RE: Still prefer PXM to BUK...You maybe right but BUK is selling its N. Sea assets and when that is done (fall maybe?), they will be Debt free with some cash left over. Also they are farming out a 180mmbbl Oil prospect (in the North sea) and hoping to be carried through drilling.
If all this goes through, its still good for PXM as they will have an eager and debt free Operator!
All good for idaho.
Bigbadun'