Buccaneer Energy expands Texas output with Carlisle-1 well acquisition
March 17, 2026
(World Oil) – Buccaneer Energy has acquired a 100% working interest in the Carlisle-1 well in the Pine Mills field, East Texas, strengthening its position in the Fouke area and increasing near-term production and cash flow. The well is currently producing about 25 bopd, lifting the company’s total output to approximately 155 bopd. Carlisle-1 benefits from low operating costs of about $6.23/bbl and
