re: Taylor Energy and 14 years of leaking oil

I was actually on the kill team that drilled into the wells and pumped cement into them (I ran special MWD tool that would get bit close to wells). Ten of the 28 wells were done first and chosen as the ones that were leaking oil or they thought were the culprits. Mrs. Taylor put up a large portion of the money (can't remember but in the hundreds of millions) and we did the first ten. Years later still leaking and she said she's not putting up anymore money to do anymore and that's where it's at. She said she's done with it. She inherited the company from her late husband who the LSU Engineering Dept is named after. They're a very wealthy New Orleans couple and from all accts a very nice and giving charitable family. It's a sad situation though.