Wednesday, August 04, 2010

Food and Water Watch Looking to Shutter BP's Atlantis Field in Gulf

Food & Water Watch has accused BP (BP-$40.00) and its minority partner, Melbourne-based BHP Billiton (44% working interest), of operating the Atlantis platform in the Gulf of Mexico without proper documentation required by law – and necessary for safe operation (including maintenance).

In addition, the group claims that the Interior Department and Secretary Ken Salazar have done almost nothing to “protect the Gulf from another potential calamity,” and it’s urged members of Congress to either legislate — or formally request President Obama to issue an executive order — shuttering BP Atlantis until legally required safety documentation is presented for public review.


Editor David J Phillips does not hold a financial interest in any stocks mentioned in this article. The 10Q Detective has a Full Disclosure Policy.

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