And the Noble saga continues....trying to sell a piece of it's Israel assets to fund an increasingly diminishing exploration portfolio but nobody will bite, especially after their reserves are knocked back 20%. Trying to play in Gabon where the majors won't go. A string of expensive drilling failures over the last 3 years, last successful well was Gunflint, a step out from an existing borehole. And still the band plays on, more GAP, more Breakthrough thinking and trained intuition 'cause Noble does not need proper geoscience when you have a GAP trained geographer calling the shots and there are egos to be feed. Folks, myself included, will leave in droves when the price of oil gets back up. Noble stinks from the inside out
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Call the media. Bunches will support you
Noble is rotting from the roots up, also rotting from the head down, and rotting from the inside out. That pretty much covers it.
When the root of tree is rotten, it does not matter how much you water it or use the best fertilizer, it won’t survive. We all know that Fisher, geographer Susan and Dave Stover are the main reasons Noble has problems. Why cannot the Board of director fire these three egotistical and worthless people and save rest of the company? Perhaps it is the time to bring local media into this issue if BOD cannot do their duties. We definitely do not want another Enron.
Clawback provisions, because these exec's decisions blow and everybody knows it!
Noble has never been a technology company.
Gamblers than won for a while.
Luck ran out.