Great ResultsThis is what i expected from NVA, the management is excellent in bringing on and managing field production.
I would suggest rather than share buybacks, which really does not return capital to shareholders they pursue produciton growth, with a flat debt profile. Go for their 90,000 boe/day target.
If they want to start buying back their bonds they could do that, i would simply get debt down so when the notes come to term they can simply move the debt into their bank line.
This for sure is the turning point for the company, excellent job, hats off to management.
IMHO