GoA assets being sold to Shell. Here comes the axe
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Alaska will never go.
It's a summer holiday destination for the ELT and chosen ones. They go up there for "reviews workshops and meetings" but spend their time wining and dining family and friends on cruises and all expenses paid vacations. It's a huge scam that should have been shut down years ago.
Tried to sell Alaska business unit, but no one wanted it.
If we had a large number of people operating non-operated assets, then we do have efficiency problems
Not really naive. I'm one of them. 1% and 15% interest though. I can promise you there's not huge number of people dedicated specifically and exclusively to non-operated GOM assets. So to insinuate that a huge ax is coming due to this sale... now that is ignorant.
We also sold $600MM of noncore Permian assets, so with this sale to Shell, we’re a majority of the way there to $2B.
There are personnel supporting JIO assets so…. Your comment is naive.
700MM down. 1.3B to go
These aren't assets COP operates so... your comment is misplaced.