Here we go folks. Ensign Natural Resources, $3 billion, 100k+ acres, 600 future locations. We knew something had to happen. In Tillman, we trust.
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mro hit with 241 million settlement for ND emissions violations while top 5 execs walk away with about 120 million from COP deal. oh….the irony if the phony esg speak and their collective mismanagement scuttled the deal…ha. how about the 120 million be instead used to pay down the fine?
How ‘bout them swag bags!!!! Best part of the interview!
One of these days it’s going to be the last we hear from MRO
And that was the last anyone ever heard of Ensign...
Marathon has repeatedly shown over the past month that they are in fact a bunch of massive douches.
This thread is hyperbole. The interviews and transition meetings are real life. No keyboard to hide behind. I’m embarrassed for you.
Responding to “The One who Knows”, this acreage belonged to Pioneer Natural Resources prior to Ensign and was never Marathon Oil acreage. Not sure where you got your information but it turns out you’re not the one who knows.
This thread and the attitude in it really sums up why so much of the MRO engineering/technical staff has left in the last 2yrs and not a single one is regretting it
This thread is embarrassing. Wow, MRO.
For Marathon folks to call Ensign people "little puppies" and "plebs" seems a little ridiculous. Likely to be more jealousy than anything else. Anonymous message board name-calling isn't the best look. A similar level of disrespect towards Ensign employees during in-person interviews has occurred in a few cases too.
It's only logical for people with big pay days to have the flexibility to be demanding in what they want for their next role. If Marathon doesn't want to hire them then they can afford to be patient and find another job. And for the Ensign folks that have said yes to their job offers, don't count on them all staying around for very long. It's less stressful to find a new job when you have job which is probably their logic in saying yes.
Lastly, Marathon may need to take a look internally at why their attrition rate has been so high for their technical/engineering staff with the EF asset in the last two years. Word gets around and could be a reason why there have been more rejected job offers than accepted from the Ensign technical team.
Asked to be managers because they 10x'd a company in 4 years while you were just watching netflix as your desk LOL. Good luck brother.
You’re really bragging that Ensign only 9 got offers? How many people interviewed? Trust me, those 9 came running like little puppies with their signed offers back to HR. You guys really thought you were going to come over here and start running the show, didn’t you? There was one guy who straight up asked to be a manager in his interview. Stop it.
I don’t think Ensign is really being honest with itself. 2023 was shaping up to be a rough year if we didn’t sell. We had made some pretty big promises to our PE backers on dividends throughout the year. Not too mention staff was burned out getting ready for the sale and managing the drilling program. Life is all good now, but thank the lord that we got acquired. Thank you Marathon!!!
“ You plebs all talk a big game. I’m seeing lots of “accepted” on these job offers. Welcome to Marathon. Know your place.” Silly rabbits, they have only sent out a handful of offers (maybe 9)! Don’t flatter yourself buddy! Many of the other folks would rather a severance package!
Waa waa waa. All these bitter Ensign fools sound like they're having a circle jerk with each other.
You plebs all talk a big game. I’m seeing lots of “accepted” on these job offers. Welcome to Marathon. Know your place.
Legacy? Lee Tillman and Pat Wagner have pretty much ruined that for us. These is no future here, only ghosts of what was.
What is your obsession with the Lakers? The last I checked they had a losing record and your boy LeBron was approaching 40 years old and retirement. Now that I type it out, maybe that is a pretty good analogy for Marathon. Good point fella.
I have heard a lot about MRO lately. “The Gold Standard” has never been one of the things I have heard mentioned about them.
Work for legacy? How much does that matter when oil price drops and you get laid off? Think your legacy remains? We all are out here for one reason. Yes that’s money. ENR guys take pride in their work and their dedication to the company who looks out for their guys. ENR has virtually no turnover.
I guess all Ensign cares about is money. There’s plenty of that elsewhere if that’s all you’re looking for in a job. How about experience, pride of work, legacy? It’s like playing for the Lakers vs playing for the Rockets. One team is the gold standard. The other is the perennial lottery team.
A small shop no one has heard of? What good does it do to work for a bigger shop and make less money? Look at those fools making 200k a year, they should make 80k like we (the best) do.
Are MRO hands really bragging about the cr---y money they make compared to ENR? Way to shoot yourselves in the foot on a potential raise when MRO looks over ENR payroll and sees how bad they are screwing their hands.
We ARE too good for them. Ensign - Stop acting like you’re all Lebron James and realize you’re interviewing to be a role player at best.
Most of the Ensign staff had their interviews this week. I've talked to people on both sides of the fence. Basically, neither party wants to hire or work for the other. Marathon is the old money, desperate for staff and thinks it's too good for them. Ensign is the new money, where the staff just got their payouts and don't want to work for large company again. In 20+ years of recruiting, I've never seen anything like this. Get your popcorn ready folks.
Well, it doesn't help when the Eagleford VP tells us, "Come or don't come, we're fine either way." The Marathon meet and greet was memorable and not in a good way.
I'm an outsider to all this, but I haven't spoken single Ensign person that wants to go to work for Marathon. Great time to be a recruiter though. I've never had some many of my calls answered.
Can Ensign run the Eagle Ford production engineering from here on out?
I told him you said hi, and he wanted me to mention you still owe him give bucks
“Not everyone is cut out to be marathon material”… Jaysus, where to start with that one. Funniest thing I’ve read in months. Nothing but top performers over there. Holy bleep. Buncha losers. But somebody tell Pat hi for me.
Fine I'll take it off your hands, but only if you pay me $10 per acre.
Now we’ve got more EF can we please please please please get rid of Permian and Oklahoma. That team is staffed with id--ts anyway. If you need someone to fire nerf g-ns all day, sure, but otherwise they are all worthless.
My brother in Christ,
- Condensate window =/= gas window
- 2012 gas prices =/= 2022 gas prices
- Plus a new market with LNG exports to Europe
- MRO had to do something on inventory
- MRO doesn't really want to be returning any more cash to shareholders than it already is
You do understand this is acreage we had and let go back around 2012 because it was too gassy. We hated the gas window and let all our leases expire only for someone else to pick them up and sell them back to us for $3billion….genius!
Odds on EF Prod Eng house cleaning as part of the integration? Voluntary turnover is 66% in last 60 days.
Nephew, you are very misinformed. The Ensign management team, and many of the staff, are from Murphy and Marathon. They likely had an equity stake in the company. They took a risk on a PE startup and it has paid off. They are laughing at us chumps who are, for some unknown reason, still loyal to MRO.
To the person asking about the Ensign staff, why would we even want any of those people? There's a reason they work for a small shop that no one's heard of. Not everyone is cutout to be Marathon material.
Garage band over pay. You suck Pat. Almost as bad as the Driver.
Did they refer to ROMS prior to the purchase?
Overpaid is an understatement.
Y’all overpaid, again.