Thread regarding Cenovus Energy layoffs

Deep Basin Sale

Did y'all read the news?


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| 5304 views | | 17 replies (last 21 days ago) | Reply
Post ID: @OP+1kfkynvmb

17 replies (most recent on top)

Such ridiculous and truly uninformed commentary here. It’s truly a window into the cluelessness the employees of this company have with respect to the Deep Basin Assets. The Cenovus Deep Basin assets include significant Montney and Spirit River Group assets! These are some of the top performing plays in not only the WCSB, but in North America. The issue has been the lack of focus by CVE on properly funding the development of these assets. The CEO recently addressed this and I believe the newish VP of the Deep Basin will turn it around. The focus must be on subsurface expertise, which we have in place. Listen to the Geoogists and Engineers who have extensive experience and proven success with these assets. Stop listening to the Managers and Business Office people who pretend to know the assets! It starts with geology and ends with geology! Few have the knowledge and even fewer have the proven success exploiting and developing these assets. Try listening to them, rather than the loud blowhards who walk around pretending they have the answers.

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Post ID: @h79+1kfkynvmb

@61r
If you say so. 😂

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Post ID: @6m8+1kfkynvmb

Turns out this was all fake news after all

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Post ID: @61r+1kfkynvmb

The offers they’ve had are for piecemeal one-off deals, not the whole asset.

They’re also shopping their Asia-Pacific assets around.

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Post ID: @3h9+1kfkynvmb

@2ds no sale announced, nimrod

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Post ID: @33j+1kfkynvmb

@2ds
We will get told in a teams meeting at the same time Calgary is talking to the media. We have been through this a few times in Clearwater

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Post ID: @2gt+1kfkynvmb

Conventional asset sale process … did leadership share expected timeline for completion?

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Post ID: @2ds+1kfkynvmb

Earnings will be soon so you girls can wait and keep gossiping until then.

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Post ID: @22r+1kfkynvmb

@1vj oh that would be good, atleast CNrL doesn’t do lay offs every 15 days

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Post ID: @21e+1kfkynvmb

What’s this rumour around the wellhead cnrl bought conventional??

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Post ID: @1vj+1kfkynvmb

@zf lol why acknowledge rumours? You’re telling us how little you know with that comment.

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Post ID: @1cj+1kfkynvmb

So nothing is happening?

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Post ID: @1ab+1kfkynvmb

Our courageous leaders of course don’t even bother to address the rumors which means they are probably true

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Post ID: @zf+1kfkynvmb

Old deep basin will be picked apart like ravens on road ki-l , I forsure wouldn’t want to be management in Edson lol

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Post ID: @p9+1kfkynvmb

Deep Basin has been for sale since 2017

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Post ID: @hn+1kfkynvmb

Read the outlets …. Still No news internally

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Post ID: @ez+1kfkynvmb

Just saw some gossip. What are the deets

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Post ID: @et+1kfkynvmb

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