Stop with the desperate end of world nonsense propaganda. Next week you’ll wish you covered. Big announcement coming that’s going to catch you all off guard, don’t believe me? I could care less. It’s your funeral.
5 replies (most recent on top)
DOUG,
We know it’s you, trying to get your 4¢ a share back.
I am a mo–n, and I could tell you how to save the ship:
1/ stop going into more debt with aggressive drilling and completions programs
2/ sell gas
3/ Si high royalty % wells until gas reaches $2.28/mcf
4/ Stop buying wellhead compressors. Re-purpose existing at wells that haven’t been s—ed dry
5/ remove lap dog cronies and hire leaders with field experience that can speak honestly and aren’t afraid to offer solutions as opposed to browning their noses.
@1cnm+14l7Hli is 100% correct. The company is adverse when it comes to tech. They don't know how to leverage it and don't have support in the executive branch for it. The companies that don't understand digital, will not exist long term. CHK is one of these companies. Say your goodbyes.
I think you all have been deluding yourselves for a long time! Chesapeake has been on the road to ruin for a couple of years now, ever since going big on oil and neglecting the Eagle Ford. Plus, I have never, ever been impressed by the id–t engineers who have run the day-to-day technical operation; they've all been a bunch of self-satisifed, we-can-do-it-ourselves arrogant POSs. For them it was about cost, and doing the same old engineering thing over and over ('cause it seemed to be cheaper). They have never had an care for developing or adopting advanced technology, because prices were high and they thought that they were technical gods. I hope that the G&G folks survive, but it has been long overdue to clean house of the engineers!
1: File chapter 11
2: restructure and downsize operations. sale some stuff.
3: come out of chapter 11 in a few years.
4: come back as a smaller privately held company.
You could care less, or you couldn't? I'm confused.
Also why would some still be shorting the stock after gaining essentially all possible value from a short? They'd have to be short to $0 strike price at this point. I think you misunderstand how the stock market works.