Thread regarding NEOS GeoSolutions layoffs

E&P division

How is this business doing? I know there were big expectations to raising a couple hundred million, hiring a big name ceo, getting choice acreage and jettisoning the Services group.

But I haven’t read anything regarding funding, executive hires or massive discoveries. Services group is dwindling though not sure that counts

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| 1521 views | | 4 replies (last May 25, 2019) | Reply
Post ID: @OP+RQ2ytKz

4 replies (most recent on top)

The EnergyCON business is doing FANTASTIC. Jonathan Moss Faiman told me it was when we settled up our fraud case.

https://www.standard.co.uk/business/ocado-rival-faced-claims-of-fraud-as-energy-firm-failed-a4149806.html

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Post ID: @7ojla+RQ2ytKz

Unclear who the argentines work for. Ecostim neos ypf themselves?

No doubt they did the best of any team in the company in seizing the cash

Certainly played the ceo for the better part of a decade

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Post ID: @4mym+RQ2ytKz

with only 12 peeps left @neos, I wonder how many r in E&P. May be CEO,CTO &... ? oh.. May be the Neos/ARGENTINa group, with their alleged successes!

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Post ID: @2zyw+RQ2ytKz

No funding despite trying for 3+years

Potential execs never joined despite cfo claims16 months ago

No discoveries heck no prospects or promising acreage

Services down to a handful of folks with no projects - on life support

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Post ID: @uin+RQ2ytKz

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