OML 127 and OML 130I think the recent pause share buybacks are due to the fact that the license renewals are taking longer than expected. Keith mentioned "should be" done by end the year and here we are still no PRs. So I think he is no conserving cash until that license Rene's gets done. Unfortunately, any delay is going to delay getting additional production...so AOI / Keith may also be gearing up for potential more volatile oil market in 2023.
long term still think we are golden, but just need to get past some uncertainties around renewing licenses and recession fears
cheers