RE: Rns10 Dec 2024 07:27
Nonsense. we have the cash to pay them and under normal circumstances that's what would happen, however ;
High-Risk Projects: Schlumberger may accept shares as part of its compensation if the project carries high risk but promises significant upside, aligning its interests with the success of the company.
Strategic Partnerships: In cases where Schlumberger sees long-term value in a strategic relationship, it might accept shares to strengthen ties with an operator or gain access to prospective assets.
Service-For-Equity Agreements: These agreements are not uncommon for companies seeking to leverage their services to gain a direct stake in promising assets, especially during challenging economic times or in new resource areas.