Update: BP Now Denies: Efforts to End Flow From Well Are Over

Update II:

Crazy. Not quite sure,maybe this will still prove to be true, but I think Bloomberg got Thad Allan’s statement confused; and it spread like wildfire on all the business news sites, and zero hedge, and a bunch of other places-and me to you. Ha.

Bloombers’s headline:

Efforts to End Oil Flow From BP Well Over Until Relief Wells Are Finished

By Jim Polson – Jun 1, 2010

Doesn’t quite match the story:

BP Plc has decided not to attach a second blowout preventer on its leaking well in the Gulf of Mexico and efforts to end the flow are over until the relief wells are finished, according to the U.S. Coast Guard’s Thad Allen, who spoke at a press conference today.

I think what this may mean is they’ve decided against a BOB on top of a BOP, but are still going ahead with the cervical cap thing–dsepite the fact that the sheer rams failed to cut it–presume they’ll try a saw.

Stay tuned: BP now denying this story:

UPDATE II: BP spokesperson John Curry denied reports of any problems with the Lower Marine Rise Package, which begins drilling today.

Reports that BP had canceled all rescue plans were based on a headline from Bloomberg: Efforts to End Oil Flow From BP’s Leaking Well Are Over, Coast Guard Says. While BP is ending efforts to halt the flow, it will continuing efforts to capture the flow.

Here’s what you need to know about the Lower Marine Rise Package –>

UPDATE: Reached by Business Insider, Coast Guard rep Elizabeth Bordelon denied rumors that it’s discontinuing attempts to attach a new blowout preventer and stem the flow. Meanwhile, the AP is also reporting the same thing, that Thad Allen called the process ongoing. We hope to have a definitive adjudication shortly.

Original post: This is based on headlines now via The Fly On The Wall and ZeroHedge… According to Bloomberg, BP has decided to abort its plan to attach a new blowout preventer.

Read more: http://www.businessinsider.com…

http://www.businessinsider.com…

BP Plc has decided not to attach a second blowout preventer on its leaking well in the Gulf of Mexico and efforts to end the flow are over until the relief wells are finished, according to the U.S. Coast Guard’s Thad Allen, who spoke at a press conference today

http://www.businessweek.com/ne…

They have resumed drilling relief well #2.

They are also going to try to collect some of the oil via the connectors they installed for the ‘top kill’.