Borders & Southern Petroleum plc
04 January 2007

Borders & Southern Petroleum plc (the 'Company')



4 January 2007



Borders & Southern Petroleum plc ('the Company') received notification on 4
January 2007 in accordance with Part IV of the Companies Act 1985 (as amended),
that Artemis Investment Management Limited through its subsidiary company
Artemis UK Smaller Companies Limited have a notifiable interest in 6,260,000
ordinary shares, representing 4.9 per cent of the issued ordinary share capital
of the Company.










This information is provided by RNS
The company news service from the London Stock Exchange

Although they stated it should have been out by now BOR are still processing the 3D survey data, I wonder if the delay is because a third party is also looking at it ?....any thoughts as to the suggestion of a farm-in from one of the larger players.Only mention this as other sites(ii) seem to be adopting this view.

BOR has got to be a SELL looking at the graph as the delay in survey data and no news on the front will dip to 40p I guess

attached shows 200 dma firmly breached ..... another falklands E&P minnow, and find it hard to disagree with hyleo .... see also my (constructive!) comment this morning on FOGL

I think we are right, cynic.

but i didn't short unfortunately ..... but maybe not too late here or with FOGL

We are so right, cynic. Yippee!

as far as i can see, concrete(!!) results for any of these FI E&P companies is a very very long way off .... though i would anticipate oil to return to a "natural" level of say $95/100, that could still be 2/3 months away, and even at those levels, i wonder if any of these FI companies would be profitable, even if any of them actually found commercial quantities of oil.

with the markets likely to remain jittery for some time at least, i do not think it too late to short them, though FOGL would probably be my choice

16.5p, cynic, it's been a good shorting.

ITS ALSO BEEN A VERY GOOD LONG?

Good start to the day.

Another good rise,do some research on this,lots more to come .