Buccaneer Energy targets three projects with P50 potential of 250 Bcf and NPV10 of $500 million
Buccaneer Energy PLC said low oil prices in Q1 forced it to shut in high-volume, low-return wells, and it targets three projects with P50 potential of 250 Bcf and NPV10 of $500 million.
Sept. 30 (Reuters) — Buccaneer Energy PLC reported interim results for the six months ended 30 June 2026. The company said low oil prices in Q1 forced it to shut in a number of high-volume, low-return wells. Buccaneer Energy said it is targeting three projects with P50 potential of 250 Bcf and NPV10 of $500 million.