A look back on Chenango’s relationship with the bankrupt Norse Energy

NORWICH – Norse Energy Corp. announced Friday that its western New York-based U.S. subsidiary had filed a voluntary petition for Chapter 11 reorganization. The natural gas drilling company, which at one time held 130,000 acres under lease for natural gas in Chenango, Madison and Broome counties, fell into debt while waiting for regulatory changes in the state that would allow it to begin tapping shale formations.

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