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Energy company reaches oil spill settlement with businesses near Huntington, California
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A pipeline operator said Thursday that it has reached a settlement with Southern California tourism companies, fishermen and other businesses that sued after a crude oil spill off the coast last year near Huntington Beach.
Amplify Energy Corp., which owns the pipeline that ruptured and faces a criminal charge for its oversight, said in a statement that claims have been settled in the class-action lawsuit filed by businesses affected by the October spill of about 25,000 gallons of crude into the Pacific Ocean.
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The company did not say how much the businesses would be paid but said its insurance policies will cover the cost of the settlement, which would still need to be approved by a federal court.
"Although we are unable to provide additional detail at this time, we negotiated in good faith and believe we have come to a reasonable and fair resolution," Martyn Willsher, Amplify’s president and chief executive, said in the statement.