Robin Fielder: As I mentioned, some of those customers there are several that are seeking some funding or loans from the Department of Energy. So they’re engaged in some of those processes. Tim mentioned and we put in our press release that we participated in a DoE project with the Port of Corpus Christi, we will be receiving a grant there to do a feasibility study on our storage locations to start off a CCS solution for that region, which is really right for additional investment and export out of the port itself. So again we’re putting everything in the right order, getting the right steps made to make sure that we’ve got the transport and storage solutions ready to go as the customer base starts to make their call.
Leo Mariani: Okay, that’s helpful for sure. And I guess just on your new CCS project in Southeast Texas. I guess that’s fairly contiguous with Bayou Bend. I think you guys have a 25% interest in Bayou Bend, is it kind of the same interest and kind of this new sort of much larger add-on piece here?
Robin Fielder: So this is all onshore. So we’re talking about East Texas onshore. So it’s separate from Bayou Bend but we like the opportunity there to be able to move volumes to different areas. I mean that’s going to be a key feature of many of these storage locations in our portfolio whereby we can have agreements to move volumes to different stores. Again, it’s about that operational assurance that our customer base is looking for that we can keep those CO2 volumes moving. So again, great that we can address two industrial regions both Beaumont Port Arthur and Houston Ship Channel. And so really ideally situated there in the Southeast Texas onshore space.
TimDuncan: Yes, look there is some tightening on the final agreements there, that specific to your question on working interest should be no less than what we’re doing by Bayou Bend but let us wrap that up and we’ll come back to the group and come back to the market and finalize all that. I think Chevron talked about it yesterday on their Analyst Day. I think there’s a quick slide out there on the acreage set, but it’s an exciting development, and I think it’s exciting partnership and its leadership position. So it checks all the boxes. And then as everything gets tightened up, we’ll come back to the market.
Leo Mariani: Thanks, guys.
TimDuncan: All right, thanks, Leo.
Operator: This concludes our question-and-answer session. I would like to turn the conference over to Tim Duncan, President and CEO for any closing remarks.
Tim Duncan: Okay. Thanks for joining the call. It’s going to be a very busy 2023. I think it was a long call. There’s a lot going on both in recent successes in our drilling program and exciting opportunities and what we’re doing in the capital program. The wells we’re trying to bring online and the impact will have on 2024 and the rapid growth of the CCS business. A lot to do, the team is hyper-focused on it. I appreciate everyone’s support and we look forward to coming back with updates.
Operator: The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.
