Friday, January 20, 2017

Another entry in the journal of "It is so very OVER!"

January 20. 2017
By Casey Smith

Samson Resources Corp. (click here) has laid off 66 employees at its Tulsa headquarters and 70 overall, the company confirmed Thursday.

As of this fall, Samson had employed about 200 at its Tulsa headquarters and close to 400 employees companywide.

The shale-oil driller filed for Chapter 11 bankruptcy in September 2015 when it was $4.2 billion in debt.

Developments in the case, which was filed in the U.S. Bankruptcy Court for the District of Delaware, have included the sale of several oil-and-gas property interests to raise more than $600 million for creditors....

...Samson was founded during the early 1970s by Charles Schusterman. The Schusterman family sold the oil and gas driller to private equity firm Kohlberg Kravis Roberts & Co. for $7.2 billion in 2011.

It is amazing how some people can see the handwriting on the wall while others see millions in false hopes.

While yet others are committed to making it work for the best outcomes.

January 20, 2017
By Casey Smith

...2. Who are some of the network’s customers (click here) and what is the production capacity like?

The BOK arena is supplied steam and chilled water. It can use as much as 2,700 tons of chilled water and 20,000 mlbs. (millipounds) of steam an hour.

The David L. Moss Criminal Justice Center is supplied steam and chilled water. The building can use as much as 2,500 tons of chilled water and 33,000 mlbs. of steam an hour.

3. What trends in corporate sustainability have there been in recent years?

Companies around the world are learning that sustainability is more than a buzzword; they’re understanding that evaluating how they’re using water and energy resources and then finding ways to do so more efficiently, contributes to a healthy bottom line.

Sustainability is at the very core of Veolia’s three business activities, and we’re actively working to provide valuable solutions for municipalities, business and industry so that together, we use resources more wisely and replenish and protect them.....