Weaker prices, lower production see Buccaneer losses widen
29th May 2026 14:10
(Sharecast News) - Buccaneer Energy reported a wider annual loss for 2025 on Friday, as weaker oil prices and lower production offset progress across its East Texas operations, while the company said higher crude prices since the outbreak of the Middle East conflict could support margins in 2026.
Read moreBuccaneer moving to next development phase at Fouke
15th Dec 2025 14:15
(Sharecast News) - Buccaneer Energy said on Monday that it planned to move into the next phase of development at the Fouke area of the Pine Mills field in Texas, where it holds a 32.5% working interest, following a recent technical review of the Allar 1 well and newly acquired offset acreage.
Read moreBuccaneer Energy expands position in Pine Mills field
27th Nov 2025 15:28
(Sharecast News) - Buccaneer Energy announced the expansion of its position in the Pine Mills field in Texas on Thursday, acquiring a 32.5% working interest in leasehold acreage west of its Allar 1 well, in a move the company said would enable new drilling options and additional production opportunities.
Read moreBuccaneer Energy begins construction at Allar 1 well
16th Oct 2025 15:38
(Sharecast News) - Buccaneer Energy said in an update on Thursday that construction has begun at the site of its Allar 1 well in the Fouke area of the Pine Mills Field in Texas, marking the start of the company's next phase of development activity in the region.
Read moreBuccaneer raises £0.6m to fund East Texas drilling
19th Aug 2025 12:22
(Sharecast News) - Buccaneer Energy said on Tuesday that it has raised £0.6m through a placing and subscription to fund drilling activity in East Texas, while also advancing plans to monetise associated gas production.
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