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<title>Buccaneer Energy Plc — News on 6ix</title>
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<description>Latest news and press releases for Buccaneer Energy Plc on 6ix.</description>
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<title>Buccaneer Energy Plc</title>
<link>https://6ix.com/company/buccaneer-energy-plc</link>
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<title>Stockbox Interview Highlights & Event Reminder</title>
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<pubDate>Wed, 15 Apr 2026 09:32:00 GMT</pubDate>
<description>Buccaneer Energy Plc provided an update highlighting strong operational performance and increased margins at its Pine Mills Field, with current production around 150 barrels of oil per day (bopd) expected to rise to 155-160 bopd, benefiting from realised prices of approximately US$98 per barrel. Operating costs remain low at under US$5 per barrel in the Fouke area, contributing to estimated operating margins at Pine Mills increasing from US$40 to US$70 per barrel, equating to roughly US$270,000 </description>
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<title>Investor Presentation</title>
<link>https://6ix.com/company/buccaneer-energy-plc/news/investor-presentation-631</link>
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<pubDate>Thu, 09 Apr 2026 06:00:00 GMT</pubDate>
<description>Buccaneer Energy Plc announced that its CEO will host a live interactive investor presentation on the Engage Investor Platform on Thursday, April 16th at 3:30pm BST, providing an opportunity for shareholders and interested investors to submit questions.
Disclaimer*</description>
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<title>Completion of Carlisle-1 Acquisition</title>
<link>https://6ix.com/company/buccaneer-energy-plc/news/completion-of-carlisle-1-acquisition</link>
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<pubDate>Mon, 16 Mar 2026 07:00:00 GMT</pubDate>
<description>Buccaneer Energy PLC has completed the acquisition of a 100% working interest in the Carlisle-1 well, effective January 1, 2026, and funded partly by a £350,000 raise. This acquisition immediately increases the company's production to approximately 155 barrels of oil per day, adding 25 barrels per day from Carlisle-1, which has low operating costs of US$6.23 per barrel and a strong netback of approximately US$65 per barrel, generating an estimated US$50,000 in net cash flow monthly. The well hol</description>
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<title>Holding(s) in Company</title>
<link>https://6ix.com/company/buccaneer-energy-plc/news/holdings-in-company-1196</link>
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<pubDate>Thu, 12 Mar 2026 16:58:00 GMT</pubDate>
<description>Spreadex LTD has acquired a significant stake in Buccaneer Energy PLC, crossing a notification threshold on March 11, 2026. The company now holds 4.3091% of voting rights attached to shares and an additional 2.1561% through financial instruments, bringing their total holding to 6.4652% of the total 1,200,300,000 voting rights. This notification reflects an acquisition or disposal of voting rights and financial instruments.
Disclaimer*</description>
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<title>Total Voting Rights</title>
<link>https://6ix.com/company/buccaneer-energy-plc/news/total-voting-rights-901</link>
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<pubDate>Tue, 03 Mar 2026 16:31:00 GMT</pubDate>
<description>Buccaneer Energy Plc announced that following a successful fundraise and the issuance of fundraise and supplier shares, its enlarged issued ordinary share capital will comprise 18,565,531,999 Ordinary Shares, with no shares held in treasury. This figure, effective after admission on March 10, 2026, will serve as the denominator for shareholders calculating their notification obligations under the FCA's Disclosure Guidance and Transparency Rules. The fundraise, supported by Premier Miton and othe</description>
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<title>Completion of £350,000 Fundraise</title>
<link>https://6ix.com/company/buccaneer-energy-plc/news/completion-of-pound350000-fundraise</link>
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<pubDate>Mon, 02 Mar 2026 15:27:00 GMT</pubDate>
<description>Buccaneer Energy PLC has successfully raised £350,000 through a subscription and placing of 3,500,000,000 ordinary shares at 0.01p each, with support from Premier Miton, Directors, Management, and existing shareholders. These funds will be used to acquire the Carlisle 1 well for $425,000, adding approximately 25 barrels of oil per day to net production, bringing the total to around 160 bopd, and to expand the Organic Oil Recovery program which previously achieved a 100% production uplift. Direct</description>
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<title>Successful Organic Oil Recovery Pilot Project</title>
<link>https://6ix.com/company/buccaneer-energy-plc/news/successful-organic-oil-recovery-pilot-project</link>
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<pubDate>Mon, 16 Feb 2026 07:00:00 GMT</pubDate>
<description>Buccaneer Energy PLC has successfully completed an Organic Oil Recovery pilot project in its Pine Mills field, East Texas, which increased average production from 15 barrels of oil per day to approximately 30 barrels of oil per day, a 100% rise, and reduced water cut from 80% to 0% in one treated well, all at a modest cost comparable to a routine workover. Based on these encouraging results, the company plans to treat remaining wells in the Battery 3 area in March and expand the program across t</description>
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<title>WAFD Bank – Borrowing Base Reserve Update</title>
<link>https://6ix.com/company/buccaneer-energy-plc/news/wafd-bank-borrowing-base-reserve-update</link>
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<pubDate>Wed, 28 Jan 2026 07:00:00 GMT</pubDate>
<description>Buccaneer Energy Plc has announced an update to its borrowing base reserve valuation with WAFD Bank, confirming a 6% increase in total net proved reserves, resulting in an NPV10 of $9.6 million, despite the lender applying a more conservative oil price outlook with a 14% reduction in near-term price assumptions. The company's borrowing base under the WAFD senior facility remains confirmed at $4.25 million, supported by the resilience and low operating costs of its onshore Texas assets.
