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/

Its a crazy price


BOR valued at nearly £600 million....no oil no gas at present.


RKH valued at 1 billion 355 million barrels of oil found also gas.

So what? When has a sp of a potential gusher ever truly reflected a realistic valuation of a company? RKH & DES were the same when they were approaching drilling news time.

I think we all agree that Borders is mighty risky as we speak....I'm in but not quite as much as before hence my sell yesterday of 50%.....fingers crossed....for a good result....

I think if she comes in it will be fantastic news for the Whole of the FI....

All quiet in FI not even a squeak.

I see BOR has a market cap 4 x bigger than Desire.....

DES have found oil and gas

BOR found gas,so a lot riding on this last well and if its a duster there is a huge fall going to take place as it is so overpriced.

Lets wait for the results of samples, they wouldn't be doing 3D if initial indications weren't good at Darwin.

Desire didn't find anything commercial so can't really compare to BOR yet!

When you look at LNG and the market its expanding.
http://www.shell.com/home/content/shipping_trading/about_shell_shipping/shell_fleet_lng_carriers/

markymar

do I read you are vias on your comments?

not any longer holding BOR but DES

do you take notice of BOR cash on your calculations?

?

I am holding DES,RKH also FOGL of FI shares.

I am not trying to deramp BOR as i do not wish to hold the share as it is overpriced, i don’t intend to buy the share not unless in was in the 40p area.

I think it’s a crazy price for it especially with one drill left and no money to drill after that drill.

We will get a better idea who is correct within 6 weeks time hope you make a fortune and the hit oil but the odds are slim.

re - 40p

Whos is wrong then ?

the Institutions are backing the company with placing @ 84p today

Institutions backed RKH at £3.15 and raised £206.3 million back in 2010 after hitting oil, they used that money to do appraisal of sea lion field only to find the price hit a low of £1.40 in 2011.

Thats life it dosent always work out the way you hoped.

For those looking at the economics, the minimum size field for dry gas is 5 Tcf, thats a dry gas target for BOR for Darwin (E+W). Of course, if its very rich in condensates that 5 Tcf will come downwards.




.

problems again with rig no more info as of yet.

Hope not we all want a big oil strike don'y we ?....a Huge oil strike...a Massive oil strike...an oil strike like nothing ELSE....why is it only little me that wants this ..? just a teeny-weeny little gigantic oil strike....

RF it would be great news for all if BOR hit oil.......BUT.......its slim,who knows.

Problems with the BOP again not sure how bad at this time or how long the delay.

MM, bit of buying late on. Maybe something brewing?

Testing 60p again!! Will it close above 60p?

Sp slipping but quite a few buys....

You still have about 10 plus before news as still drilling.

First target must have been reached by now......