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Murphy Oil Reports More Than $50 Million In Payouts

    4 years ago
The El Dorado based company has handed over millions for claims in the wake of Hurricane Katrina.
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El Dorado-based Murphy Oil told a federal judge that it has paid more than $50 million in claims since a massive oil spill at a Louisiana refinery caused by Hurricane Katrina.

In addition, the company said during a federal court hearing at New Orleans, Murphy has spent more than $13 million cleaning up public property and more than $4 million dollars cleaning up private property.

The company offered the information as it argued against certification of a class-action suit filed over the spill. One million gallons of oil at Murphy's refinery in St. Bernard Parish, southeast of New Orleans.

Lawyers for the plaintiffs said the spill damaged a larger area than Murphy has admitted. Much of the hearing focused on where the oil had spread.

(Copyright 2005 by The Associated Press. All Rights Reserved.)

   

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