CBS Evening News for Thursday, May 28, 1981
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(Studio) Importance of Santa Maria basin off California coast to both sea otters and oil companies noted.
REPORTER: Dan Rather
(Anaheim, California) Oil company bids today for oil lease rights off California coast examined; federal court's temporary halt to actual leasing of tracts recalled. [Shell Oil Company spokesperson Jack LITTLE - acknowledges anxiety.] [MAN - reads bid.] [Chevron spokesperson Claire GELAINE - explains high bid.] Oil company's defense of project due to risks involved noted.
REPORTER: Harold Dow
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