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Lots of speculation but it will definitely be a much more decentralized operation and any adds to Edmonton region will be Strathcona. Would be shocked if they close Quarry Park just to open a office in Downtown Edmonton (even if much smaller).
 
Gronk! said:
I'm almost certain it will be the Industrial Heartland.
It goes without saying that I hope they establish an office in the downtown financial district.
Click to expand...
With oil prices languishing for months now, I suppose those Calgary office reductions are not a surprise. It would be good if they set up something downtown too, might save some travel to Calgary for their local staff.
 
BASE said:
Lots of speculation but it will definitely be a much more decentralized operation and any adds to Edmonton region will be Strathcona. Would be shocked if they close Quarry Park just to open a office in Downtown Edmonton (even if much smaller).
Click to expand...
Decentralization of an integrated producer sounds to me like they're tooling up to sell/spinoff one or more of their major business units.
 
Not even a sniff on the YYC forum yet……YYC’ers are very good at not admitting when their city falters in any way, shape or form……
 
Exactly! AFTER the 20% head count reduction, the rest to YEG or Sarina.

Kinda like when I worked for CNRL - boss used to say, “unless there is oil coming out of non-producing assets, they won’t put money into it.”
 
I'm going to wait for the news tomorrow. That, to me, is a more prudent move than jumping to conclusions with rumors and hearsay.
 
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