Ensco, U.S. Seek, Get More Time to Reach Deep-Water Deal
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Ensco Offshore Co. and the U.S. Justice Department sought and received more time to negotiate an end to its lawsuit over deep-water oil drilling permits.
U.S. District Judge Martin Feldman in New Orleans today gave the government an 11-day extension until June 20 to act on six offshore drilling permit applications that Ensco claims were unreasonably delayed by regulators. Ensco and the government asked for the delay in a joint filing on May 20.