Natural gas driller Norse Energy Corp. USA plans to take out a $5 million bankruptcy loan to keep paying rent to the owners of 130,000 acres of land outside Syracuse, N.Y., while state environmental regulators write new hydraulic-fracturing rules, Dow Jones DBR Small Cap reported today. It is unclear how much of the proposed $5 million loan would pay to maintain the company's seven nonproducing wells or pay off bondholders who've extended about $21 million to the company. Read more. (Subscription required.):
http://bankruptcynews.dowjones.com/Article?an=DJFDBS0020130206e926itt1n…
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