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CURRENT ISSUE

OBAMA DRILLING MORATORIUM
Are new Administration limits on offshore drilling

a sensible precaution?
a knee-jerk overreaction?

June 12, 2010

Chouest and Bollinger join suit against drilling moratorium

A hearing has been set for June 21 on the Hornbeck Offshore suit challenging the legality of the administration's moratorium on deepwater drilling.

Hornbeck Offshore has now been joined by two other plaintiffs, Bollinger Shipyards and Edison Chouest Offshore.

In a June 9 joint filing they noted that "just over a week into the six-month deepwater drilling Moratorium, its effects on the Gulf of Mexico OCS deepwater industry are real - there have been contract terminations and suspensions; deepwater rigs are pulling out of the Gulf to drill in international deepwater - and the industry is at, or at the very least, coming to a standstill. In short, the Moratorium is causing and will continue to cause immediate irreparable harm not only to Plaintiffs but also to thousands of Louisiana workers that support the Gulf of Mexico's deepwater exploration and production operations."

You can download the filing HERE.


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