Coast Guard responding to rig fire Gulf of Mexico; people reported in water

Originally posted by DragonFire1024
1 mile long, 100 foot wide Oil sheen from Mariner energy rig explosion spotted in water: Oil sheen seen near burning platform -Coast Guard

That sounds quick.Which can't be good.
What magnitude disaster is this going to turn into?

If, and that is a big if, these are not accidents the most likely suspects would be people who would profit or benefit from Cap and Trade as they were clearly trying to falsely use this to justify it. With a potential of a hundred billion dollars at stake, who knows.

The list would include Gore, Goldman Sachs and Obama after he leaves office who we know has friends who are heavily involved in the Chicago Carbon Exchange. I don't know, what would people stoop to over that kind of money, even a sitting President? He may not be an owner but if he gets that travesty passed, surely he would get rewarded heavily for the rest of his life.

Oil spills have absolutely no relationship to Cap and Trade but we all know how hard Obama tried to link them together. Considering how dishonest he is, anything from him is possible. I can't remember a bigger liar than Obama since Nixon. He has no ethics, so could this be something other than an accident?

A bit more from Mariner:

Mariner has notified and is working with regulatory authorities in response to this incident. The cause is not known, and an investigation will be undertaken. During the last week of August 2010, production from this facility averaged approximately 9.2 million cubic feet of natural gas per day and 1,400 barrels of oil and condensate. Updated information will be provided as available.

finance.yahoo.com...

"Not producing" huh? Technically it is only a few days into September... so they can claim no production for the month.... hence "Not producing." More disingenuous PR-speak for the masses.....



EDIT to tack this on from Reuters....

In an initial flyover, no hydrocarbon spill was reported, the Houston company said in a news release.

.....

Shares of Mariner fell 4 percent to $22.41 in early afternoon trading on the New York Stock Exchange. (Reporting by Anna Driver in Houston)

Nicely reported - straight from the corporate press release office!

www.reuters.com...

[edit on 2-9-2010 by Maxmars]

From what I read, i will have to try and find it again. This was not a drilling rig but a processing rig.

So on the one hand we know how much oil is on the rig and now much is going to be in the gulf....

The New Orleans Tiems-Picayune descrbies the facility, called Vermillion 380, as a "fixed, manned production platform." The newspaper says the platform is not involved in drilling and, unlike the ill-fated BP rig, is not a floating rig, but rather is a fixed platform.

it is in an update on my original USA Today link.

reply to post by Maxmars


Great find Maxmars!

Funny how the original story is set up in such a way as to be fact and as more time passes and more information is learned/ researched/ leaked the original story will be modified to reflect this so as to not discredit the news agency for providing false information.

Here are the folks manning the Board of Directors:

Scott D. Josey
Chairman of the Board
Bernard Aronson
Director
Alan R. Crain, Jr.
Director
Jonathan Ginns
Director
John F. Greene
Director
H. Clayton Peterson
Director
Laura A. Sugg
Director

I'll let someone else connect the dots.....

reply to post by Maxmars


Bernard Aronson

www.cgdev.org...

He also serves on the board of directors for the National Democratic Institute for International Affairs and is a member of the Council on Foreign Relations where he co-chairs the Task Force on U.S.–Cuban Relations in the 21st. Century.

The CFR really?!?!?!?!?

I hate to monopolize the thread ... but here's some more background for the players...

Energy giant Apache acquires competitor for $2.7 billion
www.techjackal.net...

Energy company Apache has made a second big deal this week to expand its oil and gas assets in the Gulf of Mexico. The company acquired rival energy company Mariner Energy on Thursday for $2.7 billion, continuing Apache’s goal of moving farther into the Gulf of Mexico for deepwater projects. .....

Earlier this week Apache spent $1.05 billion to acquire drilling assets from Devon Energy in the Gulf, an amount that was much more than many analysts expected it would cost. .... The company will also assume nearly $1.2 billion in debt from their purchase of Mariner.

