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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (572357)	6/17/2010 8:55:29 PM
From: TopCat	4 Recommendations Read Replies (2) \| Respond to of 1577883

"Do you know what is meant by "accrued"? (Hint: "Accrued" and "Projected" or "Estimated" or "Forecast")." CJ will be back to you soon with some answers. Right now he is frantically doing some research on Wiki.

To: i-node who wrote (572357)	6/18/2010 5:28:41 PM
From: combjelly	Respond to of 1577883

"Do you know what is meant by "accrued"?" Yes. Or, are you under the impression that all of the computers and services were free?

To: i-node who wrote (572357)	6/18/2010 5:46:40 PM
From: Broken_Clock	Respond to of 1577883

These guys are 25% partners with BP in the DH well.... Anandarko statement :Source: Anadarko Petroleum Corporation On Friday June 18, 2010, 5:18 pm HOUSTON--(BUSINESS WIRE)--Following this week’s hearings in Washington regarding the Deepwater Horizon tragedy, Anadarko Petroleum Corporation (NYSE: APC - News) issued the following statement: “The events surrounding the Deepwater Horizon explosion represent a terrible loss for the families of those who lost their lives and an unprecedented environmental tragedy,” Anadarko Chairman and CEO Jim Hackett said. “Sadly, it also continues to have tremendous impacts on the livelihoods of many Gulf Coast families and their communities. We, along with others in the industry, have continued to support the Unified Command in its response with technical expertise and specialized equipment. “The mounting evidence clearly demonstrates that this tragedy was preventable and the direct result of BP’s reckless decisions and actions. Frankly, we are shocked by the publicly available information that has been disclosed in recent investigations and during this week’s testimony that, among other things, indicates BP operated unsafely and failed to monitor and react to several critical warning signs during the drilling of the Macondo well. BP’s behavior and actions likely represent gross negligence or willful misconduct and thus affect the obligations of the parties under the operating agreement,” continued Hackett. Under the terms of the joint operating agreement (JOA) related to the Mississippi Canyon block 252 lease, BP, as operator, owed duties to its co-owners including Anadarko to perform the drilling of the well in a good and workmanlike manner and to comply with all applicable laws and regulations. The JOA also provides that BP is responsible to its co-owners for damages caused by its gross negligence or willful misconduct. Importantly, any actions Anadarko may take under the agreement to protect its rights relative to BP’s performance as operator in the drilling of the well will in no way shift any financial burden to the American taxpayer. Hackett also said, “We recognize that ultimately we have obligations under Federal law related to the oil spill, but will look to BP to continue to pay all legitimate claims as they have repeatedly stated that they will do.” MORE finance.yahoo.com