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<title>Operational Update</title>
<link>https://6ix.com/company/buccaneer-energy-plc/news/operational-update-122</link>
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<pubDate>Mon, 15 Dec 2025 07:00:00 GMT</pubDate>
<description>Buccaneer Energy Plc announced an operational update for its Fouke area in the Pine Mills field, detailing plans for a secondary recovery waterflood scheme using the Turner #1 and Daniel #1 wells as injection points. This initiative aims to increase reservoir pressure and improve oil recovery, with expected additional waterflood volumes ranging between 667,000 and 1,002,000 barrels, significantly enhancing the 333,851 barrels of oil recovered through primary recovery as of September 2025. The co</description>
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<title>Acquisition of Additional Fouke Area Acreage</title>
<link>https://6ix.com/company/buccaneer-energy-plc/news/acquisition-of-additional-fouke-area-acreage</link>
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<pubDate>Thu, 27 Nov 2025 07:00:00 GMT</pubDate>
<description>Buccaneer Energy Plc has acquired a 32.5% working interest in additional leasehold acreage west of the Allar #1 location in the Fouke area of the Pine Mills field, enabling a potential westward sidetrack of the Allar #1 well away from a bounding fault. This acquisition also includes the Turner #1 and Daniel #1 wells, with Turner #1 planned for near-term production and Daniel #1 retained for future waterflood development. Discussions are underway with the Texas Railroad Commission regarding an en</description>
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<title>Results of Allar #1</title>
<link>https://6ix.com/company/buccaneer-energy-plc/news/results-of-allar-1</link>
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<pubDate>Mon, 10 Nov 2025 07:00:00 GMT</pubDate>
<description>Buccaneer Energy Plc announced that the Allar #1 well, in which it holds a 32.5% working interest, was drilled to 5,767 feet but did not encounter a commercial hydrocarbon accumulation in the 2nd sub-Clarksville unit. The well will be plugged and abandoned, and the drilling rig will move to drill the Fouke #4 well. Despite the disappointing results, the company stated that valuable subsurface data was gathered which will inform future drilling plans and de-risk the upcoming Fouke #4 location. Bu</description>
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<title>Completion of £500,000 Fundraise</title>
<link>https://6ix.com/company/buccaneer-energy-plc/news/completion-of-pound500000-fundraise</link>
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<pubDate>Mon, 03 Nov 2025 07:05:00 GMT</pubDate>
<description>Buccaneer Energy PLC successfully completed a fundraise of approximately £500,000, equivalent to about US$675,000, through the subscription and placing of 2,961,185,383 ordinary shares at a price of 0.017p per share. Additionally, the company will issue 250,000,000 ordinary shares to certain suppliers as consideration for services. The proceeds will fund Buccaneer Energy's share of a Bitcoin mining operation in the Fouke area, and the company plans to establish a Bitcoin Treasury function. Direc</description>
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<title>Proactive One2One Investor Forum</title>
<link>https://6ix.com/company/buccaneer-energy-plc/news/proactive-one2one-investor-forum</link>
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<pubDate>Tue, 21 Oct 2025 06:00:00 GMT</pubDate>
<description>Buccaneer Energy PLC, an international oil & gas exploration and production company with assets in Texas, USA, announced it will present at the Proactive One2One Investor Forum in London on Thursday, October 23, 2025, at 5:30 pm. The forum will be hosted at The Chesterfield Mayfair, located at 35 Charles Street, London, W1J 5EB. The presentation delivered by Buccaneer CEO Paul Welch will be available on the company's website, www.buccaneerenergy.co.uk.
