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DewDiligence

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DewDiligence

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Re: DewDiligence post# 3994

Tuesday, 01/17/2012 2:54:25 AM

Tuesday, January 17, 2012 2:54:25 AM

Post# of 30493
For CVX, when it rains it pours:

http://finance.yahoo.com/news/Chevron-Confirms-Fire-bw-585875816.html?x=0

Chevron Corporation reports that its subsidiary, Chevron Nigeria Limited, is working to contain a fire that ignited early this morning aboard the K.S. Endeavor, a drilling rig offshore Nigeria operated by FODE Drilling Nigeria Limited… One hundred and fifty-four personnel were on the rig and an associated barge. Two contractors are still unaccounted for while all others are safe and undergoing medical examinations at an adjacent production platform. Aggressive search and rescue activities continue for the two missing personnel.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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