Apache’s moves this week will help to block the expansion of Chinese companies into the Gulf of Mexico.

Apache is the one to watch here.........

Historical info:
www.apachecorp.com...

Key dates

* Dec. 6, 1954: Apache was founded.
* 1959: Apache diversified until oil and gas demostrated long-term viablility and profitability.
* 1967: The Fagerness No. 1 discovery puts Apache on the map.
* May 27, 1969: Apache's stock was listed on the New York Stock Exchange, opening at $30.50 per share.
* 1971: Apache Exploration Company was formed, which brought renewed emphasis to oil and gas.
* 1977: Apache sells diversified assets.
* 1981: Apache Petroleum Company was formed, the country's first Master Limited Partnership.
* 1982: Acquisition of Dow Chemical's oil and gas assets by APC; beginning of growth through acquistion.
* 1986: Oxy acquisition and imminent tax reform leads to restructuring as a pure exploration and production company.
* 1987: Headquarters moves from Minneapolis, Minn., to Denver, Colo.
* 1988: Decision to go international; Apache is years ahead of its peer group.
* 1991: MW Petroleum acquistion formalizes “acquire and exploit” and precipitates headquarters' move to Houston.
* 1993: With Hadson acquisition, Australia becomes first international core area.
* 1995: Dekalb merger marks return to Canada after 25-year absence and formation of second international core area.
* 1996: Earnings reach $100 million for the first time.
* 1996: Phoenix merger makes Egypt third international core area.
* July 22, 1997: Standard & Poors added Apache to the S&P 500 index.
* 1999: Shell GOM acquisition marks beginning of Apache's pre-eminence on the Outer Continental Shelf.
* 1999: Shell Canada acquisition: $518 million.
* 2001: Fletcher Challenge acquisition: Canada, $677 million.
* 2001: Repsol acquisition: Egypt , $447 million (which brought operatorship of Khalda).
* 2003: BP North Sea acquisition adds fourth international core area.
* 2003: Qasr No.1 in Egypt: At 2-3 TCF, it marks the largest onshore discovery in the company's history.
* 2003: Earnings reach $1 billion for the first time on record reserves and production.
* 2003: BP acquisition: UK North Sea , $650 million.
* 2003: BP acquisition: Gulf of Mexico , $650 million.
* 2003: Shell acquisition: Gulf of Mexico, $200 million.
* Jan. 12, 2004: Apache dually lists on the NASDAQ stock market.
* 2004: Anadarko acquisition: Gulf of Mexico, $525 million.
* Oct. 26, 2004: Apache share price doubled in four years, adding more than $9 billion in shareholder value.
* 2005: ExxonMobil agreements: West Texas, Western Canada, onshore Louisiana and the Gulf of Mexico Continental Shelf
* 2005: Anadarko acquisition: Gulf of Mexico, $525 million.
* 2006: Amerada Hess acquisition: Permian Basin of West Texas and New Mexico.
* 2007: Year end earnings hit record of $2.8 billion or $8.39 per share.
* 2009: Apache Founder Raymond Plank retires after 54 years of service.

I found this one interesting;

* 2003: BP acquisition: Gulf of Mexico , $650 million.

Anyone, anyone?


[edit on 2-9-2010 by Maxmars]

1 Mile long oil sheen reported on CNN

Originally posted by Vodo34861
reply to post by Maxmars

 

Bernard Aronson

www.cgdev.org...

He also serves on the board of directors for the National Democratic Institute for International Affairs and is a member of the Council on Foreign Relations where he co-chairs the Task Force on U.S.–Cuban Relations in the 21st. Century.

The CFR really?!?!?!?!?

Sweet... now my tin foil hat is really buzzing.... CFR - carbon credits - green propaganda - crisis after crisis - politics - corporate power - oh my!

reply to post by Maxmars


I think you are correct in that Apache is the one to watch in all of this, sadly I am at work right now and cannot devote the time to research the story as much as you are Maxmars so thank you for the contributions!

reply to post by Vodo34861


I am afraid I have done as much as I can for the moment too.... but your research was very much appreciated by me nevertheless.... Thanks!

reply to post by Vodo34861


Ok, now Im going to have to say : "WOW" the plot definitely thickens with a full compliment of conspiritorial constituents! Thats a pretty remarkable connection to the Holy Grail of conspiracy...ie CFR/Bilderburg etc...

