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BUCCANEER ENERGY LIMITED - ASX: BCC
The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.
Description
Buccaneer is an upstream oil and gas company. It specialises in the development and expansion of behind-pipe proved and probable reserves and low-risk exploration plays with growth potential. Buccaneer’s growth strategy is focused on the progressive expansion of oil and gas production and reserves by acquiring significant working interests in low-cost, low-risk development properties that possess a significant undeveloped upside.
West Eagle Project, Alaska
Low-cost, high impact oil and gas project, onshore eastern Cook Inlet, Alaska; acres leased; surrounded by >100bcf fields with multiple stacked pays. Two wells included in the leased area with potential gas and oil pay on the logs.
North Middle Ground Shoal (Southern Cross Unit), Alaska
High impact oil and gas project, offshore in the central Cook Inlet, Alaska; acres under lease; on trend and a continuation of the 187 mmbo Middle Ground Shoal Field.
North West Cook Inlet, Alaska
High impact offshore oil and gas project in 4-way closure on the northwest flank of the 1.8 tcfg North Cook Inlet Gas Field.
West Nicolai Creek, Alaska
Low-cost, high impact onshore gas project, with 5,653 acres under lease; analogous to the >10bcf Nicolai Creek Gas Field with multiple stacked pays.
Pompano Project
Pompano produced approximately 120 BCF of gas between 1968 and 2003. PDPs assigned to 2 wells and PUDs assigned to 5 wells.
Lee Country Project
Low-cost, high impact oil and gas project, onshore south-eastern Texas; > 2,500 acres leased; independent geologist states the project has the potential to be 'company maker' Wells drilled in the 1940's recovered both oil and gas in DSTs, Cores and Pipe tests.
Ruby Project
Ruby is a Miocene field extension with proven gas and condensate objectives. The field has already produced 1.1 tcfe. 'Tex W ' consists of a stacked group of highly productive sands (12,500 ft.); recovery from nearby wells has ranged from 5-30 bcf.
Mine For
oil, gas
Location of operation(s)
USA
Address
Level 9, 25 Bligh St
SYDNEY, NSW, AUSTRALIA
Phone
+ 61 2 9233 2520
Website
http://www.buccaneerresources.com/
Last Updated
19/04/2011
The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.
