Wake up fellow Peakers. Soon there will be nothing left but the restaurants, and they would probably sell those if they could.
1) MidCon is about to be history - we sold everything of value
2) PBR is still mostly unproven - if we could get decent money for it then we would sell it
3) The Marcellus is a mess and probably the only asset that actually [somehow] makes money
4) Utica well are garbage and the acreage has been largely abandoned
5) South Texas is running out of locations and those wells are by no means boomers
6) Gulf Coast claims to have thousands of locations with a 40% ROR, but for some reason we aren't drilling them (I think this would imply that they aren't actually a 40+% ROR)
There is no way out of this mess. Chesapeake is in worse shape than my credit cards if I don't get a bonus next month. There is absolutely zero growth potential. The mood elevator stays at or below depressed, and I still can't figure out why so many individual contributors were let go but most managers got to keep their jobs? Hmm, maybe they don't actually look at the company's performance and tie that to the performance of managers and upper management.
There is nothing left. I will join the masses that leave after the bonus is paid. Bye Felicia