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REMARKS FOR THE NEW
EMPLOYEE MEETING,
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Roll Call
—Bill Ballew
—Mark Born
—Dee Cravy
—Brenda Crow
—Natalie Englebrecht (Ing-gul-brekt)
—Inda Fleming
—Conn
Flowers
—Mark Foreman
—Tracy Garvey
—Gloria Gilbert
—Jeff Gray
—Stacy
Herrmann
—Vince Homer
—Julie Jackson
—Louise Lackey
—Patricia Lyles
—Lisa Reed
—John Robinson
—Laurie Schmidt
—Curtis Sinclair
—John Smith
—John Sobchak (Sob-chack)
—Mike Tibbets
—Tanya Tucker
—and Snoma Witt
Mesa draws most of its employees from the local area ... only four of you from outside the
Panhandle:
—13 of 28 from WTSU, 2 from Amarillo College ... People ask why I'm so
interested in 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).
Obligation to unitholders, employee
ownership ... 1956— $2,500. Today — $310 million (Explain)
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 (Average age is 36).
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
—Tenneco Mid-Continent 1988
Total
of 656 employees ... we added 83 in December:
—376 in Amarillo/Fain
—280 in various
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 in '88
but for an unusual, one time situation.
Maximum participation encouraged.
Benefits
include:
—Medical, dental, life insurance
—Profit sharing plan
—Educational
assistance
—Physical fitness program
—WellPlan
—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 (Mesa PAC).
Professionalism; don't be a griper. Be above office gossip and speculation ... 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 $94 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 ... $94 million equates to about $376 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.