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Unread 06-15-2010, 09:41 AM
Steplift 72' Steplift 72' is offline
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Join Date: Jun 2008
Location: Constance Beach, Louisiana.....100 feet from the Gulf of Mexico
Posts: 157
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Agreed. Start at the top with the board members and officers of the corporation, that's where underfunded projects originate. Take a well known procedure and have smart and qualified people stretched to the limits by cutting budgets beyond what they know is feasible. That's a recipe for disaster on land, much more likely off the continental shelf. Problem is that in court a board member is well removed from actual nuts and bolts of exploration and production. That's their story and they'll stick to it. I believe criminal charges will follow for ignoring best practices and cutting corners. Unfortunately it will be middle management and front line supervision that takes the fall. Some smart attorneys need to be working the improbable budget cutting angle. I'm on the Gulf Coast of Louisiana, we still have good water over here for now. Meetings are scheduled locally to discuss the potential for oil getting over here near the Texas state line. I'm a bit closer than most, looking at the gulf now. Yeah, I'll sign onto the lawsuit, this is criminal in my opinion.
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