Norse Energy

WBFO

A landowners group says it intends to file a lawsuit before the end of the year against what it says are the Cuomo administration’s unreasonable delays on hydrofracking.

http://norseenergycorp.no/index.php?name=About_Norse_Energy_Corp

New York’s hold on high-volume hydrofracking has entered its sixth year. Norse Energy first tried to stay afloat until fracking was approved, but then gave up and converted to Chapter 7, a complete shutdown of operations. The company and fracking supporters cited the state’s de facto moratorium as the obvious culprit.

Norse’s former chief legal officer Dennis Holbrook says drillers just can’t compete anymore using the drilling methods still allowed in New York.