Diamond to sue Beach in Texas court

DIAMOND Offshore, which filed for Chapter 11 bankruptcy in Houston Sunday, has simultaneously filed a complaint in the same court suggesting Beach Energy’s termination of its drilling contract for its offshore Victoria campaign is invalid.

Diamond to sue Beach in Texas court Diamond to sue Beach in Texas court Diamond to sue Beach in Texas court Diamond to sue Beach in Texas court Diamond to sue Beach in Texas court

Diamond taking ASX-listed Beach to Houston court over cancellation of Otway Basin contract

 
The rig was due to drill up to nine offshore wells; the campaign also took in two onshore-to-offshore wells in already drilled Blackwatch-1,  and yet-to-be drilled Enterprise-1.