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re: CHK layoffs
Posted on 9/9/13 at 4:31 pm to rmc
Posted on 9/9/13 at 4:31 pm to rmc
quote:
McClendon bought up assets with wreckless abandon.
It seems pretty well known in the industry that while they may have some solid assets, they are significantly over-extended.
Makes sense that they would reorganize, downsize and divest.
1
Posted on 9/11/13 at 1:35 pm to kennypowers816
quote:
It seems pretty well known in the industry that while they may have some solid assets, they are significantly over-extended.
seems like they desperately wanted their name to be one of the firsts in all of these unconventional plays and definitely over-extended because of it.
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