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re: Did anyone here actually witness the Lake Peigneur disaster?

Posted on 3/4/21 at 9:54 pm to
Posted by eitek1
Member since Jun 2011
2188 posts
Posted on 3/4/21 at 9:54 pm to
quote:

Without even looking anything up I’m sure I’m not going too far out on a limb to say you are not mistaken.


I’m wanting to say he ended up with 67k out of the deal.

Life has a way of working out. When Chevron bought out Gulf my grandmother got a call out of the blue. Apparently her father had a very small oil company back in the 20’s that was purchased by gulf or a precursor of Gulf. They paid my great grandfather in stock. When Chevron bought Gulf they settled up.
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
26164 posts
Posted on 3/4/21 at 9:58 pm to
quote:

I’m wanting to say he ended up with 67k out of the deal.


Diamond Crystal got a big chunk ($32mm) and they may have paid the miners from that. There would also have been a lot of smaller claims by land owners, home owners, boat owners etc. $67k for a claim with no major physical injury and a short duration of the event where they were in jeopardy is actually pretty darn good for 40 years ago.
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