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Borders & Southern Petroleum (BOR)     

markymar - 26 Sep 2009 13:39

http://www.bordersandsouthern.com/home/

http://www.falklands-oil.com/


http://www.fogl.com/

http://www.bgs.ac.uk/falklands-oil/images/legislation/A3Map.jpg

Exploration for oil and gas

Borders & Southern is a UK-based, London Stock Exchange (AIM) listed company, engaged in the exploration for hydrocarbons. The company is focused on frontier or emerging basins where there is potential to identify and commercialise high value prospects.

The company’s first project is located to the south of the Falkland Islands where it holds a 100% interest and operatorship in five Production Licences covering an area of nearly 20,000 sq km. The acreage is completely untested. The company is currently planning its first drilling campaign.


http://www.bordersandsouthern.com/investor_relations/news/RNS/

markymar - 12 Feb 2010 08:09 - 13 of 245

Should be an RNS maybe soon!!!!

halifax - 17 May 2010 17:34 - 14 of 245

Good rise in sp today, do they have a rig or perhaps a farm in partner?

cynic - 17 May 2010 17:50 - 15 of 245

shame the same didn't apply to either RKH or DES!

required field - 17 May 2010 20:42 - 16 of 245

Topped up today...

cynic - 17 May 2010 20:54 - 17 of 245

i toyed with the idea of this one, but decided that 2 falklands stock was more than sufficient, so stayed with DES and RKH ..... no doubt those too should at least start tomorrow well after dow's about-turn

markymar - 17 May 2010 22:10 - 18 of 245

No Rig or ship No Partner No money to drill...Very deep and expensive... a little meat on the bones to get my teeth in to.yarn

halifax - 17 May 2010 22:21 - 19 of 245

marky they raised over 100million recently sufficient to drill 3 wells... ...keep up!

markymar - 17 May 2010 23:51 - 20 of 245

yarn..................

halifax - 18 May 2010 00:10 - 21 of 245

marky still not up to speed!

markymar - 18 May 2010 08:02 - 22 of 245

NO EIA without it they cant drill!!!!!
No Money to drill
No partner

Its a sell or Hali tell us why its a buy i bet you cant as you dont know how to put a sentence together...its like pissing in the dark.

cynic - 18 May 2010 08:08 - 23 of 245

i have a feeling that one of the big investment banks is very keen on this stock, though i forget which - not that that is a huge endorsement

halifax - 18 May 2010 08:35 - 24 of 245

cynic you are right largest shareholders are:-
Lansdowne 15.86%
Black Rock 6.05%
Credit Suisse 5.62%
Henderson 5.19%
Allianz 4.3%

RNS released on 26/11/09 confims the raising of 113.1milliion by way of a placing through Mirabaud,Ocean, and Panmure Gordon.

halifax - 20 May 2010 11:53 - 25 of 245

RNS full year results show they have $200million in cash more than enough to drill 2/3 wells which they plan to do towards the end of 2010 and first quarter 2011. Environmental impact statement has been submitted and they are looking to contract a rig possibly on a cost sharing basis (FOGL?).SP around 65p possibly a good time to get in before they do a RKH.

markymar - 20 May 2010 17:23 - 26 of 245

Halifax RKH hit oil, Border dont even have a rig booked or a ship and i doudt they will get one look how long it took Desire and there are few deep water high spec rigs around.

NO EIS

NO PARTNER if what they had was that good they would have partners knocking on the door they dont.

Its in undrilled very deep water and untested.

Its a BIG SELL it aint goning a do a thing untill they have EIS and a drill ship booked so could be years away.

halifax - 20 May 2010 17:34 - 27 of 245

marky you are amazing you started this thread and now you are trying to de-ramp BOR .So far BOR has done everything right they have more than enough cash to drill 2/3 wells,they await approval of their Environmental Impact Statement (EIS),they are actively seeking a rig possibly in partnership with the likes of FOGL,and finally may be open to a takeover bid being more cash rich than some other oiles in the Falkland Islands.

halifax - 26 May 2010 15:57 - 28 of 245

Have moved some RKH profits into BOR as a longer term Falklands oil play.

cynic - 26 May 2010 16:04 - 29 of 245

compared to some others in this micro-sector, BOR is positively staid, but that is not necessarily any bad thing

Chart.aspx?Provider=EODIntra&Code=BOR&Si

markymar - 27 May 2010 10:01 - 30 of 245

well timed Halifax!!!!

Still No EIS cant drill without it

No partner

No rig or ship and after BP cock up in deep water they may have big problems getting EIS approved or a rig.

Its still a sell untill further news

halifax - 27 May 2010 10:06 - 31 of 245

marky you are so blinkered all you say equally applys to FOGL as this is a deep water drill.

markymar - 27 May 2010 10:11 - 32 of 245

FOGL have a rig slot and EIS and partner BOR do not and maybe years from getting a rig hence its dead money and the price will drop.

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