http://www.bordersandsouthern.com/

A recent new IPO with 50 million shares placed at 20p.

Borders & Southern holds a 100% equity interest and operatorship in five Production Licences covering an area of nearly 20,000 sq km in the Falkland Plateau sub-basin. The acreage is located approximately 150 km south-east of the Islands. The Production Licences, with an effective date of 1st November 2004, provide exclusive rights for surveying, drilling and production within the specified area.



RNS's from BOR can be viewed at:

http://www.uk-wire.com/cgi-bin/index?search_type=3&words=bor&go.x=7&go.y=9

Now up 11.11%. This can go the same way FOGL went. They are both operating in the same area, FOGL shot up from 50p ish to a high of 136p and is currently at 111.50p mid. There are some good buys coming in. I can see this going higher today.
wilbs

Now up 14.29%. Get in quick!!!!!
wilbs

Are you ramping wilbs !!Does look an interesting one.

Me ramping???? Of course not jimmy. This has alot further to go. On the same par as FOGL. In the 90's some of the oil majors shell etc.. drilled some wells in the north falklands but all the wells were dry. They left the south alone but its expected to contain $h!t loads of oil. The only prob is the conditions of the sea and the depth but looks very prommising.
wilbs

nothing like a right royal ramp.

looks interesting. will pop on watch

rgds
PT

Its def one to watch. No ramping just wanna share it with you!!!
wilbs

of course! would i ever think such a thing!

by the way, met tallsiiiiiii recently. he said that you and i share the same first name. i knew there was something i liked about you!

Thats what they all say!!!
This has been rising nearly every day. Glad im in.
wilbs

Another rise this morning on 3 trades. Its been blue everyday this week.

Still ticking up.1.43%.

Borders & Southern Updates Falkland Islands Technical Evaluation
Wednesday, May 24, 2006
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Exploration Update

Technical evaluation indicates that Borders & Southerns Falkland Islands licences are located in a unique sweet-spot for trap development and source maturity on the offshore extension of the Andean fold belt trend, which has been proven prolific onshore South America

2D seismic data acquired in 2005 has revealed previously unrecognised potential

The size and quality of the Company's lead inventory has increased significantly since the Companys AIM listing in May 2005

Numerous structural leads have been mapped that are capable of exceeding the minimum economic field size as defined by consultants Scott Pickfords independent analysis

Encouraging indirect indicators for hydrocarbons have been recognised

Cash position of 10 million at 1st April 2006

Commenting on the announcement, Howard Obee, Borders & Southern's Chief Executive, said, "The prospectivity of our acreage in which we have a 100% interest has clearly increased as a result of this technical work. The priority now is to further reduce risk through additional studies before taking decisions on how best to generate value from the next phases of exploration."