Buccaneer Energy on Oil Price Surge

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Buccaneer Energy on Oil Price Surge In this interview, Paul Welch, CEO of Buccaneer Energy, shares how rising oil prices are dramatically improving margins and cash flow. With production climbing and operational focus shifting toward maximising existing assets, the company is entering a strong growth phase. Paul also outlines upcoming catalysts including water flood expansion and production targets heading toward 200 barrels per day. Key Takeaways: Oil price surge has boosted margins to ~$65 per barrel, significantly increasing cash flow Production rising from ~120 to ~150 barrels/day, targeting ~200 by year-end Focus shifting to optimising existing wells and water flood projects for organic growth 🔗 Latest Research Talks Video: https://www.youtube.com/watch?v=nWkjM4gfIn4 📰 Sign up to our newsletter: https://mailchi.mp/stockboxmedia.com/ 🐦 Follow us on X: https://x.com/StockBoxMedia 🔔 Subscribe for more mining market insights: https://www.youtube.com/@UCvEDzwl9YeMcuXmJBNQBBsQ