Over 14 hours ago, Tropical Storm Sally turned into Hurricane Sally and changed its course as it made progress towards Louisiana. It is now expected to turn and make its way to the Mississippi-Alabama state line.
The hurricane is likely to further impact the battered oil & gas industry with over 170 offshore platforms and 1,000 offshore wells in the path of the hurricane. Over 500 manufacturing facilities in Mississippi could also bear the brunt of the hurricane and its predicted life-threatening storm surge.
The following is a small subset of the companies that could experience property damage and business interruption.
|Cox Operating LLC||92|
|Onshore Oil Wells|
|Texas Petroleum Investment Company||100|
|Cox Operating LLC||26|
|Lobo Operating Inc||11|
|Onshore Gas Wells|
|Texas Petroleum Investment Company||10|
|Lobo Operating Inc||9|