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re: Did anyone here actually witness the Lake Peigneur disaster?
Posted on 3/4/21 at 9:54 pm to Martini
Posted on 3/4/21 at 9:54 pm to Martini
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 on 3/4/21 at 9:58 pm to eitek1
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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