Judge Denies Reconsideration To Insurer On Costs Related To Oil Well Blowout

Mealey's (June 18, 2015, 3:12 PM EDT) -- WICHITA FALLS, Texas — A federal judge in Texas on July 29, 2014, denied a motion for reconsideration filed by an insurer seeking a ruling that the insurance policy it issued to an oil and gas exploration company covered only the cost of redrilling a well lost or damaged as a result of uncontrolled flow, rather than lost due to pressure operations related to a blowout of the hydraulic fracturing well (Eagle Oil & Gas Co. v. Travelers Property Casualty Company of America, No. 12-00133, N.D....
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