- Associated Press - Wednesday, March 4, 2015

HERMOSA BEACH, Calif. (AP) - A proposal to drill for oil under the Santa Monica Bay city of Hermosa Beach has been rejected.

Nearly 79 percent of voters opposed Measure O in Tuesday’s election in the Los Angeles suburb.

The city clerk tells the Daily Breeze (https://bit.ly/1Egpak2) there may have been a record number of ballots.

At issue was whether E&B; Natural Resources Management Corp. could install 34 oil and gas wells.

The vote stemmed from a 2012 settlement between the city and Macpherson Oil Co., which sued after voters in 1995 reversed a 1984 vote allowing drilling. Macpherson threatened to seek $750 million in damages.

E&B; bought Macpherson’s rights for $30 million in 2012, and the city agreed to the election. The measure’s failure requires the city to pay $17.5 million to E&B.;

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Information from: Daily Breeze, https://www.dailybreeze.com

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