Ravenau joined the Panama division, which, touching again at their old quarters on the island of St. John, took off a prisoner who had made his escape when they were last there, and proceeded to land and capture the town of Villia with 160 men. Marching with great rapidity they reached the town an hour after sunrise, and surprising the inhabitants at mass, took 300 prisoners. They then attempted to capture three barks lying in the river, but the Spanish sailors sank one and destroyed the rigging of the other two. Gathering together all the merchandise of the town left by the fleet, the invaders found it to amount to a million and a-half, valued at 15,000 pieces of eight in good silver. Much treasure was, however, buried, the Spaniards submitting to death rather than confess their hiding-places.

The next day a party of fourscore men were sent to drive the pack horses to the river side to load the booty in two Spanish canoes. They despaired of obtaining any ransom for the town, as the alcalde major had sent to them to say that the only ransom he should give was powder and ball, whereof he had a great deal at their service; that as to the prisoners, he should entrust them to the hands of God, and that his people were getting ready as fast as they could, to have the honour of seeing them. Upon receiving this daring answer, the Buccaneers, in a rage, fired the town and marched to the river. As the Spanish ambuscades prevented the boats coming up to meet them, the adventurers put nine men on board the boats, the men marching by their side to guard them from attack. On the other side, unknown to them and hidden by the trees, marched 900 Spaniards. When they had proceeded about a league, an impassable thicket compelled them to make a diversion of some 200 paces, an accident which involved the loss of the whole plunder of Villia.

Before they left the boats, the captain ordered the crews to stop a little higher up, where the three Spanish barks lay, and endeavour to bring them away. On arriving there they were surprised by an ambuscade, and as they defended themselves against the Spaniards, the current drove them on beyond the three barks and far from the main body. Seeing them now helpless, the enemy discharged sixty musket shots at them, and killed four men and wounded one. The rest, abandoning the canoes, swam to the other side of the river, while a dozen Indians wading in brought the boat to the Spaniards; cutting off the head of a wounded man and setting it on a pole by the shore.

The Buccaneers who did not hear the firing, were astonished on returning to the river to see no canoes, and while waiting for them to come up, for they supposed they were behind, the rowers, who had escaped, broke breathless through the thicket, and told their story. Luckily in their flight through the wood they had discovered the rudders and sails of the three barks, in which the Buccaneers at once embarked, and sent fifty-six men on shore to recover the fittings, agreeing that each should fire three guns as a signal. Soon after they had landed, the report of about 500 guns was heard, but before they could reach the enemy the Spaniards had fled. Going ashore the next day, they found the two canoes dashed to pieces, and the bodies of the dead much mutilated—the head of one set upon a pole, and the body of another burnt in the fire. These objects so enraged the Buccaneers, that they instantly cut off four of their prisoners' heads, and set them on poles in the same place. Their own dead they carried with them to bury by the sea-side—the fitting burial-place for seamen. Three times they had to land to break through ambuscades at the river's mouth, in the last attack losing three men. With a Spaniard who came on board, they agreed for a ransom of 10,000 pieces of eight, but threatened to kill all the prisoners if the money was not brought in within two days. Upon the stubborn alcalde seizing the hostages who were sent ashore to obtain money to release their wives, the Buccaneers cut off the heads of two prisoners and sent them to the town, declaring that if no ransom was paid, they would serve the rest the same, and having put the women on an island, would come and capture the alcalde. The same evening came in a promise to pay all the ransoms, and to bring besides, every day while they stayed, ten oxen, twenty sheep, and 200 lbs. of meal. For a Buccaneer's fire-arms which the enemy pretended to have lost (for the Spaniards were fond of French arms), they paid 400 pieces of eight. They also bought one of the captured barks for 600 pieces of eight and 100 lbs. of nails, of which the adventurers stood in great need, but her tackle and anchors were not surrendered. They obtained also a Flibustier passport that the bark should not be retaken, although her cargo might be confiscated. Having then obtained a parting present of 100 salted beeves, from this long-suffering place the French set sail. Afraid to land on the continent, which was guarded by 4,000 men, they abstained, till, nearly dying with thirst, they made a descent with 200 sailors, driving off the Spaniards, whom they found lying on the grass about 100 paces from the sea.

Lussan says they saw "we were a people who would hazard all for a small matter."

Landing at midnight at a small island near Cape Pin, they were discovered by the pearl divers, but still contrived to capture a ship at daybreak. From their prisoners they heard that the Spaniards had lately defeated a party of thirty-six, French and English, from Peru, who were attempting to pass into the North Sea by the river Bocca del Chica. Two parties of English, forty each, on their way into the South Sea, had also been massacred all but four, who were prisoners at Panama. To balance these ill omens, tidings of prizes reached the Buccaneers on every hand. A bark was lying in the Bocca del Chica river, waiting for 800 lbs. of gold from the mines to bring to Panama. Two ships laden with meal and money for the garrison of Lima were also expected; and from a prisoner (a spy, it afterwards appeared), captured at the King's Islands, they learnt that two merchant barks and a piragua with sixty Indians lay in the river of Seppa, besides a frigate and scout galley under the guns of Panama.

