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Started By
Message
re: Eddie Rispone trolling PI Attorneys
Posted on 4/5/19 at 11:21 am to NIH
Posted on 4/5/19 at 11:21 am to NIH
quote:
The President of the Louisiana Oil and Gas Association was asked multiple times in a deposition back in 2014 if the legacy lawsuits affected or drove away business and couldn't come up with a single example
that company that was going to start fracking on the Northshore pulled out because they were afraid of law suits...thats one example.
1
Posted on 4/5/19 at 11:29 am to tgrbaitn08
quote:
In the end, the New Orleans company did find oil almost three miles beneath the earth's surface at its drill site northeast of Mandeville. There just wasn't enough of it to make the venture commercially worthwhile, Helis spokesman Greg Beuerman said. What Helis had hoped to find was enough oil that could be pulled out of the ground over a long period. "This particular lease did not hold those qualities," Beuerman said. So Helis decided to pull the plug rather than spend what Beuerman said would be another $8 million to $8.5 million to bring the well to production.
NIMBY lawsuits =/= legacy lawsuits
This post was edited on 4/5/19 at 11:31 am
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