Recently heard from automation lead at CNRL that they are going to buy Kearl.
Does anyone have some information?
7 replies (most recent on top)
Ahh yes, the illustrious-all-knowing automation lead. Listen, I have been at Kearl since 2013 and left two years ago. The number of oracle like contractors who walked through the door to the control room and spewed some nonsense about "a guy I know whos high up at X-Company" discussing the sale of Kearl was almost immeasurable. The worst, however, is the time-tested line "a cleaner overheard so-and-so talking, the cleaners are the ones who really know whats going on since they're in everyones offices."
These stupid folklore, adult telephone game like rumors only get worse when a pile of big wheels are seen touring the place. "Last week, there were ten executives here from Amazon, I saw Jeff Bezos myself, theyre probably gunna buy Kearl and use it to start Prime Gas Stations."
Kearl has been bought and sold in perpetuity if you listen to these losers, should be on its 69th owner by now. Has EM and IOL considered dumping Kearl? Yes. Have they considered laying it up for a few years? Yes. Is Kearl for sale? Probably. Has Kearl been sold? No one knows, especially not some automation loser. The only way anyone will ever know if Kearl sells will be when you wake up at 5am, scroll the news, and see that Kearl has been sold from an IOL press release made at 455am just like when Shell sold Albian.
ah, yes. The well placed automation lead that rubs shoulders with Murray Edwards.
@gh it's 18-20 percent at best with a government that doesn't give it's full support. Guyana and the Golden pass will eclipse Kearl and when it does, it'll be on the block.
Not yet. Not in this terrible investment environment. There have been talks before. its an option at a later date.
Heard similar rumours dozens of times. Don’t think ExxonMobil will give up 25% of its total reserve without taking a hit to its stock price. And, IOL will be reduced to nothing.
What automation lead ?
Username doesn’t check out