Was there an employee townhall today at the Woodlands? Any information?
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RAW looked like he had a nice tan. Maybee he’s trying to get in with the Donald. Not much answered but is anyone surprised. He didnt answer the question about whether restricted stock would vest but the chevron 8k cleared that up (it won’t). But it’s all cool because the performance units vest.
I work for a supplier that serves both Anadarko and Chevron. We're in both AAET and the Chevron equivalent. There's not only more geo and engineering business support as well as business value delivery focus with top level executive support at Chevron compared to Anadarko, but also much less spend at Chevron in this space. We have been trying to grow our business at Chevron, but they are really watching the IT spend pretty closely. Based on that, I imagine that Chevron will not retain much of AAET.
If it's not written into the deal, it is not RAW's call. RAW does not speak for Chevron. If it is written into the agreement, it's got a time limit on it. Tying Chevron's hands would result in a lower price. But if you know you've got a Target on your back, you will run for cover, maybe costing Chevron money, definitely causing Chevron to lose control. "Please remain comfortably seated, Sheep."
If it makes RAW more money, he will do it regardless what he's told you. Has he earned a reputation for honesty, for caring for you and your interests? Is that what he's working toward by selling to Chevron, by putting up Oxy as a competitor, by talking to Shell and Exxon in 2015, to Apache in 2016, to COP in 2018?
When a cokcsukcer's lips are moving, he's either fellating or lying. If you don't see a dikc in his mouth, despite his garbled speech, he's lying.
So tell me. Is it written into the agreement?
Geoscientists for AAET are still geoscientists. Chevron has them too. All the geoscientists in Chevron are also working on machine learning and deep learning projects these days. Just because Chevron isn't doing marketing externally on their own initiatives like AAET does, it doesn't mean that they don't have the same people.
If you think that Chevron's IT budget is going to increase to accommodate AAET, you're mistaken. My neighbor said they're trying to cut a big portion of their IT spend in the next few years. I doubt the acquisition is going to change that. We've not seen AAET come up with anything useful in the field other than a whole lot of buzz words.
I don't recognize this AAET horseshit but I certainly remember the meetings with the 'core values' reach-around moments when people would provide an example of how they demonstrated 'integrity and trust' and the 'commercial focus' b---s---. Ouch...how's that workin' for you now??
Bunker Spreckels
I can’t imagine AAET stays even close to what it is now: a bloated leaderless ego driven ineffective PR focused smoke and mirrors buzzword stuffed organization. Just hope the handful of well meaning highly productive individual contributors find good spots at Chevron.
It was explicitly stated that if you work with Spotfire you’re in!
What about data scientists?
Any time lines given?
That should go without saying, all of AAET is safe, especially geoscientists.
Nothing but a grown man that got paid $65MM crying about “how stressful” navigating the offer was. You made roughly $3MM per day for your services under this particular deal. Employees don’t want to hear if you had to stay up late on weekends to close.
What about Woodlands? any info on geologists and AAET?
Yes, apparently Denver is in the clear! And I really feel like I can trust Al this time.