Buccaneer Energy Limited Announce Funding For Jack-Up Rig Acquisition

Buccaneer Energy Limited advises that due diligence investigations by the Alaskan Industrial and Development Export Authority ("AIDEA") in respect to AIDEA making a direct equity investment into the Company's wholly owned subsidiary Kenai Offshore Ventures, LLC ("Kenai Offshore") is preceding satisfactorily.
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Source: Press release