00:00 - 00:03 | Good morning, I have asked Engineering to join us today |
00:04 - 00:05 | to discuss our program |
00:05 - 00:07 | in the Bakken shale play |
00:08 - 00:12 | where we have drilled 393 wells, only 26 have paid out costs... |
00:12 - 00:15 | and where we now have just 16 locations left to drill in our core area. |
00:17 - 00:19 | Yes, well, we need more money... |
00:19 - 00:21 | we can fix this, we just need more money. |
00:24 - 00:26 | Boss... |
00:27 - 00:28 | the bank... |
00:31 - 00:33 | the bank has revoked our revolving line of credit... |
00:34 - 00:36 | we are now kaput. |
00:53 - 00:58 | OK, I want all reservoir engineers who promised me 1.5 million BOE EUR's to leave the room, now. |
01:13 - 01:15 | SHIT ! I NEED MORE MONEY |
01:15 - 01:17 | I HAVE TO HAVE MORE MONEY ! |
01:18 - 01:23 | WHERE ARE ALL THE PUD's I WAS PROMISED...THOSE IMBECILE ENGINEERS IN THE HALL HAVE |
01:25 - 01:28 | FAILED, THEY HAVE FAILED US ALL |
01:29 - 01:31 | I WANT THEM ALL SHOT ! |
01:31 - 01:34 | SHIT ! $23 OIL PRICES, NO MORE FLARING, 18% INTEREST |
01:34 - 01:37 | ...NOT EVEN EOG CAN MAKE A PROFIT WITH THESE PROBLEMS ! |
01:37 - 01:40 | I NEED MORE PUD's, MORE RESERVES...MORE MONEY ! |
01:40 - 01:42 | Boss, I cannot just make reserves up out of... |
01:42 - 01:46 | YOU DOOMKOPH, WE HAVE BEEN LYING ABOUT RESERVES FOR 10 YEARS... |
01:46 - 01:48 | Sir, the SEC is already on our asses, they will... |
01:48 - 01:52 | SWINE SHIT ! I DON'T CARE ABOUT THE SCHTINKING SEC, THOSE IDIOTS... |
01:53 - 01:54 | AND I AM SICK OF SHAREHOLDERS TOO |
01:56 - 01:57 | THEY WANT FREE CASH FLOW...DIVIDENDS... |
01:57 - 02:00 | NOBODY CAN DRILL THIS SHALE SHIT AND DO THAT ! I AM NOT |
02:00 - 02:03 | A MIRACLE WORKER...WHO ARE THESE IDIOTS ?!! |
02:04 - 02:08 | ...AND FIND ME THAT DUMBASS ENGINEER WHO STARTED USING 18% TERMINAL DECLINE RATES |
02:08 - 02:13 | I WANT THAT PERSON SHOT, SHOT I TELL YOU ! SHIT, THIS IS UNBELIEVABLE ! |
02:14 - 02:16 | HOW CAN I PAY ALL THE NOTES WITH THESE PROBLEMS ?! WHO |
02:17 - 02:21 | IN THE HELL DO THOSE BANKERS THINK THEY ARE ? SHIT ! |
02:27 - 02:29 | We are going to lose our jets... |
02:30 - 02:34 | HOW CAN I FLY TO NAPE EVERY YEAR WITHOUT A JET ? THIS FORSCHTINKIN' |
02:34 - 02:36 | JOB IS WORTH WAY MORE THAN $ 18 MILLION A YEAR ! |
02:41 - 02:42 | I hired all you worms from Halcon... |
02:43 - 02:47 | because...YOU SAID THIS TIME YOU COULD GET IT RIGHT, THAT THIS TIME WALL STREET WOULD LOVE US ! |
02:48 - 02:53 | YOU DUMB BASTARDS CAN'T FIND OIL ON A GARAGE FLOOR ! |
02:54 - 02:56 | We must sell what assets we have left... |
02:56 - 02:59 | we need to do another MLP, a royalty trust...FIND SOMEBODY TO DO A JV WITH |
03:00 - 03:02 | HELL, MAYBE THOSE NINKAPUTS AT OXY WILL BUY US ! |
03:04 - 03:07 | See, we can go to work for Vicki Hollub. |
03:14 - 03:16 | Where is my chief financial officer ? |
03:19 - 03:23 | He said he could keep the books cooked, that there would always be money... |
03:25 - 03:26 | ...always. |
03:31 - 03:33 | I want that sumbitch shot before nightfall. |
03:40 - 03:46 | This is it boys. Those asshole analysts on CNBC ruined us, our shareholders will |
03:46 - 03:49 | surely fire us all and send us to the Russian front. |
03:53 - 03:56 | It's colder there than North Dakota. |