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/

cynic is prudence your "bird in the hand".......?

no bush, so i guess so :-)

News soon?

Maybe next week then?

Think that bush needs trimming.,.

Crew change tom......could be intresting.

i stupidly (greedily) bought back 3500 FOGL(!) @ 70p the other day, on the basis that they wouldn't fall to zero on another bor dud, but would do rather well on at least an encouraging fluke

Ah, thus eliminating the need for any gnashing of teeth!!! I thought you might! ;o)

pure gluttony (for punishment) - note bought FOGL NOT BOR

Have sold out of FOGL today also not holding BOR,BOR need to find oil not gas for now, very surprised to see the SP up today.

Who says it's only gas any gas ?......the trouble with rumours is that can you go by them ?.....if and it's a big if......gas would be good for FOGL because hydrocarbons are present here in the south falklands.....for BOR : it would have to be in quantity...several trillion cubic feet.....but until we have further news....to me FOGL is the one to be in and BOR is a gamble still.....

Don't want to be pedantic rf, but all of the Co's which haven't yet hit are a gamble.

True....the stockmarket itself is a gamble.....but does anybody on these threads enjoy 1 to 2 % interest a year in a savings account....?....complete waste of time that....as long as over a period of time : you make a profit on trading...what the hell......

Also when drilling through a gas section : you have to be extremely careful in order to prevent a blowout......it could be that a lot of gas has been discovered and they are drilling deeper to see if oil lies below......bound to be some rumours coming off that rig now.......how's our man on the rig ?.....by the way,... any women on oil rigs ?....never hear about them.....

if so, then the rumours can't be that good, for though sp has ticked up, it has assuredly not rocketed, which is the usual course of events ...... for that reason, i have now chucked out my modest holding in FOGL for a very small loss

Well, I'm staying put in both .......you just cannot go by anything just yet......FOGL might just spring higher on the result ....acreage is vast out there......a proven working petroleum system could send the sp up to 80 or 90p...I would like to think....

and a gas find or worse will send sp plummeting ..... meanwhile shall hold rkh

Am holding RKH and DES at mo so if BOR does come in then it should help lift the SP of the two i am holding, its also great news for the Falklands.

Its starting to look like a gas find........we dont need gas at this time its oil,good luck if your holding i am hoping to buy back in a lot lower than todays price.

I could also be very wrong thinking it is just gas.

Frankly.....nobody knows except for the people on the rig.....and it might just be gas above an oil reservoir....or is it gas above water.....gas signs sould be encouraging I would think.....

Hello...helllo.....a few more buys than sells on meagre volume.....but sp up a touch....