Did you know? As at 29 Sep 2013 there were 163 less drilling rigs operating in the US than at 31 December 2012. Wonder where ALL THOSE JOBS WENT TO? Guess if fracking production does start here there may be some VERY red faces in the plush carpet halls of big oil n gas and government.
Chesapeake laying off 800 workers companywide
Chesapeake Energy CEO Doug Lawler promised that his “transformation teams” would complete their personnel evaluations, designed to get the company down to where it needed to be “competitive” by November 1.
Transformation took less time than Lawler projected, as Tuesday, the former Anadarko Petroleum executive revealed 800 employees “were informed today that they will be leaving the company,” according to a companywide email.