Thread regarding ConocoPhillips layoffs

WCBU soon to be gone

90% of conventional assets going on the block in the next few days. They're also shopping around Surmont and FCCL to a few interested parties. Looks like a total shut down in Canada.

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| 1642 views | | 4 replies (last February 21, 2017) | Reply
Post ID: @OP+LXEBSrl

4 replies (most recent on top)

If it would have only cost what it was sanctioned for, it might have been okay. Multi-billion dollar supplements have a way of killing most economic measures. Someone hid the ball from management. My guess was Projects and the Resistance... exBurl. Point-forward, it's just oil price. Are you really saying we should hold our EVPs and CEO accountable for oil price?

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Post ID: @wnb+LXEBSrl

Your just figuring this out or you thought you would share it with the rest of us that already knew that.

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Post ID: @rte+LXEBSrl

Shrink to grow.

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Post ID: @lnx+LXEBSrl

Does this surprise you. Surmont was probably the most expensive SAGD project in alberta on a per barrel basis. One of the biggest mistake conoco has made...I wonder who sanctioned that one?

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Post ID: @rua+LXEBSrl

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