Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
…
continue reading
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!
Go offline with the Player FM app!
Buccaneer Energy CEO on Allar #1 well results and next steps
MP3•Episode home
Manage episode 518730791 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Buccaneer Energy Plc (AIM:BUCE) CEO Paul Welch talked with Proactive's Stephen Gunnion about the results from the Allar #1 well and the company’s forward strategy. Although the well did not encounter commercial hydrocarbons, Welch explained that it yielded valuable subsurface data that confirms the positioning of a key bounding fault. Welch said, “As we got closer to that fault, the sand thinned and became shale-ier. And so there just wasn't special amount of hydrocarbons here to complete the well in this location.” Despite the outcome, he noted the findings were instrumental in refining the placement for future wells. He also discussed the upcoming Fouke #4 well, which is expected to replicate the performance of Fouke #1 and #2, potentially delivering 124 barrels per day at field allowable rates, with a net of 40 barrels per day to Buccaneer. At current prices, that equates to approximately $55,000 per month in net cash flow. Operational constraints mean a sidetrack from Allar #1 would require partner approval, but Welch remains optimistic about reaching a productive zone slightly west of the original bore. Turning to current production, Welch said the Pine Mills field is generating steady cash flow with low operating costs. He highlighted the potential to double output from Fouke #2 once a gas gathering system is installed to reduce backpressure. To stay updated with Buccaneer Energy Plc and more interviews, visit Proactive's YouTube channel. Don’t forget to like this video, subscribe, and enable notifications for future content. #BuccaneerEnergy #OilAndGas #EnergyExploration #PaulWelch #Allar1 #FoukeField #TexasOil #UpstreamEnergy #WellDrilling #PineMills #EnergyInvestment #OilProduction #OilIndustryUpdates
…
continue reading
608 episodes
MP3•Episode home
Manage episode 518730791 series 2891889
Content provided by Proactive Investors. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Proactive Investors or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Buccaneer Energy Plc (AIM:BUCE) CEO Paul Welch talked with Proactive's Stephen Gunnion about the results from the Allar #1 well and the company’s forward strategy. Although the well did not encounter commercial hydrocarbons, Welch explained that it yielded valuable subsurface data that confirms the positioning of a key bounding fault. Welch said, “As we got closer to that fault, the sand thinned and became shale-ier. And so there just wasn't special amount of hydrocarbons here to complete the well in this location.” Despite the outcome, he noted the findings were instrumental in refining the placement for future wells. He also discussed the upcoming Fouke #4 well, which is expected to replicate the performance of Fouke #1 and #2, potentially delivering 124 barrels per day at field allowable rates, with a net of 40 barrels per day to Buccaneer. At current prices, that equates to approximately $55,000 per month in net cash flow. Operational constraints mean a sidetrack from Allar #1 would require partner approval, but Welch remains optimistic about reaching a productive zone slightly west of the original bore. Turning to current production, Welch said the Pine Mills field is generating steady cash flow with low operating costs. He highlighted the potential to double output from Fouke #2 once a gas gathering system is installed to reduce backpressure. To stay updated with Buccaneer Energy Plc and more interviews, visit Proactive's YouTube channel. Don’t forget to like this video, subscribe, and enable notifications for future content. #BuccaneerEnergy #OilAndGas #EnergyExploration #PaulWelch #Allar1 #FoukeField #TexasOil #UpstreamEnergy #WellDrilling #PineMills #EnergyInvestment #OilProduction #OilIndustryUpdates
…
continue reading
608 episodes
Semua episod
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.