John, are you on mute? Oh, sorry, I was on mute. I'm just sending a reminder to everyone that if you have questions, you can use the Q&A function, which will send questions along our way. Let's give it a minute. Okay, so we have our first questions come through. So the first is, how should we think about net debt to EBITDA after closing of the farm-down deal? So I guess this is something that we need to continue looking at. The net debt would be, of course, substantially improved. What is very important here is that we would, as part of the transaction, we're discussing with the banks in order to adjust our covenants for the foreseeable future. That would be part of the conditions for the transaction itself. Okay, thank you. The next question is. Yeah, the second question I can take, John. What is the status of the 3,000 barrels target? Well, on the operational side, everyone saw in the quarter announcement, we have already started with one drilling rig and with drilled 10 wells. After the campaign that was done, three wells in January, we have drilled 10 new wells. And out of those 10, three were put already in production out of the first steam injection cycle. Always the first steam, you don't have yet the expected, but all the projections and the forecast is that they are in accordance on our expectations. At the time, we have already engaged into the new campaign that probably now we will start in April 2025. As all of you know, we are facing this liquidity situation that we have to wait for this asset deal that also has been announced to finalize. Once this is finalized, we're going to have the CapEx need to engage in two major avenues. The one, reinitiate our workover campaign. We have more than, I would say, over 400 wells drilled by Petrobras that have not been touched yet. Also the drilling campaign out of the 10 up to 300 infill wells that we will drill up to 2027. Our target remains the same. We are able to still drill the wells needed to achieve that target time at the end of 2027. In regards to the rigs, we have sent proposals, I would say, two months ago, and we have been closing and closing these proposals. Today we have two contracts ready to be signed. We have to do an approval committee to decide which one of the two providers we are going to select. Those rigs are fit- for- purpose rigs, and initially with three and then adding up more case needed. They are going to go to the range of 750 to 2,200 meters. They are going to be mounted on wells. They're going to be really fit for purpose. They're going to be plug and play and much faster DTMs than the ones we have achieved with the prior rig we were using. The prior rig was a good one, but it was not as fast on the DTM. We averaged a little bit more than four days on each well, much lower than our AFE estimation. They were drilled all wells under budget. As I said, production is as we were expecting. Thanks. The next question is perhaps somewhat related. Could you guys please give an update about the drilling program and latest developments achieved by the company? John, can you repeat that? I got the. Yeah. Sorry. Could you please give an update about the drilling program and the latest developments being achieved by the company? The latest development, I just said those. We have just finalized 10, first, the three wells that we drilled in January. Now we did another campaign that finalized by end of September, and we drilled 10 new wells. Out of those 10 wells, 10 are already in production, and the other seven are in the process of being equipped to be steam injected. That's it. Yep, thank you. The next question is, what's the current production level? As we announced it, the average, as we are lower in CapEx, we are in a standstill on the CapEx expenditure. We are keeping the 6,800 average for the end of the year projection as well, so currently, today, it's 6,750 barrels per day oil. Okay, thank you. The next question is, what is the expected timeframe for closing the farm in, and what happens with the Petrobras contingent payment if the transaction doesn't close before year-end? So we are looking at closing as soon as possible. As you've seen, both parties have committed to a relatively short timeframe to provide definitive agreements and final authorizations from all the stakeholders to close on this transaction. We do expect now this to be extended, still targeting to close within this year. We are also looking at different alternatives if that transaction was going to be delayed in terms of its final execution. Thanks. The next question is, if all the wells drilled so far are fully operational, what production rate would that imply? Expected is a little bit above 100 barrels per well. So you can add other 700 barrels on what we have today. So it would be roughly, I would say, a little bit more than 7,800, 7,900. Thank you. And are you confident that MBD Partners really have access to funds needed for fulfilling the term sheet? We have seen a significant, let's say, backup to their balance sheet, and that was enough for us to basically sign this transaction. Thank you. And how do you intend to fund liquidity before you close the farm-out deal? We have entered into forbearance agreements with the banks. What was agreed with the banks is while in exactly this period when we are closing the farm-down deal, the company would focus its liquidity on the continuity of operations and maintaining production flat at the moment. We have released. We had a $10 million, $9.8 million debt service reserve account for this senior facility, which has been released for the period. We are also extending on certain amortization of prepayments from one of our off-takers. So both of these are right now sufficient to fund our company until the end of the year when we have the Petrobras payments. Okay, thank you. The next couple of questions may be somewhat related. Do you expect 30,000 barrels a day by end 2027? And could you please provide an update on what you could expect in terms of production and CapEx for 2025? So I think we have not guided yet for 2025 and 2027 onwards. I think the most important at the moment is to we still believe in, of course, all of the reserves, the potential to ramp up for sure. Nothing has been, if anything, it has been proven by the recent results of the drilling campaign. With regards to the final, let's say, guidance for the coming years, I will come back within this year to formalize. To complement your question, Thomas, I just would like to say that we are not standing still at all on the operational side. We had more than 176 licenses already approved to drill these new wells. As I said before, we have the contracting and selecting process in place to select who is going to be the provider for these three new fit-for-purpose rigs that we will start drilling next year as soon as the CapEx starts coming in. And we have enough workovers, in-Brazil rigs, and contracts also ready to be added into the current ones that we have in order to be able to achieve this workover campaign. So the timing and the scheduling of the production for next year, we really depend upon materializing the farm-in, and the injection of the CapEx into the system so we can use it properly. Okay? Okay. Very good. Thank you. As of now, those are all the questions we've received. I'll give a last call for further questions. But in the absence of anything more, José, I'll leave it to you to give your closing thoughts and remarks. Okay, we have a new question come in. How long might it take for production to go from the current level of 6,700 barrels a day to 7,800? So basically, it's just to put those wells that are waiting for the CapEx to get in. Basically, it's going to be every 14 days, every 10 days, 100 barrels. So how long is it going to take? I would say eight weeks, no more than that. And once the CapEx starts coming in, we are regaining our campaign of workover. We are working on modeling some of the fields that we have not entered yet. We have done 3D modeling as well in some of the existing modelings that we have. And we are uncovering some new objectives that we are going to address in the coming future. So that's the line to go while we are waiting for the CapEx to enter. But to be clear, José, I think on the question, it's just the completion. These wells have been drilled but remain uncompleted. Why they are uncompleted? Because the company has stopped investing in CapEx to maintain as much as it can, the liquidity. So this will be subject to further liquidity coming in. Okay. Very good. Thank you. That was the last question we had. So we can wrap it up here. José, if you have any final comments. My final comments are, we are in the process of finalizing this process with MBD and Trafigura, as has been announced at the Q3 earnings. We are moving as planned. On the operational side, as I said, we are moving much faster in getting licenses and having everything ready, keeping the amount of money that we have today. We are going on a pace that will keep our production at this level until a new injection comes. As Thomas said, the forbearance agreement is signed, and we are exactly fulfilling the requirements of this forbearance. Okay? So Thomas. No, we're working super hard to close these two transactions and be able to pay Petrobras and fund the company. After that, the company should be fully funded, and so that's what we are all working very hard at the moment on. All right. Thank you very much. And thanks, everyone, for attending. For any follow-up questions, you can reach me at the contact details in the earnings press release. Thank you very much. Thank you very much. Thank you. Bye-bye. Bye.