Thread regarding Occidental Petroleum Corp. layoffs

Ghana Sale to Total Called Off

https://www.reuters.com/article/us-occidental-m-a-total/total-calls-off-plan-to-buy-occidental-petroleums-ghana-asset-idUSKBN22U0LJ

Bravo VH, bravo.

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| 4456 views | | 14 replies (last May 19, 2020) | Reply
Post ID: @OP+151eTWbf

14 replies (most recent on top)

@1zut+151eTWbf I think ANAdarko. Odd choice of acronym though.

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Post ID: @1rlm+151eTWbf

Good luck or bad luck, it was 100% doomed from the beginning due to poor decision making. Who the h*ll is Ana????

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Post ID: @1zut+151eTWbf

Worst combination of bad decisions and bad luck. Nobody, nobody could have predicted the Covid crisis and the dramatic drop on demand. But there is no doubt Oxy overpaid for ANA, to go after unconventionals that are like a ponzi scheme.
I cannot imagine how happy are former Ana employees that took the 3 year salary package.

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Post ID: @1vtx+151eTWbf

Cash cow? I disagree

Tullow is a bunch of crooks and lied about the TEN

https://www.worldoil.com/news/2019/12/9/tullow-oil-ceo-quits-after-continued-poor-results-in-ghana

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Post ID: @1lsq+151eTWbf

Ghana is actually a cash cow. Does really well in low price environment. Problem is we are into our eyeballs in debt so they need to market this ASAP.

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Post ID: @1qnv+151eTWbf

Dont worry, MU will save us all.

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Post ID: @1nnc+151eTWbf

L-APC Baby is already out and to feed that baby OXY is scrambling bits and pieces! Stupid management ....Mass Layoff of all your management and useless IT is the answer!

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Post ID: @yym+151eTWbf

Oops Moment!

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Post ID: @maz+151eTWbf

Too late for Plan B we are extremely pregnant

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Post ID: @pza+151eTWbf

OXY and Plan B? We need to call Oscar Brown for plan B. ; )

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Post ID: @sve+151eTWbf

I would not worry, Oxy has a plan B.... right? Can Oxy afford to operate it?

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Post ID: @dvo+151eTWbf

Hahaha

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Post ID: @hej+151eTWbf

@wxv+151eTWbf What was the step forward?

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Post ID: @wby+151eTWbf

One step forward and two steps back.

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Post ID: @wxv+151eTWbf

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