EV 175. Quarterly cash flow of 38- 39 m, page-4

Agree with your logic re. 7,500 to 8,000 bopd for the rest of 2022.

Base case likely to be higher IMO due to

• conservative Chinese forecast - they want get their bonus.

• nature of the field makes forecast difficult - so be more conservative

Of course this also so means that it may be below expectations.
I am talking the 50% probability case. .

Additional Upside
There are two exploration wells into the more productive Weizhou sands

• A7.- Water Injector, but producer in success case (result June)
• A8 - if approved 12-8-SE (result July?)

Both of these wells could add 2,000+ bopd, 4,000+ bopd if both are discoveries.

12-8-E Cash Margin
I believe that Operating Costs will be higher at 12-8-E as it is based on a PSC.

Certainly throwing off a lot of cash even in the conservative case.
And it will very likely be much, much better

Will be crystal clear in the September Quarterly.