them so badly on this deal that it's almost impossible to believe. Amazing victory for COP and an absolute embarrassment for CVE!