RE:RE:Green light for stock buyback!!!Share price last 2 days has sure made buyback cheaper. Net debt probably around $325 million now.. going down by about $10 million a month at current commodity prices so still quite above the previous $225 target..
I would be in favor of reducing drilling a bit to stay flat and maximize buyback and debt repayment.. based on language in PR seems they may do that.. can really see the difference a good buyback makes.. those stocks have all held up much better than those like OBE with no return of capital.