I don't know the details of what went on internall
Post# of 39368
I don't know the details of what went on internally last year but I assume the following: Reid and Gwynn and others had done their analysis and structured a good plan for W. Texas which worked on paper. Maybe someone else worked the analysis and plan. Regardless they put the analysis and plan in motion with an individual in charge of executing it but that individual did everything but follow the plan. That individual fought the plan "tooth and nail" and never executed. Meanwhile this same individual communicated false results of the analysis and plan back to headquarters and all the facts were false and/or misleading. In addition the senior management also failed because they should have gotten off their duffs to travel to W. Texas monthly or more frequently to "get on the ground and work with everyone involved" just as the subordinate should have been doing all along. Time to get real and Bull is doing a great job. Lots to learn in a short period of time and many many hours out in the field. I hope headquarters is working just as hard in parallel to mitigate any W. Texas risks and to bring in additional projects on additional leases. This should not become a one man show! I don't know what headquarters is doing on a daily basis but it isn't being communicated and it has the same feel as last years BS. The only progress all longs know of is W. Texas. Belize is suspended but might start up again in the coming weeks. What else is being accomplished by the rest of the company? Any ongoing analysis and planning on future X-factors? Any ongoing analysis and planning of the Louisiana leases? What the hell does Warren do as CFO on a day to day basis? It can't be keeping the 10K coming in on time! Thank goodness for Bull!
![Like This Post](/images/thumb-up.png)
![Dislike This Post](/images/thumb-down.png)