Darn economy!

[michika]

Originally Posted by Ryan

Heck no we are still going strong up here. Talismen just booked both our trucks for 10 days in Fox Creek and scince then we have been working for Galleon or CNRL non stop scince new years.

Originally Posted by GreenSpottedPuffer

???

LOL...I wouldn't even be able to guess what this means.

Talisman seems to be in a better position then some other companies who set their budget with oil at $40, $50, and even $60 a barrel. The company set our budget at approximately $30 a barrel, and have recently started redeploying and moving into unconventional drilling. While we are well positioned, and are not currently laying off anyone, we are re-deploying people to different projects. Although right now we are experiencing a hiring freeze, and I suspect if the economy worsens, then the company will begin layoffs.

Sorry guys about having been handed your pick slips, I hope things perk up and you make it through this unscathed. It sucks because its hard on everyone.