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CONTINENTAL OIL COMPANY v. SS ELECTRA

No. 28751.

431 F.2d 391 (1970)

CONTINENTAL OIL COMPANY, Atlantic Richfield Company, Getty Oil Company, and Cities Service Oil Company, Libelants-Appellants, Cross-Appellees, v. SS ELECTRA, Her Engines, Tackle, Apparel, etc., and RIO PALMEA, CIA, NAV., S. A. Her Engines, Respondents-Appellees, Cross-Appellants.

United States Court of Appeals, Fifth Circuit.

August 31, 1970.

Attorney(s) appearing for the Case

Joseph Newton, Sweeney J. Doehring, Fulbright, Crooker, Freeman, Bates & Jaworski, Houston, Tex., for appellants.

George W. Renaudin, Royston, Rayzor & Cook, Houston, Tex., for appellees.

Before GODBOLD, SIMPSON and MORGAN, Circuit Judges.

GODBOLD, Circuit Judge:

Appellants are four oil companies which owned an offshore drilling platform in the Gulf of Mexico, with which, on April 8, 1964, the appellee S.S. Electra collided. Several wells had been drilled from the platform, two of which were in production. There was no damage to the wells and no loss of oil, but the platform was so badly wrecked that production was halted.

Appellants filed this libel in rem. An agreement was reached under which...

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