coastal caribbean (cco@) Message Board

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Gold/Mining/Energy : coastal caribbean (cco@)

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To: Rob Skaff who wrote (755)	4/10/1999 5:23:00 PM
From: Edwin S. Fujinaka	Read Replies (2) of 4686

The News Herald of Panama City may run an article about CCO in Monday's Edition (Maybe next Monday). Hopefully they may cover some of the stuff that we've been posting here. They are a small paper, but I hope that it triggers some media interest. They know about the Oil & Gas Journal estimates of tens of Billions of Barrels of Oil. They know of the Michigan vs Miller Brothers Oil Co. Case where the State had to pay around $90 Million to settle a case involving only 10.8 Million Barrels of Oil. I don't know whether the extrapolation to a thousand times more oil is valid, but if it is, we could be talking about $100 Billion (or more). Anyway, I've floated a possible settlement that could be a starting point for negotiation between Florida and CCO. Neither the State or the Company have had any hand in crafting this suggested settlement <G>: Message 8696663 Besides the issue of making money personally, there's the issue of the National Interest, Financial benefit to Florida taxpayers, and fair business dealing to consider. Hopefully we can have an honest discussion in the Florida media without all of the political demonizing of the Oil interests. We'll see.

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