Sandridge was doomed from the beginning. Was never a real oil and gas company. It was just a vehicle for the Officers and Directors to take a joy ride through Wall Street. Wells are non-economic at $100 oil. None of the debt will ever be paid back. Sandridge was doomed from the beginning. That's my opinion, Good Day!
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It was a joke. You can tell by the people they first hired. That it was a joke. Tom ward was so low key cause he knew he was on cooperate joy ride, but he was cool though with his music in the morning. He still benefited the community and hired people that weren't at some peoples liking (all the fake whiteys) but it was because he's real.
Exactly right and people forget about how much Tom and Aubrey made on their own private hedge fund WHILE CEOs of public companies. For the life of me, I don't know why more stockholders aren't suing over this bullshit.
Looks like 141461's post might be correct when you think about it. Tom Ward sure made a bundle for drilling non-economic wells and then received a ninety million dollar exit payment to get off the ship before it sinks.
This looks oddly familiar to the type of garbage that is posted on the CHK layoff.com page. Are there not enough threads going on over there to keep you entertained? Have fun in the next few weeks.