• Longboat expect to have a £9 mm in cash at YE22. • Current drawings on the company’s EFF is £44 mm. This will be repaid when the Norwegian tax rebate is received in November 2023. The drawings on the EFF represents up to 95% of the tax rebate. • The size of the EFF is being increased from £49 mm to ~£65 mm with the availability period extended to YE24. This is important as this increase will provide the required funding to drill the last well of the current drilling campaign in 3Q23. • We fore ....