ARGUELLO SUIT SEEKS $100,000/DAY DAMAGES

Partners in the long delayed $2.5 billion Point Arguello oil development project have sued Santa Barbara County over its denial of an interim tankering permit for the project. The suit, filed last week in a Los Angeles U.S. district court, claims damages exceeding $100,000/day from the delay. It is not clear what time period is covered by the claim, but the county approved a series of permits in 1984-88 authorizing various phases of the project.

May 27th, 1991
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