Member Info for Newuncle

The news from BCE who operate in nearby fields on similar wells show there is value in pursuing Texas once Mavriky concludes the re-instatement of the leases.

Anyone arguing against that is only doing so to maintain their negative agenda against anything positive being posted here.

Well it says it all here when steve when gets ticked up for posting absolute garbage......trolls owning this BB

If only Evans had been paying the bills due to the land owners back in the day.....all this suspension could have been avoided.

Operating costs in the Fouke area are below US$5/bbl, supporting strong operating margins......same would equally apply to PPP lease wells.

FWIW BUCE are a very small player in onshore shallow wells and operate in an area close to where PPP have their wells....

They generate 150 bopd today and targeting 250 bopd on really low operating costs......when PPP restore their Texas leases I would expect them to be be much bigger..much, much bigger..... add in Louisianna...Alberta....and other regions in N America too.....all good news to come here.

Where there's life there's hope...BUCE doing rather well this week.

For those who know FA about Texas (ie Lewis), this is interesting...I saw this and thought of you affrm...enjoy

Buccaneer Energy (AIM: BUCE), an international oil & gas exploration and production company with development and production assets in Texas, USA, is pleased to share a recent interview with Chief Executive Officer Paul Welch on ADVFN's Capital Compass.

Watch the full interview here:

https://uk.advfn.com/market-news/article/15618/buccaneer-energy-building-momentum-through-cash-flow-and-strategic-growth

The interview outlines Buccaneer's strategy of building a low-cost, cash-generative production base in Texas while progressing high-return growth initiatives across the Pine Mills Field.

Highlights:

·

Current production of approximately 150 bopd, with management targeting the next operational milestone of approximately 250 bopd

·

Free cash generation exceeded US$250,000 in the latest month at current oil prices

·

Operating costs in the Fouke area are below US$5/bbl, supporting strong operating margins

·

Organic Oil Recovery ("OOR") pilot demonstrated encouraging early production and reduced water cuts

·

Fouke waterflood identified by management as the key driver of the next material increase in production and reserves

·

Carlisle #1 acquisition delivering payback in under six months and IRR in excess of 80%

Ageing well....

"Today is not gonna go up but not gonna go down either"

Hmmm.............nostradamus

Looks likely another extension to be announced.

Amazing, usually it's debt owed by the plc that keeps companies down but here it's the other way around but a bad debt is a bad debt.

I wish the Directors here would just stop issuing silly deadlines for repayment and then extending and taking until way past the due date to RNS it.

Shabby

Affrm is very optimistic

Still drinking from the half empty cup then...be more like affrm and try drinking from the half full cup for a change.

Still nothing from Lewis on his claims that Texas is dead.....guess he's having a late breakfast and/or brunch?

So Gasman, you're suggesting the Grand Chief was not being honest in his comments made during the call when Texas was discussed?

Brown Sauce of course...red sauce is for people with zero taste buds...see danny baker

Well Lewis has told everyone here that he knows why Texas is dead but doesn't want to share his sauce......strange that?

Looks like Lewis can't back up his claims on Texas.......🎣

Lewis,

Why don't you write another letter to them asking?

This was for Jesse White's case.....wonder where they are at now?

Case Number CR-2026-000312

Hearing 18 May 2026 14:00 Companies application

Deputy Insolvency and Companies Court Judge Arumugam.

Remotely via MS Teams.

You mean this one?

"Michael, if you look hard enough, you will find the news the company has failed to RNS once again.. Texas is dead for the time being."

What was the actual question you were asking affrm (aka Michael) to reply to?

10-Sep-25 Lewis Steeper v Pennpetro Energy PLC

Part 8 Claim - Miscellaneous Application under the Companies Act

CR-2025-006258

Case Withdrawn

22-Dec-25 Blomqvist v Lunn, Pennpetro Energy Plc, Petroquest Eneryg Limited, Michael Carrick, Aventa Capital Partners Ltd

Part 7 Claim - Miscellaneous

BL-2025-001643

16-Jan-26 Jesse White v Pennpetro Energy Plc

Part 8 Claim - Amend the Register at Companies House

CR-2026-000312

May-26

LSE Takeover Panel Complaint re RMD being over 30%

You and others actions delayed coming back by many months.

Take responsibility

Trap set by ssccss there.

Impossible to answer without giving him an opportunity to attack as usual there.