Allen: Let me tell ya, alikuk2000, gotta produce. …Me and you have to (expletive) produce...
CH2M Hill cancels plan to sell Alaska operations as oil prices tumble
January 14, 2015
Bill Roth / AND
"In the midst of a steep decline in world oil prices, CH2M Hill has scrapped plans to look for a buyer of its oil-field services operation in Alaska and on Sakhalin Island in Russia, the company said Wednesday.
“The preliminary offers that CH2M Hill has received do not adequately reflect the company’s assessment of the inherent value of the business."
"CH2M Hill had been looking for a buyer for the oil-related businesses it bought from Veco, the company headed by Bill Allen, who was at the center of the political corruption scandal.
CH2M Hill bought Veco in 2007, the same year Allen and a vice president, Richard Smith, pleaded guilty to bribing [Alaska] public officials and other crimes."
You gotta produce, alikuk2000!
Remember VECO's CEO Bill Allen?
FBI Tapes from
Anchorage Daily News
Veco chief Bill Allen and vice president Rick Smith are drinking in Suite 604 midway through the legislative session. They’re talking about the need to pass legislation that would help develop a natural gas pipeline.
Allen: Let me tell ya. We gotta produce. …Me and you have to (expletive) produce...
Smith: You have to get dirty and you have to produce. I understand that.
Allen: Right here....
Smith: We have to be careful how we do it.
Allen: For sure.
Smith: Yes, we have to do it. It’s.. and we’re doing it.
Allen: But our clients have to know what we’ve done.