Waiting for GodotWell, I hope this Godot will arrive but he has probably been delayed due to circumstances around the Russian Invasion. Meanwhile, I am hoping management steps up the buy back rates and then embarks on another program. with Russia out of commission , share prices can only go much higher. Furthermore, it is the Russians who have been financing the Venezuelans. That will probably stop and may take a long time to be replaced. Less heavy crude will sooner or later have an effect on North American pricing
Meanwhile , the USA will quickly be looking for more barrels ,particularly of the heavier type. Perhaps Ipco has a few thermal heavy crude wells still available to bring back on line !!