BP Aims to Cap Well by July 27 Earnings

July 11, 2010 by legitgov

BP Sets New Spill Target --Aims to Cap Well by July 27 Earnings; Backup Plans as Obama, Cameron Meet 07 Jul 2010 BP PLC is pushing to fix its runaway Gulf oil well by July 27, possibly weeks before the deadline the company is discussing publicly, in a bid to show investors it has capped its ballooning financial liabilities, according to company officials... The July 27 target date is the day the company is expected to report second-quarter earnings and will speak to investors. BP also wants to show progress by July 20, the day U.K. Prime Minister David Cameron is scheduled to visit the White House.