Buccaneer Energy Ltd. (fka BCGFQ)

[DeepDownResources]

Fishin, no it doesn't look good.

But not much has changed except that they spent 5 million to drill a dry hole. Southern Cross was a much bigger hit and West Eagle wasn't a high priority until after they left it.

Reserves still the same, production rate still the same, loan with Meridian still the same as last month.

Not really even sure why they would suspend trading in Australia.

I notice the link to Cook Inlet Keeper, he's a blow hard and his facts are squishy at best.

The most important thing the company could do now is decide how they are going to handle the Meridian loan coming due and announce next plans for onshore and offshore drilling.