Thread regarding ConocoPhillips layoffs

Is $50 oil sustainabile for OSBU?

by
| 1521 views | | 4 replies (last March 23, 2017) | Reply
Post ID: @OP+MqJfwka

4 replies (most recent on top)

Terrible investment and operated by bad management

by
| | Reply
Post ID: @1yqj+MqJfwka

Too bad WCS is just $35/bbl now. I wonder how much we are losing just lifting a barrel now - not even considering all the sunk cost.

by
| | Reply
Post ID: @1qvz+MqJfwka

Not if you have the current managers (operators) running the asset. Think about the layers of managers you have. And the field ones are taking advantage of all the perks.

Compare that to CNRL who just bought Albian Sands.

Someone here said it - you got a donkey at a race track

by
| | Reply
Post ID: @ptd+MqJfwka

Do you mean is OSBU sustainable @ $50 oil?

by
| | Reply
Post ID: @roz+MqJfwka

Post a reply

: