Yes cash is available, the erg loan for $130m is being paid off with oil sales, the question now is: will they increase oil production as per PBs comments 5900 - 7000 bopd gross by the end of the year or sell Teresa/Pentland, so that Linc can become cashflow positive.
Time frames in the past have been very optimistic. I was surprised and glad to hear that they are on track to meet the targeted increase in oil production.
Does anyone know what PB means by gross bopd?
Does this have something to do with Royalties? gas condesate? BOE?
What is the net?
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