What’s going on with Deep Basin? Awkwardly quiet...
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I wish AP would just be honest with us and let us know staffing plans over the next 3 months or so. That way staff can have a realistic view of what’s going on. Are we safe or not? If not how many and when.
Layoffs are quietly going on right now. folks were let go the other day. Just quick hits. My bet is a big one will be announced soon. The discount is killing these guys.
Funny how all the execs use the same buzzwords - almost like they’re speaking from the same script.
Some exciting new paradigms are at play in sand box, especially when viewed through the lens of innovation at the granular level. Mark my words, the movers and shakers are getting about business and we are going to see some exciting things.
Cenovus Deep Basin is bottom quartile in every relevant metric. Highest op costs, lowest netbacks in peer group.
Deep basin is best in class, building benchmark strength as we speak
Edwards isn't moving off his number
Maybe everyone is upstairs drawing in the company colouring books. What a great mental health break!
Fact is they aren’t going to invest anything but minimal capital in the asset with AECO prices below CDN$3/GJ. Layoffs are coming.
Stable