Norse Energy Corp ADR (NSEEY)

[reaper247]

http://www.longislandpress.com/2011/07/01/nys-hydrofracking-moratorium-ends-dec-to-issue-report/

(full story at link)

NYS Hydrofracking Moratorium Ends, DEC Issues Report
By Jaclyn Gallucci on July 1st, 2011

It looks like the controversial gas drilling practice of hydraulic fracturing or “hydrofracking” will soon get the green light in New York State–but with limits.

The New York State Department of Environmental Conservation was given time to review gas drilling technology and develop new permitting rules last year, putting a de facto moratorium in place on hydrofracking in New York. But that moratorium ends today, as the NYS DEC releases details of its recommendations, which would keep the process away from key watershed areas and aquifers, but would also allow hydrofracking on private lands making up about 85 percent of the Marcellus Shale

IMO and FWIW.