Investors of the multi-billion dollar oil company, BP, are worried of a possible future leakage from the new containment cap that has been installed in the Gulf of Mexico to stop the oil seepage. Another point to worry about is that the company would have to sell its assets to cope up in paying the billions of dollars worth loss during the oil leak.
From the past three weeks, BP’s shares have been heading southward and has already slipped by 2.5%. During the tests, one of the BP spokesperson stated, that there is a seep detected, but they are not be sure whether its is from the blown out well. Seeps on the ocean floor might also be a natural phenomenon.
The total costs which has been incurred during the massive catastrophe has piled up to $3.95 billion which has now become a point of worry for the company. On the other hand, BP undertook the tests of the cap on Friday, and some reports came in that there is a possible seepage, but its not sure, whether it is from the blown out well. Later a spokesperson from BP said, that if there is a seep confirmed, then the new cap would be lifted out to the surface, as a result of which oil would start flowing in the sea again.









