AAET has 60+ Data Scientists, a third or more PhDs.

Support staff and managers around 60 more folks.

Multiple consulting companies doing work— who knows how many are milking us

That doesn’t include all the consultants who run the actual computers for the business. All the accounting, reporting, and all that is a separate budget and group.

Contracts with all these random tech companies and third party companies— Google, MapR, Kinetica, Kelvin, RS energy, Tibco, too many to name.

They’re buying servers, hardware for sensors and experiments, who knows what else!? They don’t acknowledge those expenses cause they’re capitalized.

Travel to projects and all the damn conferences those dumb--ses go speak at.

We even pay a consulting company to recommend consultants— Darcy Partners. I am not joking. $150K a year.

I know AAET is burning $75MM annually, my guess is it’s closer to or above $100MM a year.

Google cloud we agreed to $10MM minimum over 3 years by itself.

AAET is just riding this company into the ground. The worst part is our management would rather have some b---s--- shiny thing to dream about than people doing “boring” work like geology, petroleum engineering, production, etc. Same reason they love Mozambique. They just want something that they don’t look stupid at.

We are literally bottom tier performer in every single US onshore basin we operate in.

There is no company our size that consistently performs as poorly as we do onshore. Truly unbelievable.