Toppling

Enterprise Exec: Industry Needs to Prevent Drifting Rigs During Hurricanes

The industry desperately needs a quick solution to the problem of drilling rigs drifting around the Gulf of Mexico during hurricanes, toppling platforms and cutting gashes into underwater pipelines with their anchors or broken steel legs, said Doug Krenz, vice president of transportation for Enterprise Products Partners, in an interview with NGI.

October 13, 2005

Toppling of Board Would Cost El Paso Over $75M

El Paso Corp. could be forced to pay out more than $75 million in severance benefits if disgruntled investors, Selim K. Zilkha and Oscar S. Wyatt, succeed in replacing the company’s existing board of directors with their own slate of candidates at the upcoming stockholders meeting in June.

April 14, 2003

Toppling of Board Would Cost El Paso Over $75M

El Paso Corp. could be forced to pay out more than $75 million in severance benefits if disgruntled investors, Selim K. Zilkha and Oscar S. Wyatt, succeed in replacing the company’s existing board of directors with their own slate of candidates at the upcoming stockholders meeting in June.

April 11, 2003