Thread regarding Denbury Resources Inc. layoffs

This company is screwed up from the top down!! Please someone buy us

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| 1901 views | | 5 replies (last February 17, 2016) | Reply
Post ID: @OP+E5fCw2y

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Geologist 38 years - I was laid off in 1992 from the finest independent oil company in Dallas. Two more busts - in 2008 and now. Company geologist and engineers frequently bitch all day about their current employer - but they probably couldn't make it out here as an independent.

I also went through the agony and anxiety of waiting to be laid off, but it was ENTIRELY MY FAULT that I didn't have the balls to change jobs/career path when things were "good". Does that sound familiar ? My best friend just got laid off from PItts OIl Company in July after 27 years. He was the ONLY one laid off. There is no loyalty in the oil and gas business anymore. As I told a new Masters geophysics grad from Baylor last month, "now is a good time to assess if you really want to be in our business and deal with this manic-depressive ride to hell and back for the next 40 years. Or, do you want to do something else? "

My heart and prayers go out to the Denbury geological staff,. especially those who have been 'movers and shakers', volunteering in our geological community (DGS, SIPES etc). The people that have seen you work as a volunteer will be glad to open any door they can to help you. We already know who you are. As for the rest of you bastards that were always too important or busy to serve, "No one even knows who you are ! You are all leeches that let the rest of us do the work and

your only involvement has been when you bitch to us about the speakers or the luncheon menu. "

In 1992 -93, I had 205 interviews before I gave up and became an independent. Thank God my wife had just finished nursing school. NOTE_ you young guys need a spouse that works, or can work when things get shitty. It will get better eventually, then it will get shitty again. You can bank on it.

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Post ID: @1Ueff+E5fCw2y

To: What a Joke - I think I know the field you are writing about.

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Post ID: @1uson+E5fCw2y

Glad I didn't buy much stock when I worked for them. It has tanked!

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Post ID: @Votk+E5fCw2y

For a company that supposedly was the best hedged in the industry through the end of 2015, its revenues were hammered as bad or worse than anybody. What is going to happen when the oil hedges expire? Were the hedging claims just BS?

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Post ID: @Sdiq+E5fCw2y

I agree with you 100 %! Most disappointing job I have ever had.Safety and doing your job are non existent.Flexible working hours means show up if you want to.Wells left with lockout caps on daily. Fire extinguishers missing from trucks and test sites.Running over deer with the company trucks and laughing about it in safety meetings.Racing company trucks. Working on 4 wheelers and boats on company time.Who would want to work in a culture such as that .Some one who does not care about their job,environment,landowners, or the community. What a joke.

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Post ID: @Rzux+E5fCw2y

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