.

Sea Lion discovery RNS came out at 12:10.

So RNS could be anytime this morning, this afternoon, tomorrow morning......... just a case of wait and see.

Off topic ; I can never understand why the petrol stations don't put above or on the pumps a sign with the origin of where the fuel comes from....would make it more interesting and dehumanise the monotony of just fillin' up.....

Well...it looks like something hes been discovered here....the only other time I can remember when a rise like this happened and it went all pearshaped is when NOP were drilling on the Isle of Wight....

i do not have and never did have any problem in entering late .... prudent is what i would call it

5 million shares traded so far this morning.....2 hours into trading...

This will soon be in auction at this rate....

43% increase......holy.....----.......

No share price on their website......never seen that before....

Remembering Desire when its share price shot over £1 and later reported nothing.... Nah not going to happen....

Its 6:20 am in Port Stanley.

Got to let the locals wake up, buy some shares :)

Got to let BOR directors speak with the team in Stanley.


Afternoon RNS at the earliest, might be tomorrow even.

Sp all over the place.....

There is the shake to knock out the trailing stop losses.

Sp back on their website...no news....

0917 GMT [Dow Jones] Borders & Southern Petroleum (BOR.LN) shares soar over 33% to 93p, with traders noting market speculation that the company has struck oil around the Falkland Islands. However, a spokesman for the company says it hasn't received drilling results yet and will update the market as soon as the results come in. Shares in other Falkland Islands explorers are also up in sympathy, including Falkland Oil & Gas Ltd. (FOGL.LN) +18% at 81.0p, Argos Resources (ARG.LN) +137% at 18.9p, Desire Petroleum (DES.LN) +6.4% at 29.8p, and Rockhopper Exploration (RKH.LN) +3.3% at 365.8p. (iain.packham@dowjones.com)

How can their be results if the company has not released an RNS :) LOL

Dow Jones are muppets are they not - the company is hardly likely to say we have the results but not telling anyone.

They will wait for the official drilling results - and then an RNS will be released, its pretty simple.

Might not be until next week.....for the moment rumours of oil look good....but who knows ?....by the way the sp has reacted : it looks like a commercial discovery will send the sp to two pounds plus.....at least....fingers crossed and it might drop like a stone.....but perhaps if a certain amount of oil is there then the sp might stabilize around 50 to 70p ahead of the next spud.....pure guesswork....

Going long on FOGL now......will be patient right through the summer....at this stage...preferable than BOR for that....gives me more time.....

Looks like the next wave of deramping is to bullshit about "gas shows only".

LOL -

At the moment the flat spot looks like : gas above oil....rather than gas above water.....very promising for the rest of the campaign and this would encourage rig owners to allow a move to the falklands for future wells,,,,

Sea

Seabed

Seal

Gas

Flat Spot

Oil



:)