Hercules' Noe Interview About Oil Drilling

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Aug. 24 (Bloomberg) -- Jim Noe, senior vice president and general counsel of Hercules Offshore Inc., talks with Bloomberg's Peter Cook about the Obama administration's pace of granting of permits to drill for oil in the shallow waters of the Gulf of Mexico. Noe said the U.S. has issued three permits since modifying a moratorium on offshore drilling in late May, compared with as many as five permits issued a week before the BP Plc well blowout in April. (Source: Bloomberg)

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