Hopefully, this is not the tip of the iceberg, but most of the estimated $4.5 billion in decommissioning liabilities associated with the Cox bankruptcy loom, as do legal questions regarding liability for Platforms Hogan and Houchin Santa Barbara Channel, and the 1130 remaining pre-1997 platforms. What portion of those liabilities cannot be assigned to prior owners with sufficient financial resources to cover the decommissioning costs?
Bud's Offshore Energy (BOE) 