Logic suggests a modest increase in cash at end of Dec qtr.
Next calc will be drilling costs for the Vietnam CRD appraisal well.
Any ideas ?
From "memory" I think PPP were reimbursed ~$10mil for the 10% Backin. That implies the 2 CRD wells cost $100mil gross, around $50mil each. If that's correct then PPP's expenditure for 5% of the upcoming CRD appraisal would be ~$2.5mil+ ?