posted
Jun 25, 2010 by News Gatherer
Noah said the industry's losses beyond the deep water exercises that have been heard to the moratorium, saying: "Make no mistake – there is a de facto moratorium on drilling in shallow water." Noah said that while the Interior Ministry used to approve drilling permits new surface every 10-15 weeks, there has been no approvals in a month.
httpv://www.youtube.com/watch?v=X4bqQxbsNLI&feature=youtube_gdata
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