Is it dead or moving forward?
Thanks for the positive replies
9 replies (most recent on top)
So the San Antonio facility was under Pressure Pumping, does this mean that the rest of Weatherford's groups are getting kicked out of that location now? Or perhaps they will just form a joint venture for the Production Group and stay there.
Only missed plan payout by ~100M and have no stake in it now. But, Weatherford kept their outstanding completions team (typed while laughing almost as much as Schlumberger is at the moment).
WFT stock is -17% today, it looks like the investors did not like the way SLB squeezed Mark's balls...
Onestim deal falls thru. Asset sale instead. LOL. Another mess up by good old WFT.
This jv will fall flat on its face.
Once it does happen and with SLUM running the show, this will be a fantastic place to work!
Why would we have to borrow 300 hundred million dollars, in order to stay afloat.
Don't start counting your chickens yet my friend.
DOJ approved the deal, yes we got the money for the holiday.