Let's give credit where credit is due!Managements decision to buyback shares appears to be a very good decision. Focus on reducing debt is another positive move. I will give credit to CEO and CFO for this move!! Positive step in the right direction. This shows they are doing everything possible in a diciplined way. I will wait to see turnaround. It is much cheaper to buy their own stock for cancellation (at roughly $3.15 USD a barrel ) compared to $48/barrel breakeven point to receive through drilling. Some may call it financial engineering but it makes sense to cancel as many shares as possible at lowest share price.