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REMARKS FOR THE
NEW EMPLOYEE MEETING
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Roll Call
—Ann Bryant
—Derima (Da Ree Ma) Cockrell
—Mitchell Contreras
—Lavoice Crites (La Voice Krites)
—Randy Deputy
—Andy Juett (Jew et)
—Jerry Lane
—Denise Merritt
—Joann Rogers
—David Simpson
—Jayashree Sreedharan (Jay A Shree Shreed Ha Ran)
—Sherrie Thompson
—Vicky Tijerina (Tee Hair eena)
—Lisa Venhaus (Ven Hoss)
—Margaret Willis
—Harold Youmans
Mesa draws most of its employees from the local area. . .only two of you from outside the Panhandle
—10 of 17 from WTSU, 2 from Amarillo College and one from Texas Tech. . .And people ask why I’m so interested in our area
schools
Purpose of meeting. . .Acquaint you with MLP. . .Management’s philosophies and goals.
I’ll talk for a little while, then I’d like to hear what’s on your minds.
Partnership structure (Explain uniqueness).
Discuss obligation to unitholders. . .employee ownership.
[Handwritten addition: 1956-2500 Today-$310 mm (expound)]
Conviction that Mesa is the best company in the industry. . .model for Corporate America.
Mesa is a young, progressive company providing excellent opportunities for all employees.
Management commitment. . .to recruit and retain only top-quality personnel. . .you’re the cream of the crop.
Simple operation:
—Nothing manufactured
—Explore for, acquire and develop oil and gas
(Give update on the petroleum industry)
Organization; became public in 1964.
Growth:
—American Stock Exchange 1967
—New York Stock Exchange 1969
—Hugoton 1969
—Pubco 1973
—Ashland 1979
—Mesa Royalty Trust 1979
—Texaco/Sequoia Partnership 1980
—Mesa Offshore Trust 1982
—Mesa Limited Partnership 1985
—Pioneer 1986
—Trying for Tenneco 1988
Total of 577 employees:
—374 in Amarillo/Fain
—38 in Ulysses
—165 in other field operations
Outstanding employee benefits package, ranked top of the industry in independent surveys for the past two years:
—#1 in ’87, #2 in ’88. . .Would’ve been #1 this year but for an unusual, one-time situation.
Maximum participation encouraged.
Benefits provided:
—Medical, dental, life insurance
—Profit sharing plan
—Educational assistance
—Physical fitness program
—WellPlan
—(New) Chemical Dependency Program
Since Mesa does not have a large number of employees, maximum effort and efficiency are essential (explain philosophy).
Supportive attitude.
Fit-Time schedule for physical fitness. . .don’t abuse the policy.
Personal telephone calls.
Proper attire. . .look like bush league, play like bush league.
Political awareness; be informed and active.
Professionalism; don’t be a griper. Be above office gossip and speculation (rumors of move). . .Mesa management will keep you informed. . .No surprises.
Community involvement encouraged; despite what you may read in the paper, Mesa is a major contributor to the Panhandle area.
Mesa and employees injected $87 million directly into the Amarillo economy last year. . .payroll, purchases from local businesses, cash distributions to local unitholders, taxes and charitable contributions.
U.S. Chamber of Commerce multiplier effect. . .$87 million equates to a $348 million impact on the economy and creates hundreds of other jobs.
Mesa employees are the best paid, most skilled group of workers in the area. . .we’re high profile. This will be a problem for you.
City’s lawsuit against Mesa. . .(Brief outline).
Get to know the company. . .be able, willing and proud to talk about it.
You can be proud of Mesa’s and your significant contributions to the area.
But most important. . .Enjoy your work; be happy or leave; you owe it to yourself, family.
Football coach; assemble the players, make the team. #1 company; we expect more and we provide more.