Very complex situation, but the end goal is clear, whole business unit should be gone soon.
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Buyer beware!!
Some time ago EOG and MRO were first guesses for a potential merger.
I don’t think they would be interested in just the cr---y STX leftovers that we are offering now.
But yes I agree, the time for the STX BU is approaching fast. My bet: Apache or SM or EP.
From what I hear, OnCue is the buyer.
If STX and PRB are both sold, will acquire some new asset... right? Or is CHK continually downsizing?
Any word who's buying?