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Nostra Terra Oil and Gas ( (GB:BUCE) ) has issued an update.
Buccaneer Energy has completed an updated reserve valuation tied to its credit facility with WAFD Bank, confirming a 6% increase in total proved net reserves and an NPV10 of $9.6m, even after the lender applied a more conservative oil price deck with a 14% reduction in near‑term price assumptions. The borrowing base under the senior facility has been reaffirmed at $4.25m at a 6.75% interest rate, with the board expecting the facility to grow as production, cash flows and reserves expand, underscoring the strength and scalability of Buccaneer’s low-cost Texas asset base despite a cautious outlook for global oil prices.
The most recent analyst rating on (GB:BUCE) stock is a Sell with a £0.01 price target. To see the full list of analyst forecasts on Nostra Terra Oil and Gas stock, see the GB:BUCE Stock Forecast page.
Spark’s Take on GB:BUCE Stock
According to Spark, TipRanks’ AI Analyst, GB:BUCE is a Underperform.
The score is driven primarily by very weak financial performance (losses, negative equity, and negative operating/free cash flow). Technicals are also bearish with the stock trading below key moving averages and negative MACD, only modestly tempered by oversold readings. Valuation provides limited support due to negative earnings and no stated dividend yield.
To see Spark’s full report on GB:BUCE stock, click here.
More about Nostra Terra Oil and Gas
Buccaneer Energy Plc is an international oil and gas exploration and production company listed on AIM, with a portfolio of producing and development assets in Texas, USA. The company’s operations are focused on onshore fields such as Pine Mills, Fouke and the Permian Basin, where low operating costs support resilience in a volatile oil price environment.
Average Trading Volume: 202,354,269
Technical Sentiment Signal: Sell
Current Market Cap: £1.37M
Learn more about BUCE stock on TipRanks’ Stock Analysis page.