Thread regarding Anadarko Petroleum Corp. layoffs

More to come in June? Have been hearing talk about another next month. Selling PA, KS, and East Texas but bottom line still bleeding cash...

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| 2362 views | | 4 replies (last May 26, 2016) | Reply
Post ID: @OP+HzLSNdK

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China wants Moz gas. Most likely Moz gov cuts a deal with China for a bailout and China uses its leverage to either push Anadarko and its partners out, or at least out of the way, and then take rights to all of the area 1 production. China doesn't want all of Anadarko which is a real POS.

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Post ID: @1tiu+HzLSNdK

yes, do i hear bankruptcy and a chines takeover

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Post ID: @bgm+HzLSNdK

Add Mozambique to the heap:

Mozambique’s LNG Dreams Falling Apart

"Mozambique is heading towards a major default on outstanding loans related to offshore natural gas infrastructure, symbolizing the deflating hopes for a major source of new natural gas production from East Africa.

The state-owned Mozambique Asset Management is set to default on $535 million in loans, which it took out to construct shipyards to service natural gas drilling off of its coast... "

Start packing up your offices folks. More deep cuts coming.

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Post ID: @ysl+HzLSNdK

Do us all a favor file bankruptcy so we can laugh.

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Post ID: @xmf+HzLSNdK

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