Ann: Increased Oil Production in Catahoula Lake , page-20

re: Ann: PYM: Increased Oil Production in Cat... The June Quarter cash flow may also tell us why we haven't heard much about Atocha - $1.35m burn and $2.18 left in a quarter with not much drilling. While about $1m of the burn was on assets, FUT is likely managing its remaining cash to get closer to cash flow positive, meaning no spend on Atocha in the medium term.