It appeared that the company didn't take $50 oil very seriously. Now that we are seeing $30 oil we are going to regret not acting faster. There are still many, many opportunies to reduce cost in the tower and in the field. Our competitors have already acted on a number of these items.
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Agree. Competitors are way ahead
To contain costs they shouldn't have built that silly tower to begin with. It's was a complete waste of time, money and "worker productivity."
That was a burn! There are a lot of people in IT that are goof offs and haven't a clue.
Stick a fork in Devon. We're done. We'll be lucky to be acquired before we have to liquidate.