Back up your data!
Is your data backed up?
Find the project id (or other identifier) and run these delete statements.
DELETE FROM Attachment
WHERE ixBugEvent IN
(SELECT BugEvent.ixBugEvent FROM BugEvent
LEFT JOIN Bug USING ixBug
WHERE Bug.ixProject = 123);
DELETE FROM BugEvent
WHERE ixBug IN (SELECT ixBug FROM Bug WHERE ixProject=123);
DELETE FROM BugView
WHERE ixBug IN (SELECT ixBug FROM Bug WHERE ixProject=123);
DELETE FROM BugRelation
WHERE ixBugFrom IN (SELECT ixBug FROM Bug WHERE ixProject=123);
DELETE FROM BugRelation
WHERE ixBugTo IN (SELECT ixBug FROM Bug WHERE ixProject=123);
DELETE FROM Duplicates
WHERE ixBugDupe IN (SELECT ixBug FROM Bug WHERE ixProject=123);
DELETE FROM Duplicates
WHERE ixBugDupeOf IN (SELECT ixBug FROM Bug WHERE ixProject=123);
DELETE FROM Scout WHERE ixBug IN (SELECT ixBug FROM Bug WHERE ixProject=123);
DELETE FROM TagAssociation
WHERE ixBug > 0 AND ixBug IN (SELECT ixBug FROM Bug WHERE ixProject=123);
DELETE FROM Bug WHERE ixProject = 123;