Permit expired, yes, mothballed not quite. COP is paying to keep the tanks cold and for a full staff to man it. Doesn't look like they have given up on it just yet.
They had to be pretty ticked when Hilcorp was told that they couldn't sell any gas to the LNG plant for five years after they bought Marathon.
There is even some talk out there that the state may step in and help renew the license. Bodes well for Buccaneer.
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