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/

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......

Nasty news on the way, I think as sp slipping away.

Can't be sure of anything as far more buys than sells....

Still looking at investing here but will wait on sidelines for now.

Where is the next support level for this SP?

hlyeo98

Your post's are always negative

I think he has reason, ald.,.

Big time shorter is hlyeo! Direct and fires from the hip.

Good start this morning.
Down towards 50p or up towards 70p whilst we await news?

29 June 2012


Borders & Southern Petroleum PLC

Result of AGM

Borders & Southern Petroleum PLC announces that at its Annual General Meeting, held this morning at 10:00am, all resolutions were duly passed.

For further information, please visit www.bordersandsouthern.com or contact:

Howard Obee, Chief Executive

Borders & Southern Petroleum plc

Tel: 020 7661 9348

Katherine Roe / Callum Stewart

Panmure Gordon (UK) Limited

Tel: 020 7459 3600

Simon Hudson

Tavistock Communications

Tel: 020 7920 3150

Notes:

Borders & Southern Petroleum plc is an oil & gas exploration company listed on the London Stock Exchange (AIM: BOR). The Company is focused on frontier or emerging basins where there is potential to identify and commercialise high value prospects. Its project in the Falkland Islands comprises five Production Licences (100% interest) in the South Falkland Basin covering an area of nearly 20,000 square kilometres. The Company has acquired 2,862 km of 2D seismic and 1,492 sqkm of 3D seismic and drilled one exploration well. A second exploration well (61/25-1 on the Stebbing prospect) is currently drilling.

-ends-