Buccaneer said it had signed an agreement with an unnamed third party to sell 500,000 cubic feet of gas per day at $15 per Mcf for the period up until 31 December.
It added that there could be the ability to extend the contract or increase deliveries depending on the unnamed buyer’s requirements.
The company already has a sales agreement with another third party that sees it sell about 1 million cubic feet of gas per day at a price of $7.50
