On the Street: Omega Protein Names SVP of Corporate Development; Comments on Impact of Gulf Oil Spill
May 14 and May 6/Food & Beverage Close-Up and Real Estate & Investment Business -- Omega Protein Corp. updated the status of effects the oil spill caused by the Deepwater Horizon rig has had on the company's fishing operation in the Gulf of Mexico.
As previously announced, the oil slick has had an adverse effect on the company's ability to operate in the fishing grounds east of the Mississippi River Delta, near its Moss Point, Miss., facility. Regulators had closed this area to commercial fishing until at least May 17. In addition, on May 9, the Louisiana Department of Fisheries and Wildlife (LDWF) announced additional areas closed to commercial fishing, extending from the eastern shore of South Pass of the Mississippi River westward to the eastern portion of Atchafalaya Bay at Point au Fer, La.