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

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.