BP: Statement on Gulf of Mexico

Sept. 4, 2014--BP strongly disagrees with the decision issued today by the United States District Court for the Eastern 
District of Louisiana and will immediately appeal to the United States Court of Appeals for the Fifth Circuit.

BP believes that the finding that it was grossly negligent with respect to the accident and that its activities at the 
Macondo well amounted to willful misconduct is not supported by the evidence at trial. The law is clear that proving 
gross negligence is a very high bar that was not met in this case. BP believes that an impartial view of the record does 
not support the erroneous conclusion reached by the District Court.

The Court has not yet ruled on the number of barrels spilled and no penalty has yet been determined. The District Court 
will hold additional proceedings, which are currently scheduled to begin in January 2015, to consider the application of 
statutory penalty factors in assessing a per-barrel Clean Water Act penalty. The Clean Water Act requires the District 
Court to consider a number of factors in determining an appropriate penalty. The statutory maximum penalty is $1,100 
per barrel where the court finds simple negligence and $4,300 per barrel where the court finds gross negligence or 
willful misconduct. During the penalty proceedings, BP will seek to show that its conduct merits a penalty that is less 
than the applicable maximum after application of the statutory factors. 

BP is reviewing the decision and will issue a further statement as soon as possible.

Source: http://www.bp.com/en/global/corporate/press/press-releases/statement-on-gulf-of-mexico.html