Buccaneer Energy PLC BUCE

Buccaneer Energy Plc (AIM:BUCE, FRA:LMU1) shares rose over 15% to 0.011p in early Friday trade after chief executive Paul Welch told the SmallCapPix platform that net production has more than doubled since mid-2024. The AIM-listed oil and gas exploration and production company holds assets in...

Buccaneer Energy Plc (AIM:BUCE, FRA:LMU1) is raising £460,000 to launch a European gas strategy, eyeing projects in Italy, Czechia and Turkey. That's alongside its Texas oil production, which generated positive cash flow in June. Predator Oil & Gas Holdings PLC (LSE:PRD) has moved its Snowcap-3 well in Trinidad closer to drilling. Site prep is underway now, with drilling and testing expected to wrap by early November. 80 Mile PLC (AIM:80M, OTCQB:BLLYF) says drilling at its Jameson Land project in Greenland is being pushed back to winter 2027. It also got a formal warning from Greenland's gover

Tower Resources (AIM:TRP) has raised £400,000 to bolster working capital while it waits on government approvals in Namibia and Cameroon. The company says both farm-out deals could complete as early as July. Buccaneer Energy (AIM:BUCE) says its proved reserves rose 18% in an independent review tied to its bank credit facility. The borrowing base was confirmed at $4.45 million, with more growth expected as production ramps up. Light Science Technologies (AIM:LST) has secured up to £1.66 million in orders for its passive fire protection division since April's RLUK Injection acquisition. The compa

Atome PLC (AIM:ATOM) has landed $420 million in debt financing for its Villeta green fertiliser project in Paraguay. Major backers include the European Investment Bank, the IFC and the Green Climate Fund. CEO Olivier Mussat highlighted the significance of the project due to growing volatility in global fertiliser supply chains. Active Energy Group (AIM:AEG, OTCID:AEUSF) is acquiring a second grid connection asset, taking its total secured capacity to 13 MVA. The company is targeting 100 megawatts within 18 months, with some sites potentially generating revenue within a month. Buccaneer Energy

Buccaneer Energy Plc (AIM:BUCE, FRA:LMU1) CEO Paul Welch talked with Proactive's Stephen Gunnion about the company’s latest acquisition and how it is set to strengthen near-term cash flow while unlocking longer-term production growth. Welch explained that the newly acquired Carlisle-1 well increases Buccaneer’s production to around 155 barrels of oil per day, providing a meaningful boost to revenue generation. At current oil prices, the asset is expected to generate around $50,000 per month in net free cash, highlighting the importance of the acquisition for the company’s financial position. W

Coinsilium Group (AQSE:COIN, OTCQB:CINGF, FRA:5CT) has made its first move into prediction markets, putting $150,000 into Singapore-based Predictive Labs. The deal gives the company a 5.5% stake, with options to increase that up to nearly 30% down the line. Tower Resources (AIM:TRP, FRA:ULF1) has raised £1.5 million to clear a bridge loan as farm-out approvals in Cameroon and Namibia finally look close. The company still hopes to drill the NJOM-3 well in Cameroon in Q3 this year. Buccaneer Energy (AIM:BUCE, FRA:LMU1) has completed the acquisition of 100% of the Carlisle-1 well in East Texas, w

Buccaneer Energy CEO Paul Welch joined Steve Darling from Proactive to confirm the company has closed a £350,000 fundraise to finance an adjacent producing-well acquisition in East Texas and accelerate its Organic Oil Recovery (OOR) programme. The raise included participation from institutional investor Premier Miton Group plc, alongside directors, management, and existing shareholders. Welch said proceeds will fund the acquisition of a 100% working interest in the Carlisle 1 well in the Fouke area of the Pine Mills field for US$425,000. The well is expected to add approximately 25 barrels of

Pan African Resources PLC (LSE:PAF, OTCQX: PAFRY, JSE:PAN) posted record first-half profits of US$147.8 million with production up 51%. Net debt is down nearly 70%, and the company expects to be in a net cash position by month end. Great Southern Copper PLC (LSE:GSCU, FRA:E9E) reported high-grade copper hits at the Mostaza deposit at the Cerro Negro project in Chile. Management says the system is growing at depth and could link into a much larger deposit. Buccaneer Energy Plc (AIM:BUCE, FRA:LMU1) doubled production at its Pine Mills field in Texas in a successful organic oil recovery pilot. Wa

Optima Health PLC (AIM:OPT, OTC:OHLTF, FRA:J3N) is buying PAM Healthcare for around £100 million in cash. The deal boosts scale in the UK and Ireland, cementing its position in an attractive and growing market. Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF, FRA:H3O) reported a six-fold jump in flow rates at its ITW-1 well in Tanzania's southern Rukwa basin. The company will now launch a formal farmout process to bring in a partner for development. Buccaneer Energy Plc (AIM:BNE) says output doubled in an Organic Oil Recovery pilot at its Pine Mills field in Texas. It plans to roll out the recover

With the business potentially at an important milestone, we thought we'd take a closer look at Buccaneer Energy plc.'s...

Ecora Royalties PLC (LSE:ECOR, TSX:ECOR, OTCQX:ECRAF, FRA:HGR) just hit a major turning point with its critical minerals portfolio now outperforming its steelmaking coal assets. A massive boost in copper and cobalt helped the group pull in $57 million last year, with a $14.3 million contribution in the fourth quarter. Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) has successfully brought its new Mateguafa 8 well in Colombia onto production. The company is already moving the rig to drill a new horizontal well at the site this month. Buccaneer Energy Plc (AIM:BUCE, FRA:LMU1) has grown i