Deferred payment to Petrobras is due next month, apprx USD 43 to 44mil.
December end cash on hand was 204mil. After adding the receivables (minus costs, tax etc etc) for the mil bbl crude sold via 2 offtakes during the March Qtr, they should have a decent amount of cash in the bank which should help in paying for the 4 well intervention program.
Volume produced till Sunday (April 17th) is ~383k bbls, so another 9 days left to get to 500k bbls at 13k BOPD.
Pencil in the Next Offtake around the time the Qtrly report comes out next week on 28th April.
Maersk Developer Rig is still in Rio harbour.
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