RE: Here''''s the update-hangashoreMaybe you've been out-to-sea too long hang-a-shore. You missed your optometrist appointment.
My post reads OLD discovery, not oil discovery...that's OLD, as in 41 years ago.
Durango = gas field development, along with some liquids. More to the point, for BUK it's a $30 million capital cost that should be fully recouped by this time next year, and continue to yield $60 to $80 million in free cash flow for another 2 years after that.