If GC21 goes south, buyback won't be an option, as they will need to provision cash for further capex required on GC21 in line with their JV agreement.
Given they won't know how much, it will rule out any option that requires cash.
As I said, another GC21 blowout or failure could sink this now
Ann: Green Canyon 21 Recompletion Set to Recommence, page-34
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