Canadian Superior Energy Seeks Protection from Creditors

Reuters reports that Canadian Superior Energy Inc., developer of the Liberty LNG deepwater port project proposed for offshore New Jersey, has sought protection from its creditors in a Calgary, Canada, court. According to Reuters, the company will release further details after the court decides on their request. This past summer, Canadian Superior announced a substantial gas find offshore Trinidad and has offered its interest in this gas play for sale in order to raise cash.

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