BUCCANEER ENERGY LIMITED (BCC)



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General Information
Company Name: Buccaneer Energy Limited
Stock Code: BCC
Website: www.buccenergy.com
GICS Sub-Industry: Oil & Gas Exploration & Production
Market Cap ($M): 54
Equiv. Shares (M): 1,546

Current Price Data+
Current Price Open High Low Last Close Volume Price Movement
 $ 0.035 $ 0.036 $ 0.037 $ 0.035 $ 0.036 3,248,686 $ -0.001  -2.778 %

Company Overview

Business Description:
Buccaneer Energy Limited (BCC) is an oil and gas exploration company based in Houston, Texas. The company specialises in the development and expansion of behind-pipe proved and probable reserves and exploration plays with its focus on the Gulf of Mexico, Texas and Alaska.


Financial Summary
Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014  F 15.7 0.6 200.0 5.5 -- 0.0 --
2013  F 3.6 0.2 -- 23.3 -- 0.0 --
2012  A -16.3 -1.8 -- 0.0 0.0 0.0 --
Source: Aspect actuals / Thomson IBES estimates

Peer Comparison
EPS Growth (%) P/E (%) Dividend Yield (%)
Company Mkt Cap 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
Buccaneer Energy (BCC) $56 M -- -- 3.2667 -- 24.0000 5.6250 0.0000 0.0000 0.0000
Beach Energy (BPT) $1,610 M 0.7828 -0.2483 0.1432 11.9924 15.9548 13.9560 0.0177 0.0177 0.0177
Oil Search (OSH) $10,720 M -0.3691 0.0607 1.8198 72.4638 68.3177 24.2277 0.0048 0.0051 0.0051
Santos (STO) $12,623 M -0.1141 0.3991 0.2473 29.0695 20.7778 16.6582 0.0229 0.0229 0.0229
Woodside Petroleum (WPL) $31,028 M 0.1834 0.0142 0.1159 15.4591 15.2433 13.6603 0.0332 0.0527 0.0585

Market Comparison
Earnings P/E Ratio P/B Ratio P/E Growth P/S Ratio
BCC -- -- 1.50 -- 10.00
Market 1.10 12.9 0.91 2.56 2.61
Sector 1.34 15.7 0.79 2.28 5.20

Directors
Name Position Start Date
Mr Curtis Burton Chief Executive Officer,Managing Director 09 July 2007
Mr Dean Lloyd Gallegos Executive Director 03 July 2007
Mr Alan John Broome Non-Executive Chairman 11 July 2007
Frank Culberson Non-Executive Director 15 August 2007

Management
Name Position
Bruce David Burrell Company Secretary
Allen Huckabay Executive Vice-President, Exploration & Development (Buccaneer Alaska)
Mark Landt Executive Vice-President, Land & Business Development (Buccaneer Alaska)
Clint Wainwright Executive Vice-President, Operations & Business Development (Buccaneer Resources)
Andy Rike Operations Officer (Buccaneer Resources & Buccaneer Alaska)
James Watt President, (Buccaneer Alaska LLC)

Substantial Shareholders
Holding Name
97,522,668 (7.38%) Zenith Securities Pte Ltd
70,829,471 (5.36%) Republic Investment Management Pte Ltd

Calendar of Events
Date Event
29 April 2014 Report (Quarterly)
30 January 2014 Report (Quarterly)
30 October 2013 Report (Quarterly)
21 October 2013 Report (Annual)
27 September 2013 Report (Annual)
30 July 2013 Report (Quarterly)
© 2011 Morningstar, Inc. All rights reserved. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for use or distribution of any of this information. To the extent that any of the content above constitutes advice, it is general advice that has been prepared by Morningstar Australasia Pty Ltd ABN: 95 090 665 544, AFSL: 240892 (a subsidiary of Morningstar, Inc.), without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain financial, legal and taxation advice before making any financial investment decision. If applicable investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). DISCLOSURE: Employees may have an interest in the securities discussed in this report. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/fsg.asp.

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