Disclaimer*</description>
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<title>Construction of Allar #1 well site</title>
<link>https://6ix.com/company/buccaneer-energy-plc/news/construction-of-allar-1-well-site</link>
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<pubDate>Thu, 16 Oct 2025 06:00:00 GMT</pubDate>
<description>Buccaneer Energy PLC announced the commencement of construction at the Allar #1 well site, the first of two planned development locations in the Fouke area of the Pine Mills Field. The Allar #1 well, in which Buccaneer Energy holds a 32.5% working interest, is expected to spud in late October, with drilling operations anticipated to take up to two weeks to complete and evaluate. This well is designed to build on the company's recent operational success and enhance production in the Pine Mills Fi</description>
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<title>Drilling Rig Selected for Allar #1</title>
<link>https://6ix.com/company/buccaneer-energy-plc/news/drilling-rig-selected-for-allar-1</link>
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<pubDate>Wed, 15 Oct 2025 06:00:00 GMT</pubDate>
<description>Buccaneer Energy PLC announced the selection of a drilling rig for the Allar 1 well (WI: 32.5%) in the Fouke area of the Pine Mills Field, with drilling tentatively planned to commence in the last week of October, dependent on drilling pad construction. The well is anticipated to take up to 2 weeks to drill and evaluate. If successful, Allar 1 is expected to produce at a field allowable rate of 124 bopd gross, similar to the initial rates of Fouke 1 and 2. The company intends to use associated g</description>
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<title>Change of Registered Address</title>
<link>https://6ix.com/company/buccaneer-energy-plc/news/change-of-registered-address-36</link>
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<pubDate>Fri, 26 Sep 2025 16:00:00 GMT</pubDate>
<description>Buccaneer Energy PLC, an international oil & gas exploration and production company with AIM ticker BUCE, announced a change of registered address. Effective September 29, 2025, the company's new registered address will be 6th Floor, 99 Gresham Street, London, EC2V 7NG.
Disclaimer*</description>
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<title>Contract with Bitcoin Storage and Trading Company</title>
<link>https://6ix.com/company/buccaneer-energy-plc/news/contract-with-bitcoin-storage-and-trading-company</link>
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<pubDate>Thu, 18 Sep 2025 06:00:00 GMT</pubDate>
<description>Buccaneer Energy PLC announced a contract with BitGo, a digital asset infrastructure company, to serve as their official custodian through BitGo Trust Company, Inc. This partnership includes trading support via BitGo's OTC platform. This move prepares the company for potential future Bitcoin revenues from its Fouke area development in Pine Mills, where they plan to monetize expected gas production by partnering with a Bitcoin miner. The company is establishing procedures to handle, store, and tr</description>
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<title>Replacement – Share Issuance</title>
<link>https://6ix.com/company/buccaneer-energy-plc/news/replacement-share-issuance</link>
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<pubDate>Mon, 08 Sep 2025 06:00:00 GMT</pubDate>
<description>Buccaneer Energy PLC announced an amendment to its share issuance, originally released on September 5, 2025. The company will now issue 175,000,000 shares to Roast PR Ltd and Visitz Ltd for media services, replacing the previously stated 142,499,999 shares. These shares are issued at a price of £0.00018 each. Following admission to trading on AIM, expected around September 12, 2025, the company's total issued ordinary share capital will be 11,524,346,616 shares, an increase from the former total</description>
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<title>Share Issuance</title>
<link>https://6ix.com/company/buccaneer-energy-plc/news/share-issuance-2</link>
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<pubDate>Fri, 05 Sep 2025 16:45:00 GMT</pubDate>
<description>Buccaneer Energy PLC announced the issuance of 142,499,999 new ordinary shares at a price of 0.0018p per share to Roast PR Ltd and Visitz Ltd as consideration for media related services. Application has been made for these shares to be admitted to trading on AIM, with admission expected around 12 September 2025. Following admission, the company's enlarged issued ordinary share capital will comprise 11,491,846,616 Ordinary Shares. This figure can be used by shareholders to calculate their interes</description>
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<title>Engage Investor Presentation</title>
<link>https://6ix.com/company/buccaneer-energy-plc/news/engage-investor-presentation-1</link>
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<pubDate>Thu, 28 Aug 2025 06:00:00 GMT</pubDate>
<description>Buccaneer Energy Plc will host a live interactive presentation on the Engage Investor platform on Tuesday, September 9th, at 3:00 PM UK time. The company encourages current shareholders and interested investors to join the presentation and pre-submit questions, with the option to submit questions during the live event as well. Investors can sign up to Engage Investor at no cost and follow Buccaneer Energy Plc from their personalized investor hub.
Disclaimer*</description>
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