Growth Strategy
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 significant undeveloped upside.
As a “wholesaler” of properties, Buccaneer identifies high quality projects early in their development and does not typically acquire properties in the “retail” market. It is able to do so largely as a result of its management’s extensive access to the prospect generator industry in the US market, both onshore and offshore. In fact, Buccaneer management has in excess of 175 years of experience in the oil and gas industry.
To gain strategic and tactical advantages over competitors in the marketplace, Buccaneer has executed Preferred Supplier Agreements with leading service industry participants. The Preferred Supplier arrangement ensures Buccaneer can act decisively with confidence when opportunities are identified.
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