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Houston-based Black Elk Energy faces six criminal counts for a blast at a Gulf of Mexico production platform that killed three workers and injured others.
Black Elk Energy told investors on Wednesday that it is still dealing with financial damage from the fatal explosion at one of its Gulf of Mexico production platforms last year, even as the Houston-based company faces fines and a potential criminal investigation from the incident.
In their report on the fatal explosion of a Black Elk platform last year, the Bureau of Safety and Environmental Enforcement and the Coast Guard said that workers who were “worried about losing their jobs if they raised safety concerns” did not call a halt to work “despite apparent anomalies.”
Black Elk Energy has more work to do to satisfy federal regulators it has improved its safety performance, following a fatal platform fire last year. Otherwise, the Bureau of Safety and Environmental Enforcement said the company will remain under a year-old threat that it will be barred from operating in federal waters.
The fatal explosion of a Gulf of Mexico production platform last November was sparked by contractors conducting maintenance work at the site, according to an investigation commissioned by the Houston-based company that owned the facility.
Houston-based Black Elk Energy said Thursday it was still dealing with economic fallout from last year’s fatal explosion at one of its Gulf of Mexico production platforms, even as federal investigators continue to probe the company’s overall safety.
Before last week’s fatal fire at one of Black Elk Energy’s oil production platforms, the five-year-old firm had racked up more than 300 documented mistakes and violations offshore, according to federal regulators who cracked down on the Houston-based company Wednesday.