Norse Energy Exceeded Drilling Budget By Millions: Suit

Law360, New York (December 12, 2011, 8:06 PM EST) -- Natural gas drilling outfit Bradford Drilling Associates XXIX LP has sued Norwegian oil and gas company Norse Energy Corp.'s U.S. subsidiary for allegedly going millions of dollars over budget in a $9 million well drilling project in upstate New York, Norse said Monday.

Buffalo, N.Y.-based Bradford filed the suit earlier this month in New York state court, accusing Norse of lying about its financial situation in order to work on the project, using the wrong type of equipment to drill the wells and exceeding its preapproved...
To view the full article, register now.