Midweek Takeaway with Paul Welch, CEO of Buccaneer Energy (LSE:BUCE) #BUCE

In this episode of The Midweek Takeaway, we’re joined by Paul Welch, CEO of Buccaneer Energy, to discuss the company’s successful organic oil recovery pilot at Pine Mills in East Texas.

The low-cost treatment doubled production from 15 to 30 barrels per day, with one well’s water cut falling from 80% to zero — boosting both output and margins. Paul explains how the process works, how quickly it could impact cash flow, and plans to roll it out across the wider field in 2026.

We also touch on growth ambitions, acquisition strategy, and the goal of significantly increasing production longer term.

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This 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