BP-owned company gets first deepwater drilling permit since disaster — Largest shareholder by far


BP Owns Almost Half of Approved Deep-Water Well, National Journal, March 1, 2011:

BP owns nearly half of the deep-water well that the Interior Department approved on Monday, National Journal has learned.

BP... owns 46.5 percent of the newly approved well. Noble Energy, which operates the well, has 23 percent ownership. A spokesman for Noble confirmed BP's share of the well – the largest of the four companies that have a vested interest.

Brad Whitmarsh, manager of investor relations at Noble Energy... would not comment on BP’s involvement in the well. ...

The other two companies with a working interest in the well are Houston Exploration and Red Willow.


BP owns part of Noble well that got first permit
, Reuters, March 1, 2011:

BP... co-owns the well that received the first deepwater drilling permit since the disaster.

1 comment to BP-owned company gets first deepwater drilling permit since disaster — Largest shareholder by far

  • monkey99

    WTF?!

    how is it even possible that BP,who is primarily responsible, along with HALLIBURTON and Transocean, for this godforsaken Gulf mess,can be the FIRST company to be issued a drilling permit after a moratorium they were responsible for in the first place???

    I am floored! Who has yet to call our dear president or your corrupt representatives to throw a fit?? Here, let me help you with this.

    http://www.whitehouse.gov/contact

    http://www.contactingthecongress.org/

    Excuse me now, i need a stiff drink.

    p.s. the gatekeepers on the phone are generally quite nice and they WILL log your outraged complaint.

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