[StBernard] Murphy Oil -Buffer Zone Purchases

[Westley Annis]

PM,

I don't know that Murphy has been ordered to buy up homes by the government,
but I do know they are doing so.  This was something they had started before
Katrina, the only thing different is they have expanded the foot print.

I don't have the full story on it, but my understanding is that they are
buying out to Ventura Drive.  As for how they are valuing homes, my guess is
they are using some magic number the real estate idiot from UNO has given
them.

Since you are using Torres, I wish you the best and hopefully it will not
take long for you to see some type of settlement.

Should you decide to opt out, before selling to Murphy I would get an
appraisal done to have something that says what your house was worth before
the storm.

Westley

-----Original Message-----

Dear Wesley,
 
My home is in the original Murphy Oil spill area.  I am also in the class
action lawsuit.
 
Please help clear up these questions I have in regard to the Murphy Oil
Spill area.
 
I have heard that Murphy will be required to purchase some of the
surrounding properties to create more of a buffer zone between themselves
and the existing residential area. 
 
Was this just a rumor?
 
If not a rumor,  what areas are they going to purchase?
  
I am also interested in finding out if property has actually been purchased
by Murphy and how the purchase price was derived?
 
I would appreciate any information you can give me on this issue.
Thank you,
PM