Make your money go further for just 25p per day

Halilburton (NYSE:HAL) Back on stage with the spotlight on them!

29/10/2010 · Halliburton (HAL) 

Halliburton (HAL) continues to defend the fact they alerted BP about the results of the cement testing. It turns out that 3 out of 4 of the tests failed, and HAL appears to have failed to highlight this to BP who chose to go ahead with using it.

Tests carried out for the National Commission on the spill by Chevron have demonstrated the cement was not suitable, but HAL are insistent that the cement actually used on the well is different and was a one off production. They say that if it was brought up and tested it would prove sound.

However, it seems that BP can’t really use this as an excuse. Reports show that they were warned about the potential…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login


Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on Halliburton

How about the “dorks”?

12/02/2013 · Smallcap Review
This week’s interview with Chris Boxall*, manager of SF Fundamental Energy covers recent news around earnings…

Halilburton (NYSE:HAL) Back on stage with the spotlight on them!

29/10/2010 · Company Insights
Halliburton (HAL) continues to defend the fact they alerted BP about the results of the cement…

More Company Insights

Elderly challenges | Demotion | Australian boost

21/11/2024 · Churchill China · CVS Group · Renold · Tracsis

Bonkers Bargains: poised to recover with a new CEO

20/11/2024 · James Cropper

Improving returns | Questionable business models

Sign-up to our free email updates

SIGN UP