• Joe Springer
    CHK laying off workers as it runs out of money to drill: http://bit.ly/L3gZGX;CHK&ticker=CHK:US
    6/20/12
    Reply (5)
    • Energysystems: Did you read an article, or just assuming? They stated why they're laying off in area that went from 44 rigs to 2 lol
      6/20/12
    • Joe Springer: Their cap-ex was widely expected to be slashed, by widely I mean Paulo Santos
      6/20/12
    • DaLatin: Carl & the other group are true # crunchers and they smell value. He has a better than average batting average ! No ?
      6/20/12
    • DaLatin: Well, looks like they've lined up a big buyer as SA just posted !
      6/20/12
    • Energysystems: Haha, I'm not a buyer nor anywhere near a bull on them Joe. But they cut meaningless jobs in an area that they're now barely drilling.
      6/20/12