S11 Ep27: Midweek Takeaway with Paul Welch, CEO of Buccaneer Energy #BUCE

In this Midweek Takeaway, the team is joined by Paul Welch of Buccaneer Energy, alongside Charles Archer, following Charles’s recent article highlighting why the company appears materially undervalued relative to its assets and cashflow potential.Paul discusses Buccaneer’s pivot to a waterflood development strategy after securing additional acreage, explaining how this could significantly increase recovery rates at relatively low cost. The conversation also covers expected production uplift, operating costs, lessons from the recent well result, and why a sidetrack still offers strong upside.The episode wraps up with an overview of Buccaneer’s low-cost production profile, near-term growth opportunities, and Paul’s view that oil prices are likely higher this time next year, potentially back into the $70s.Disclaimer & Declaration of InterestThis podcast may contain paid promotions, including but not limited to sponsorships, endorsements, or affiliate partnerships. The information, investment views, and recommendations provided are for general informational purposes only and should not be construed as a solicitation to buy or sell any financial products related to the companies discussed. Any opinions or comments are made to the best of the knowledge and belief of the commentators; however, no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion. Listeners are encouraged to perform their own research and consult with a licensed professional before making any financial decisions based on the content of this podcast