Responding to questions from the SEC, Nabors Industries (NBR) says fracking doesn’t pose a...

|About: Nabors Industries Ltd. (NBR)|By:, SA News Editor

Responding to questions from the SEC, Nabors Industries (NBR) says fracking doesn’t pose a major risk to underground water supplies, pointing to studies from the EPA and others which have not “substantiated a material risk” of drilling fluids spilling into other areas. NBR says the biggest fracking risk it faces comes from the threat of increased regulations.