1) suspend all non maintenence activity
2) mandate disposal of Farmington and b-Ville assets
3) Permian for sale to apache
4) Indonesia for sale to China
5) dispose of Niobrara
6) cut as many real estate leases as possible
5 replies (most recent on top)
They would almost have to sell sjbu... only profititable asset that might actually sell and buy them another month. Then they could go with phillips 66 and laugh at the rest of us!
@1fuc You sound like a fob, are you a drone working in indonesia?
Indonesia BU is one of the positive cashflow contributors to the company until now..Why is selling Indonesia?
-
Lance should resign or get fired.
-
His Arco buddies need to follow suit
-
COP should cut expenses, cut manager positions, cut out the planes, buildings, and staff not needed.
-
COP should put on the right makeup for a suitor to buy them out after 1 thru 3 is done!
PLEASE sell Farmington.......Do us a favor. ConocoPhillips would make the decision to sell one of it's only profitable businesses at a time when cash positive production is scarce.....lol