Afawcett,The issue with Hummer B2 from my perspective - assuming...

Afawcett,

The issue with Hummer B2 from my perspective - assuming it is a success is that 75% of net revenue goes straight to the debt holders who financed PSA's contribution to this well, so actual cash flow contribution to PSA will be very modest for a considerable period. PSA only have a @10% revenue interest in the well from memory, therefore a minor stakeholder and one of the reasons shareholders have not been advised promptly of delays and issues (as the operator is not too concerned keeping PSA management informed on a daily basis). Let's just hope there are no further delays or cost overruns, we really needed this well in production 3 months ago to assist paying corporate costs. I don't see cash flow from MENA for 4-6 months IF they ever get the green light.

Has anyone undertaken any potential production/ cash flow projections for B2 - or did PSA publish something in any updates?