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Venoco, state tangle over oil royalties

By   /  Friday, December 2nd, 2011  /  Top Stories, Tri-County Public Companies  /  Comments Off on Venoco, state tangle over oil royalties

[wikichart align=”right” ticker=”NYSE:VQ” showannotations=”true” livequote=”true” startdate=”02-06-2011″ enddate=”02-12-2011″ width=”300″ height=”245″] Venoco faces allegations from the State Lands Commission that it underpaid the state $9.5 million for the oil pumped from Platform Holly off the Goleta coast. The claims came in a lawsuit filed Nov. 16 by the State Lands Commission in Santa Barbara Superior Court. It Read More →