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?
8 replies (most recent on top)
Escape goat. Heehee. I'm stealing that
At least the manager mentioned below cared about his hygiene and took regular showers, sometime with the aid of the secretary for better wash!
You can judge the intelligence and ethics of your management by counting the number of registered professional geologists, engineers, and accountants that are managers and VP's. To get registered as a professional, you need qualified experience, be able to pass a test in your discipline, and have professional people verify your ethics, morals, and good character. Know any managers or VP's in Chesapeake that are registered professionals? I know of only one manager registered in the entire company and I use to work for him, but he changed and got caught with a secretary in the company shower.
Yea and they got rid of the only safety specialist that knew it all in the field, just because he knew exactly what happened. Those dam lawyers ask him to lie on the stand under oth. We he told them he would not lie they got rid of him 2 weeks later. So yea all the rest of those f------ losers in EHS that are still there don't know Noda in the field like PS.
HSE. What is that? They need to drop the H and S. We are an environmental company. That’s all we talk about now, and even when them come down from OK they only talk about it.
On the BV deal you can thank SB for that and his band of leaders he appointed here. Really sad how some continue to lie and steal from CHK and management looks the other way. Been around the industry for over 10 years but never seen such BS covered up. When the deaths happened we thought management might finally do something but all they did was reward local management with HSE probably being the worse about looking the other way.
I recall well when Wildhorse managed to sc--w us over for the BV ($4B), despite our recommended “fair value” below $3B.
When they saddled chk with all that debt to buy operations we didn’t need, I bet the actors had no idea how expensive the debt would ultimately be.
The danger was clear and in black and white in the debt instruments. They had no idea of the risk created. Those people should never have been in executive positions.
The shame, the horror!