According to today's Wall Street Journal, Federal Judge Jones, who oversaw the CHK Chapter 11 proceedings, has resigned! Seems his paramour was counsel for CHK and the relationship was not disclosed. The Questions Abound!!
Hear me out.
Instead of continuing to donate to United Way who has has a CEO who makes 1.5M and pays their 270+ employees a total compensation of $34M per year, how about we make our own employees whole after you lied to us about our stocks and the state of our... — read more
Let’s get this over with
When are we going to be able to offload these last two assets? I know the severances are going to be a years salary and I am wanting to double dip. I keep passing up these other opportunities and I am getting concerned that these other opportunities... — read more
Bunch of Haters
Seriously. Why is everyone hating on this company. This place is a gold mine. Sure we have no idea if we will have a job in 6 months but the company has historically handed out some fat dough for severance packages. We get half day Fridays and... — read more
Just a reminder
Anything that costs your mental health, is too expensive!!
It's the CHK way!
Buy high, sell low! Then have lots of layoffs!
Compensation
What is the salary range, bonus target and LTI target for a grade 25?
Life outside Chesapeake is incomparably better
For those who are hesitating whether to leave this place or not, like I once did because I didn't believe that the grass was much greener elsewhere, I just want to say that only 3 months after I left here, I am much happier and life is much better... — read more
Never forget
Don’t forget that CHK donated $50k to try to stop the medical herb from passing. This was before they went bankrupt. That shows you where their priorities were. Not towards the stakeholders or the employees, but rather towards their own biased... — read more
Has anyone at VP level and up ever added any value to the company?
All these years working there, I could not think of any value added. But I can recall millions of dollars lost by these leaders over the years. Maybe I missed the one time that the leaders added value.
Keith
Is the bull in a China cabinet still there?
Severance Package
What’s the current Severance package there?
DEI Canceled...
More layoffs are on the way...
Staff Res.Eng. New Job Posting… Why???
Job Summary This senior level position performs aspects of engineering assignments under general direction and guidance in order to provide technical and specialized solutions to petrotechnical engineering challenges. Job Duties &... — read more
Lack of chatter?
The lack of messages on this site has got me curious? Have employees been ordered to keep there mouths shut about something going on behind the scenes? Will old shareholders ever get what’s coming to them? I guess only time will tell.
Bye Bye BV boys
Well, what comes around goes around, the untouchables got touched and torched. When you think your the best and nothing can stop you now. Look what happens. CHK can't even help yall. Now what do you think your golden egg boys.
Fire sale
fire sale /ˈfī(ə)r ˌsāl/ Learn to pronounce noun a sale of goods remaining after the destruction of commercial premises by fire. a sale of goods or assets at a very low price, typically when the seller is facing bankruptcy.
I authored the zero barrier policy to save money.
It made me so famous, I was promoted to VP.
High Hopes
I got my hopes up that TB was gone. Nope, he’s still here :(
Fire the fake advisors
If you can't afford the real advisors, you definitely can't afford the cost of the fake ones, when they FU . They were trained by TB who was the chief FU in the company.
There are other jobs
A bird sitting in a tree is not afraid of the branch breaking from under it because it’s trust is not in the branch but it’s own wings. Believe in yourself fellow peekers and use it for what it is, just a resting spot.
Rumors of Sale
Hearing rumors of sale, not to EOG. Anyone else heard anything substantial.
BV going back!
Be interesting to watch local management suck up to new company after all the bad mouthing they did when bought WildHorse. Wondering if the Cajun that made CHK great and his posse will be asked about the ones that didn’t make it home!
Eat or be eaten
CHK is going to have to buy or get bought. It's just reality at this point.
How about some good news here
Like the company decided to pay back the millions owed to shareholders that were totally ripped off when the company filed bankruptcy. Or, Tim B is finally fired for continuing to be the sorriest MF in the oil and gas industry. We need some good news... — read more
Severance
Can we expect a sale and severance soon? Many of us have been hanging around the last couple of years thinking this was nearing the end.
Happy New Year
Keep up the good work in the Haynesville - looking forward to the sale.
Here we go
https://www.reuters.com/business/energy/shale-oil-producer-continental-resources-names-doug-lawler-ceo-2022-12-06/
Layoff some of the best geo’s…..then post Geo jobs to LI
CHK is truly a shameful company. I used to love this place, but am embarrassed. They laid off so many awesome geo’s and then two weeks later post jobs for geo managers. What the heck is going on in this place?!?!?!? Leadership is a clown show. Get it... — read more
BV soon STX short list
Hearing BV deal announcement any day and STX has short list of companies taking pieces. Heard staffing in both fields will be greatly reduced prior to actual purchase.
I use to be proud to work here.
Now I am ashamed. All the so called leaders need to be fired. This place reminds me of the Biden administration.
Which number is larger?
Chesapeake's operated rig count at peak, or the sum of rigs operated today by EOG, COP, DVN, OXY, PXD, and Mewbourne combined? It's the former. Just shy of 150 in late 2008. That was twice as active as the next largest driller.
How many and what groups
Was it just In city or field also?