June 19, 2022
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Plains gets blame for Venoco bankruptcy filing

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Venoco’s Platform Holly has been shut-in since the May 2015 Refugio oil spill. Venoco, one of the region’s leading oil and gas producers, has filed for Chapter 11 bankruptcy protection in an attempt to shed nearly $1 billion of debt. The biggest property taxpayer in Santa Barbara County has been buffeted by the plunge in…

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