RE:RE:RE:RE:share buy backs are obvious
This message was in the facebooks africa oil investor group. We were in Cape Town last week for Africa Oil Week conference and investor meetings. Returned back today after a very productive trip. My response to your questions: 1. We have decided not to press release the Prime dividend receipts any longer. This is because of our strong debt-fee balance sheet and instead we will update the market on the Prime dividends received as part of our quarterly results. So, this implies that we could have received a further dividend in September, which would be covered in our Q3'22 report. 2. As of now, no trigger prices have been triggered. All recent cargoes have sold at spot. 3. We are not currently in a blackout period. We will go into a blackout period in mid-October due to our Q3'22 reporting. Why do you ask? 4. Are you referring to OML 130 extension? If yes, it is not necessary. 5. It is possible that the Board could raise the CAD 95 million limit. Best regards, Shahin