That was brutal. That’s all I can say.
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@hyqq 👏👏👏
I hope there’s a lay off soon and they take the bag lickers with it I’m getting sick and tired of the management stressing over pointless sh-- like bo’s and f---ing oe express , these things are only relevant for some tard in Calgary , skid that f---er and the bag licking followers and lets move on
How do you “fire” an asset, genius?
Fire all the COP people along with all the DB assets.
when idi...ts rule the ship and then they leave with full stash of cash.... it makes you feel that you got robbed. why? because they promote these id...ts to power and they make these stup...d decisions . other people suffer.
What a shameless id--t.
The only thing he said that DZ didn’t was that acquiring the Deep Basin assets was a mistake.
The fireside chat left me really wanting to see HC’s townhall...but it seems to have been scrubbed from INC.
Anyone know what the packages are like considering this is the 6+ round.
Just tells you what a farce the plan to acquire was.
Record op costs, well type curves the best ever seen, and operating results like never before.
Because this company is the best, world class operation.
Or the opposite.
Hard lesson I know. You can never trust what comes out of the mouths of a company or executives.
The commodity price hasn't changed, aeco has been terrible for years...
Basically we sold the highest liquids rich asset in Pipestone, so now the rest will be sold because it is all drier and can't compete for funding. So the Firesale chat, I mean Fireside chat was a reality check and if Clearwater goes then DB will basically be cut in half. I thought Druze, Dino and TC all did a great job of rationalizing the change in commodity pricing and how a change in course was necessary. Unfortunately, they didn't really address why they have taken such a shortsighted and reactionary approach rather than a more long term investment approach like more successful companies like CNRL have taken.
Oh no, so much for the short term investment cycle story we were spoon fed.
Basically AECO gas prices being what they are means Deep Basin is at the complete bottom of the funding heap in the company. Asset sales will continue. Reorgs, downsizing, asset rationalizations with the strong indication they’re looking at less than half the staff once Clearwater is gone. Ugly.
That was reality
Didn't catch it, what was the message