Happy New Year
Tired of waiting game
So the layoffs going to happen today or not? I am sick of the waiting and would like to know so I can either get back to work or cut out early!!!!
Inclimate weather
Office hours start at noon.
January
So everyone is saying layoffs in January. Can anyone back up their clams?
40% of the workforce to be let go "as soon as possible"
40% of the work force is to be let go as soon as possible considering that, January isn't to far fetched. there are a lot of things about to change and i know i am one of the many 1200 or so who will be in the round good luck to everyone i hope we... — read more
The Ax man cometh....
Heard it was in Janurary. Merry Christmas. Happy Festivus for the rest of us.
Upcoming State of Oklahoma Lawsuits
There are so many lawsuits that have not even been filed yet. Especially in Oklahoma. Only Beaver County, Oklahoma, has had the class action lawsuit which can be déjà vu all over again and again and again for CHK in every County they operate in the... — read more
Which CHK assets are NOT embroiled in lawsuits? And how much are they worth? Properties engaged in lawsuits will be difficult to sell.
Buyers are not likely to pay fair value for properties involved in lawsuits. CEO has said there would be no fire sales. Then...what assets are not involved in lawsuits and can be sold at fair value? Anyone have any ideas?
Should we start sending out our resumes? looking for jobs?
I am asking on behalf of all the employees at CHK - should we be sending out our resumes and looking for potential jobs? Management will always paint a rosier picture than what's really going on. As Oklahomans, we can't let our good-natured ways make... — read more
This weekend is critical. Doug is acting like things are fine and dandy, but he's crapping his pants trust me. He doesn't understand debt.
Original Reuters article that got pulled earlier today: Chesapeake Energy fails miserably 1 hour ago By Natalie Harrison NEW YORK, Dec 18 (IFR) - Chesapeake Energy's attempt to ease its short-term liquidity woes looks set to fail miserably after the... — read more
Oil and Gas Learning Series: Survival and Growth Strategy
LAGCOE ’15: Chesapeake CEO Doug Lawler outlines survival and growth strategy http://www.worldoil.com/conference-news/2015/10/27/lagcoe-15-chesapeake-ceo-doug-lawler-outlines-survival-and-growth-strategy Speaking of the current economic conditions... — read more
Chesapeake Energy Bankruptcy January 2016?
How likely is it that we'll go bankrupt in January 2016? How about February or March?
Reuters: Chesapeake Energy fails to ease its short-term liquidity woes (12/18/15, 4:11pm ET)
Reuters: Chesapeake Energy fails to ease its short-term liquidity woes Anyone know more?
"Fraudulent transfer/conveyance" is a major issue right now - it's a legal bankruptcy issue
Anadarko had to deal with this issue when it spun off Tronox. It's not "fraud" as what we may be familiar with. It's a legal bankruptcy term. Basically it means that if you sell assets and file for bankruptcy within one year, those deals may be... — read more
End of Year Town Hall
Just got word that Dougie is working on his big end of year pep talk. Word on the street is that the theme is, "If you thought 2015 was surprising, just wait and see what I have in store for 2016!!!!!" For almost three years he has been preaching... — read more
Bankruptcy
CHK is in alarming trouble if we cannot get near term maturity holders to go through with this swap. Participation rate has been minimal from 2017/2018 holders. If we can't get them to exchange, Chk will be filling bankruptcy, no if ands or buts... — read more
Layoffs
They are coming again people right after Xmas!!! Instead of laying off honest workers in the field we can only hope they go after crooks like the Ops manager in Waynoka!!! Since he took over this office has went downhill!!!
My bad, sorry
Well, I bought another 50,000 shares of CHK on 11/17 for $5.88 a share. Lost $88,200 on that stupid trade to date so my advice is to steer clear of CHK. I had a hunch that buying the stock was like pissing in the wind but I did it anyway. My bad... — read more
Sr.HR
No bonus in March CHK not looking good. Also another round of layoffs after Christmans so save your money please.
Hypocrisy
2013 : Let's simplify the balance sheet and untangle AKMs financial mess. 2015/16 : Let's create a financial mess with complex financial instruments - DDD
Layoffs... We know it's coming.
How long till we can back our clam up?
Stock Grant and 401K Accounts
Just checked, down almost 85% on CHK stock remaining. Question is, wait it out or divest and at least get something out of this?
Stock Grants and 401K Stock Match
Just looked at the remaining unsold stock in my grant and 401K accounts and it's down approx. 85%. The question is, hold out or divest and at least get something out of it?
Compass
Chesapeake met with Compass Manufacturing management a couple hours ago. To Be a Fly on the wall...
Waynoka field office
Doug, just take some of the kickbacks that the Ops Manager and his sidekick foreman take on an annual basis and you can help pay off some of the our debt!!!
Layoffs
FYI Layoffs rolling out it March. Start Saving Now.
Pennsylvania Sues Us On Behalf of 4,000 Landowners - http://www.phillyvoice.com/pennsylvania-sues-fracking-company-behalf-4000-landowners/
Kathleen Kane, PA GA looks hot though... Here is the story: http://www.phillyvoice.com/pennsylvania-sues-fracking-company-behalf-4000-landowners/ Anyhow, she claims that landowners signed "deceptive" leases that cheated them out of millions of... — read more