Much in want of vessels, and not suspecting the prisoner, four canoes were sent at once to cut out the barks of Panama, the "Greek" soldier going with them readily as a guide. They arrived two hours before daylight, and the moon shining very bright they waited for a cloud to obscure it, seeing, as they thought, the anticipated prize lying near with her sails loose. By mere chance, the adventurers, to waste no time, pursued a vessel just leaving the port, thinking it was the scout galley, and took it without a shot. Upon examination, the captain confessed their guide was the commander of a Greek piragua, and had been promised a large reward by the governor of Panama to betray them into his hands. The ship they saw was a mere sham of boards and sails, built upon firm land, only a pistol shot from the port. They supposed that the Buccaneers, eager to take her, would row up, and so drive their canoes far on shore, and hoped to overpower them before they got off. The Greek captain being at once identified as a spy, was, says Ringrose, "sent to that world where he had designed to send us." The fleet then proceeded to take the islands of Ottoqua and Tavoga, losing two men in the Greek's second ambuscade at Seppa, but capturing in their way a bark from Nata laden with provisions, after a few discharges of musketry, the Spanish captain swimming to shore. From Tavoga they sent a message to the governor of Panama, to say that if he did not at once surrender his five English and French captives, they would at once put to death fifty Spanish prisoners.

They then anchored again at the King's Islands, and sent a galley and four canoes up the Bocca Chica river to see if the Indians were at peace with Spain or not, and to destroy an ambuscade of 100 Spaniards, who they heard were lying in wait on the banks for thirty freebooters, on their way from the South to the North Pacific. Carried swiftly up the river by the current, the guide, compelling them to row faster just before daybreak, brought them, much to their astonishment, at a bend of the river, opposite the camp fires of the enemy. The guide being hailed, replied they were from Panama; and being asked the name of the commander, hesitated about a fitting title, and received a volley in return. The Buccaneers driving off the enemy with two patereroes, passed them quickly, and, anchoring out of reach, waited for the ebb tide to return. Putting all their men under deck, the adventurers returned about an hour before daylight, saluting them with four paterero shots as they passed, and receiving no injury in return. The next day, taking a small Indian vessel, the Buccaneers landed lower down the river, intending to take the Spanish entrenchment in the rear; but seeing the enemy putting out a piragua to attack their galley, they returned in great haste and landed opposite the Spanish court of guard, killing a great many men and driving out the rest. They also shot an Indian, who, mistaking them for Spaniards, followed them and reviled them as they were re-embarking. The prisoners told them that the neighbouring town of Terrible was prepared for their coming. A letter to the camp-master of Terrible was found in the entrenchment. It concluded thus: "I have sent you 300 men to defeat these enemies of God and goodness; be sure to keep upon your watch; be afraid of being surprised, and your men will infallibly be gainers in defeating of them." The prisoners also put them on their guard as to many ambuscades and secret dangers. Having burnt the guard-house, and carried off the piragua with some pounds of gold-dust, the Buccaneers departed, dismissing the Indians to propitiate the nation who had received commission from the President of Panama to arm canoes against them. While descending the river, having put some Spanish prisoners on deck to deceive the Indians, some natives came and brought gold-dust to them, taking them for friends. A few days after this, forty Spanish prisoners put ashore at the King's Islands, met accidentally with some canoes, and escaped to Panama.

The French were now again surprised as they had been before, three of the enemy's vessels approaching under cover of an island. By venturing a dangerous passage between the island of Tavaguilla and a rock the Buccaneers at last obtained the weather-gauge. The fight lasted till noon, and the Spaniards were driven off in all attempts at boarding. Throwing grenades into the biggest ship, one of them set fire to some loose powder and burnt a great many men; and during this confusion, the adventurers boarded the enemy, who rallied in the stern, and made a vigorous resistance, but at last begged for quarter. The second was also at the same time carried and taken. The third, a kind of galley, pursued by three Buccaneer vessels, ran ashore and staved to pieces, few of the crew escaping, not more than a dozen, Ringrose thinks. In the frigate eighty men were killed and wounded out of 120 on board. The second ship had only eighteen unhurt out of eighty. All the officers were killed and wounded, and the captain received no less than five musket shots. He was the soldier that had received five wounds resisting them at Puebla Nueva, and he had also planned the ambuscade at Villia.

While busily employed in splicing the rigging and throwing the dead overboard, two more sail were seen bearing down from Panama. The English instantly put up Spanish colours to allure them, and placed the French and English beneath them. As the foe drew near, they received a volley, and, firing hurriedly, at once fled to the frigate which they supposed still theirs. The frigate replied by some grenades, which sent one to the bottom, and the piragua boarded the other, and, finding four packs of halters on board, put all the crew to death in revenge. They had been directed to spare none but the Buccaneer surgeons, and to send troops of horse to cut off all that escaped in canoes. On the very next day they took a shallop from Panama which the president had sent to pull up an anchor that the adventurers had left in the bay. Only one Buccaneer was killed in the fight, but Captain Townley and twenty men were wounded, and most of these died, for the Spaniards poisoned their bullets. They now sent a prisoner to the president, demanding his five captives and medicines for the use of his own people. The messenger was also told to complain heavily of the massacre of the three parties at Darien.