HOUSTON, May 10, 2011 /PRNewswire-USNewswire/ -- @ShallowWaterNRG, the Twitter feed of the Shallow Water Energy Security Coalition, will be live-tweeting this week's floor consideration of H.R. 1229, the Putting the Gulf of Mexico Back to Work Act of 2011. Twitter users are encouraged to follow @ShallowWaterNRG for legislative updates.
H.R. 1229 provides a one-year extension to the hundreds of leases impacted by the drilling moratorium. The bill also requires the Secretary of the Interior to decide whether to issue a permit within 30 days after receiving an application, with up to two 15-day extensions of such deadline. With gasoline prices at unacceptable heights, American offshore rigs are ready, willing and able to drill to secure American energy independence. Once the federal permits start to flow again, the oil and gas will follow.
About the Shallow Water Energy Security Coalition
The Shallow Water Energy Security Coalition comprises a group of companies—Apache Corporation, Arena Offshore, Chevron, Delta Towing, Dynamic Offshore Resources, Energy XXI, Ensco, Hall-Houston Exploration, Hercules Offshore, Phoenix Exploration, Rowan Companies, Seahawk Drilling, W&T Offshore, and Walter Oil & Gas—that explore, develop and drill for natural gas and oil in the shallow waters of the Gulf of Mexico. The coalition was established to enhance the understanding of shallow-water operations as policymakers develop legislative and regulatory responses to recent events. Follow us on Twitter @ShallowWaterNRG
SOURCE Shallow Water Energy Security Coalition