Buccaneer Energy Ltd. (fka BCGFQ)

[Greenoilman]

The pictures show pretty severe whether, but I think an all new board is having an effect. Perhaps Alan has less patience than Dean for performance. It seems that Jim Watt was just let go and Andy Rike is taking over his duties.

http://www.buccaneerenergy.com/updates_from_ceo Perhaps the board took a look and decided that Alaskaman was right about what was wrong with the Alaskan strategy.

http://seekingalpha.com/instablog/650237-alaskaman2030/1747491-we-all-love-the-blame-game-but-who-really-stalled-buccaneer-energys-endeavour-s

You have to believe they took one look at the "Stellar" deal that these guys cut and the performance they have turned in and it probably became pretty clear why Curtis has been adding bodies. What probably wasn't clear was why these guys were still there. How many geologists do you need anyway.

Interesting that the only things that have actually gotten done are stuff that was bought after the purchase of Stellar. It also seems that Andy only took over all operations after Kenai number 3. Then a long pause before Kenai number 4 and now with all the issues surrounding the lease hold, the expiring Units, etc. Jim gets fired. Very interesting.