Topics regarding layoffs at Extraction Oil & Gas

Topics regarding layoffs at Extraction Oil & Gas

Over 100 laid off last week

Heard about 110 laid off last week, all low guys pumpers etc. Naturally the corrupt top guys stayed, probably got a bonus as well. Bankruptcy is next from what I was told before I got the axe

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Post ID: @OP+15iMNb76

Officers take 10% pay cut

All of the company’s officers elected to cut their salaries and bonuses by 10% (Denver Business Journal 4/2/2000). NOT ENOUGH!

XOG Bankruptcy

Let’s see what XOG stock will do today. Oil is at ~ $30 a bbl and Matt doesn’t know anything about running a profitable company. XOG played with fire and now they’re paying the price.

I have a friend who was laid off yesterday!

Yes, the entire state is run by anti oil gas radicals but the industry is also to blame for using the tactics and same consultants that have failed us for the past six years. While the companies loaded up the Aurora city council chamber meeting... — read more 

XOG

Yes, heard the same thing.

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Post ID: @OP+13tCPIt3

Extraction (XOG) Layoff

Heard chatter that Extraction had a very sizable (~33%) lay-off in Denver today. Any truth to the rumor?

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