http://www.sec.gov/Archives/edgar/data/313807/000119163810000550/bp201005056k.htmBP today announced that it has stopped the flow of oil from one of the three existing leak points on the damaged MC252 oil well and riser in the Gulf of Mexico. While this is not expected to affect the overall rate of flow from the well, it is expected to reduce the complexity of the situation being dealt with on the seabed.
Three leaks?
Separately, BP announced that it has made $25 million block grants to each of the states of Louisiana, Alabama, Mississippi and Florida to help accelerate the implementation of Area Contingency Plans (ACPs). These approved plans address the removal of a worst case spill and are designed to mitigate or prevent a substantial threat to sensitive areas.
Anyone hear about these block grants on the MSM?
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