Ok guys Ill do some follow up on Apache, heres their Board of Directors for your perusal:

Apache Corporation is an independent energy company that explores for, develops and produces natural gas, crude oil and natural gas liquids. Our mission is to grow a profitable company for the long-term benefit of our shareholders by building a portfolio of core areas which provide long-term growth opportunities.
Board of directors
»G. Steven FarrisFrederick M. BohenRandolph M. Ferlic, M.D.Eugene C. FiedorekA. D. Frazier, Jr.Patricia Albjerg Graham John A. Kocur George D. LawrenceF.H. MerelliRodman D. PattonCharles J. PitmanCommittees
»Audit Committee»Audit Committee procedures for reporting complaints regarding accounting mattersCorporate Governance and Nominating CommitteeManagement Development and Compensation Committee Stock Option Plan CommitteeSection 16 filingsBoard of directorsHome/About Apache/Governance/Board of directors
G. Steven Farris
Chairman of the board, Chief Executive Officer
Frederick M. Bohen
Senior Advisor, Former Executive Vice President and
Chief Operating Officer, The Rockefeller University
Randolph M. Ferlic, M.D.
Private Investor; Founder and Former President, Surgical Services of the Great Plains, P.C.; Director, Nebraska Medical Center; Commissioner, Midwestern Higher Education Compact
Eugene C. Fiedorek
Private Investor; Former Managing Director, EnCap Investments L.C.
A. D. Frazier, Jr.
Chairman and Chief Executive Officer, Danka Business Systems PLC.; Chairman, WolfCreek Broadcasting, Inc.
Patricia Albjerg Graham
Charles Warren Professor of the History of Education Emerita,
Harvard University
John A. Kocur
Attorney at Law; Former Vice Chairman
George D. Lawrence
Private Investor; Former Chief Executive Officer,
The Phoenix Resource Companies, Inc.
F.H. Merelli
Chairman of the Board and Chief Executive Officer, Cimarex Energy Co.
Rodman D. Patton
Former Managing Director, Merrill Lynch Energy Group;
Director, Valero GP, LLC



[edit on 2-9-2010 by Shadowfoot]

reply to post by Shadowfoot


yeah I was thinking the same thing.

What I was able to find on the other board members was just run of the mill oil professionals no real ties to anything.

The only other info that I need to look at is a few board members are part of ACON Investments, L.L.C.

I have not had a chance to look into that company.

www.aconinvestments.com...

reply to post by Vodo34861


I'm wondering if this is any connection to the end results of the BP disaster,as in are there going to be more of these rigs blowing??

Some more information on their stock.

www.forbes.com...

Put options flew off the shelves and overall options volume surged to 46,000 contracts versus previously existing open interest of just 6,547 lots.

Trading on the stock shot up to 241.5% activity from 22.37% prior to the news of the explosion.

This seems very deliberate to me now.

This guy on the bottom of the board of directors list is interesting, look at his connection, Im going to look into him now: Charles J. Pitman
Former Regional President — Middle East/Caspian/Egypt/India, BP Amoco plc, and Director, First Calgary Petroleums Ltd.

Ugh! It's like a compulsion or something.....

The Rockefeller University

reply to post by Shadowfoot


IIRC, Charles Pitman is the grandson of the founder of Pitman Oil Co. This is the company that tried to build a refinery in Eastport Maine. One of the deepest ports in Northern Maine in the early 80's. This port has 35 ft ides and one of the biggest whirlpools in existence just off shore. They wanted to let super tankers in this small inlet and tried to tell the seamen in the port that it would be easy with no problems. It didn't work out for them.

Zindo

[edit on 9/2/2010 by ZindoDoone]