Oil rig explodes in Louisiana lake injuring multiple people, police say

Oil rig explodes in Louisiana lake injuring multiple people, police say

Several people have been injured and at least one remains missing after an oil rig caught fire and exploded in Lake Pontchartrain, north of New Orleans, local authorities said.

Kenner Police Department spokesman Sgt. Brian McGregor told The Times-Picayune that while numerous injuries were serious and their number was expected to go up, no deaths were reported because of the explosion.

The Coast Guard in New Orleans sent out a 29-foot response boat and crew; a 45-foot response boat and crew; and a Coast Guard Air Station New Orleans MH-65 Dolphin Helicopter air crew.

He says numerous injuries were serious.

Jefferson Parish Fire officials said the explosion happened northwest of the Treasure Chest Casino.

The platform is used to transfer and store oil from nearby wells, and is not a wellhead itself, officials said.

Ares Commercial Real Estate Corp (ACRE) Earns News Sentiment Rating of 0.32
Its up 1.65% from 18,200 shares previously. (NYSE:STAR) was up +0.41% during the last trading session, with a day high of 12.17. California Public Employees Retirement Sys owns 0% invested in Ares Commercial Real Estate Corp (NYSE:ACRE) for 67,900 shares.

Verizon Communications Inc. 5.9 (NYSE:VZA) Trading Down - Short Interest Up 42.72%
BidaskClub upgraded Verizon Communications from a strong sell rating to a sell rating in a research report on Monday, July 31st. Hallmark Capital Management Inc.'s holdings in Verizon Communications were worth $14,112,000 as of its most recent SEC filing.

Couple from Princeton, Minn. dies in plane crash on Mississippi River
He said those conditions made it too risky for a county dive team, and that a commercial diver had to be brought in. Chad Rygwall, the pilot, hit power lines that stretched across the river and the plane nose-dived into the water.

'Several people have been rescued from the rig.

Witnesses report hearing an explosion from Lake Pontchartrain Sunday night.

Jefferson Parish officials say there were cleaning chemicals aboard the platform but do not know the exact cause of the fire at this time.

The U.S. Coast Guard is also responding, according to a Facebook post from the Jefferson Parish.

The Coast Guard will be conducting a water quality evaluation as well as the Lake Pontchartrain Basin Foundation.

Reports came in at around 7:15 p.m. of fire and smoke being seen from Lake Pontchartrain, Jefferson Parish spokesman Antwan Harris told the Associated Press.

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