So is Chesapeake moving to Houston or what? Saw a post a while back saying it was gonna happen. Haven’t heard a peep about it.
At the end of the day it’s really not that funny is it?
My coworkers and I were laughing yesterday about how many of us were on anti-depressant and anxiety meds. What we realized is that we all started taking them after we started to work here. Where is the ownership on the company that created this... — read more
Boeing 737 Max vs CHK
Watch documentary and you will see no difference in leadership of the two companies that lead to tragedy and paid for by shareholders
Chesapeake is 100% Liable
All oil wells are under tremendous pressure. When you drill into them or expose them to the earths surface they would erupt the oil on the ground. You stop this with mud and lots of it. The mud type and amount is determined by CHK engineers. They... — read more
When are bonuses being paid?
When are bonuses being paid and what's up with everyone being so tight lipped about the multiplier?
Why bother?
I always wonder about those who know what kind of company this is, where competencies and effort are not valued at all, but they still give 150% of themselves. Why all this effort if it won't be noticed and adequately rewarded? People burn... — read more
Many complain about the toxic atmosphere
I can only talk about my experience here so far and I really haven’t noticed that the atmosphere is anything particularly more toxic than in other companies I’ve worked for. On the other hand, it was only before I came here that I was warned that... — read more
It would be hilarious if it weren’t true
Our GC manager is at it again. Screaming an yellin like he ran out of meds again. How is he stil running this place?
Fiery blasts in the Brazos Valley are linked to Chesapeake Energy
Published: Feb. 6, 2022 BURLESON COUNTY, Texas (KBTX) - There have been four major incidents in Burleson and Brazos Counties involving Chesapeake oil well sites since January 2020. ) A battery tank explosion Friday (Feb. 4, 2022) night shook homes... — read more
WFYD
What a joke that is.. let's people carry over there PTO now. Stay home check an email or 2 and call it 9 hours work. They should make people show the daily work you did from home to add up to 9 hours of work. But they only allow certain people to... — read more
Careful With Your Long Term Incentives
Just heard from the Powder River Basin that the employees will have to forfeit their long term incentives with the sale to Continental. 2021 LTI will not be paid out at all and will not receive any portion of the 2022 LTI. Reminds me of the South... — read more
Boondoggle afoot
If you want to see idiocy writ large, look at the document dump CHK did this morning on the SEC’s web page: SEC.gov | Company Search Page Josh Viets is our new COO. Another nobody from that intellectual powerhouse, the Colorado School of Mines... — read more
Is this déjà vu?
Word on the street is CHK is going to pay 2.4 billion for Chief Oil & Gas. CHK just exited bankruptcy, blaming high debt for their inability to avoid cheating their shareholders whose shares were cancelled. In less than a year, CHK has incurred a... — read more
Doug is back
Continental Resources Inc on Tuesday named Doug Lawler, the former top boss of Chesapeake Energy Corp, as its chief operating officer and executive vice president from next month.
Running the HSE department
Please don’t tell me that the biggest joke of the them all Tim G is the head of safety. S—t good luck with that, he don’t know his a— from a ho-e in the ground. PS could have ran that department better then anyone out there. Let go Tim
Moving
Saw a post about company moving to Houston. Do you really think that will happen?
How much longer will the best people be surrendered to the competition?
I do not agree at all with those who say that all talented people have left this company a long time ago. It's not true. Despite everything, there are still many talented and capable people, but the question is how long they will want to stay here... — read more
Mass Exodus
Hug your favorite ops person because after March they will be gone. Devon and continental are poaching talented people that are tired of the CHK circus.
Hey Nick, where's our Christmas bonus?
Record breaking profits since our debt was slashed. Considering how poor the raises were this year and our 401k's were slashed, it's the least you could do.
Houston bound
Heard with new work structure and continued reduced staff they are looking at moving to Houston in 2nd qtr. will allow our management to find someone to buy campus and get rid of most of old staff baggage
Chesapeake ex-accounting people
Chesapeake is one of the worst companies I have ever observed in operational ethics. It is nothing short of miraculous (IMHO), that they haven't been caught in more of their shenanigans they have pulled over the years. I'm looking for ex-employees... — read more
The new old CHK
Guess we are back to the old CHK of not reporting injuries and allowing small favors from contractors in the field!!
Happy I Was Laid Off
I was ready to retire, wouldn't lie so I didn't fit in as a team player, and I thought most of management were unethical, inexperienced, narcissistic as-----s. The company violated all of my ethical principles. So thank you management for laying me... — read more
What's our future like?
With the new leadership. I hope for the best, but I expect the worst.
See page 10 of chl sec form 10q filed 11/2/2021
It says we lost 489 million last quarter. It also said we lost 9.3 billion in 2020. Ain’t it time to borrow more money and buy more uneconomical acreage?
Lack of Experience
Wow, lots to loose, new leadership at the top, fresh leadership out in the field, both are out of touch, good luck with keeping the wrong people in place and accommodating your buddies!
Job hunting
It would be good to start the new year in a new company. There is no hope that things will change for the better here. How long have you been looking for a job and not finding anything acceptable? I'm getting a little desperate because I haven't been... — read more
Long and prosperous life to CKH
https://www.barrons.com/articles/natural-gas-chesapeake-energy-stock-51634931620
New leadership will change nothing
Some people are actually excited about this. It is ridiculous to think that any executive is going to work to fix the situation for the employees. All every single one of them knows to do is make money for themselves and their overinflated bonuses... — read more
Compensation
Now that executive comp and LTI are mostly equity, CHK has way more incentive to LIE about reserves. A big markup soon will be the tell of the same ole CHK. Eyes on you marcellus
Promotions?
Any promo deals going around in other departments?
There are fewer and fewer reasons to stay here
This is no longer the same company I started working for a few years ago. I used to be really proud to have a job here. Not at all now. I see no reason to stay here other than not finding another option?
Intentional Misclassification of employees as independent contractors.
If employee misclassification is causing tax fraud, workers can anonymously report their employers to the IRS by filing Form 3949-A. If workers would like the IRS to make a determination about their worker status, they can file the non-anonymous Form... — read more
Accountability?
Everyone is wondering if the continued trend of VPs having anyone who challenges them fired while they continue being romanced by suppliers and vendors. The protected ones continue to defy rules and policies but remain untouched even if people... — read more
How much did we get for Mid-Con?
Another fine decision by our leaders. “There’s no drilling, we have to sell for pennies on the dollars” https://seekingalpha.com/news/3750737-diversified-energy-plans-to-buy-upstream-assets-from-tapstone-energy-holdings
Handling overwhelming workload
I need a vacation urgently because I’ve noticed that I’ve been making more and more mistakes lately. Fortunately, they are not big, I immediately notice and correct them, but such mistakes did not happen to me before when I did not have such an... — read more
It makes sense to me.
Making Dominic CEO of CHK seems to have upset a lot of folks. I understand he doesn't know anything about drilling or completing a well and couldn't even manage the drilling of a shallow water well. I understand he was the mastermind of the Ponzi... — read more
Steal a little--they will put you in jail; Steal alot and they will make you King!
They just made Del'd-mbo king. I think it's a recognition of his contributions. Del'd-mbo has been stinking the place up since 2008. Sweet Jesus--you can bankrupt a business and get promoted. CHK still has a reality distortion field big time. ... — read more