- Random analyst question*
“IF YOU STEP BACK…” -JC
12 replies (most recent on top)
FFS. Rip the band-aid off already!!!
@3pp if you know you know
@3d6 ?
@vz the reason for them being unable to find a partner boils down to a single parameter which the current staff is woefully ignorant of being able to explain which was in fact figured out by the previous team.
@3cf MM is the primary instrument, along with SR, that this ship is sinking faster than a donut buffet at a weight watchers meeting.
If you reflect on all that acreage squandered away while FireBird, Crown Quest and Diamondback found honey holes and are bigger than ever....... Apache just could develop or deliver. Sadley JC is just bad at seeing a true course. Almost like he is delusional. Baluga head (MM) seems to make things worse.
They have been looking for partners to drill the commitment well in Uruguay, I wonder why so far they haven’t found one… bad prospects or people don’t want to partner with apa?
Permian inventory until 2030??? I think that is a stretch, if you want to drill profitable wells at these oil prices.
His folksie sayings are no longer endearing. They just point to the truth- He's a hillbilly in a job far too senior for his abilities.
He probably means don’t look too close or get too specific
JC is now cornered. He has read the room well…more talk about Alaska, AI, or long runways are going to be met with disdain. Apache must simplify and offload assets to remain competitive. The amount of capital flows toward oil is discretionary and not as exciting as before
They told him he couldn’t say ‘WE’RE HOT’ or ‘landing zone’ anymore.