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Borders & Southern - Here we go (BOR) (BOR)     

Proselenes - 15 Jun 2011 08:54

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cynic - 23 Apr 2012 15:37 - 664 of 1086

sorry MrP, but noises off sound more like the rumble of the tumbril than the oil barrel being rolled out

Proselenes - 23 Apr 2012 16:11 - 665 of 1086

It will be interesting when BOR complete the wireline.

The market has now done its worst on BOR - so anything else announced will all be considered upside.

If the remaining 92.5 meters has more net pay of condensate, or even oil below 4776 meters - then this is all now bonus upside.

The media leaks at the weekend could allow BOR a nice advantage in that they can peacefully finish off wireline and any additional net pay or oil, will be seen as a bonus in and "Completion of Wireline" RNS.

And if there is nothing more, well, the market has priced that in already.

markymar - 23 Apr 2012 16:45 - 666 of 1086

yarn the same old bull again and again....Facts NO OIL,just gas,what kind of gas? how much? apart from that its not worth 400 million.

halifax - 23 Apr 2012 16:47 - 667 of 1086

looks like this one is yet another PP pump and dump.

Proselenes - 23 Apr 2012 17:14 - 668 of 1086

I have put the Darwin, Stebbing, Loligo and Scotia locations on here.

As you can see Darwin is prime for gas. Stebbing is more likely to be oil

Loligo and Scotia targets for FOGL are in the oil window - much more likely to be oil

targets.png

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halifax - 23 Apr 2012 17:16 - 669 of 1086

more ramping PP?

Shortie - 23 Apr 2012 17:34 - 670 of 1086

I'd have to agree with the majority on LNG, although its potential does sit in the future currently its pretty worthless especially as a deep water find, the technology for commercial extractation doesn't exist at the moment.

Darwin being condensate however proves the maturity of the field so makes Stebbing more attractive, well in my eyes anyway.

Each to their own, more then enough valid points on this thread for anyones looking at BOR. Good luck all which ever way your betting

Proselenes - 23 Apr 2012 17:42 - 671 of 1086

Shortie, if Darwin (East+West) is around 3Tcf, and Stebbing say 5Tcf or more.

Then BOR has another 5 "Darwin" lookalikes, and FOGL has 11 of them

Add these all together and its starting to look like 100 Tcf of gas in a small area - that would be very attractive to many to develop.

Today people are looking at one drill and not thinking about the wider picture.

halifax - 23 Apr 2012 17:46 - 672 of 1086

PP you are at it again "think of a number"!

cynic - 23 Apr 2012 17:47 - 673 of 1086

that line of logic is fine for a 6 year-old but i'm sure does not add up, not least because it starts with an unproven premise

required field - 23 Apr 2012 17:49 - 674 of 1086

I don't know what all the deramps are for : this is a great success...first well and perhaps a commercial condensate discovery on its own...that's just on its own because pipelines can be linked under the sea...challenging but feasible...now for the second well.....just imagine if all four (or five) wells hit a target and there is a big, big chance of that happening.....will there still be groans and moans ?.....this is a superb drilling campaign gathering momentum.....and I for one shall be delighted as an amateur investor to see this through....

halifax - 23 Apr 2012 17:51 - 675 of 1086

rf the pie remains in the sky!

required field - 23 Apr 2012 17:52 - 676 of 1086

Very sharp Halifax.....I had thought of it myself before I corrected it ...cheers....(:))

Balerboy - 23 Apr 2012 18:01 - 677 of 1086

I think rf has joined pro as a convert.,.

required field - 23 Apr 2012 18:02 - 678 of 1086

I was beamed aboard his mothership and indoctrinated before being returned to earth.......(laughter like Amadeus)....

Proselenes - 23 Apr 2012 18:19 - 679 of 1086

I think there is still significant news to come, from ongoing wireline.

As I said earlier, perhaps an oil show zone from 4776 meters down to 4810 meters.

Will be good to get the final completion of wireline RNS and a full run down on all reservoirs found and what they contain.

As of now, wireline is still ongoing and not yet complete.

HARRYCAT - 23 Apr 2012 18:21 - 680 of 1086

I hope you weren't probed in any uncomfortable places rf???

markymar - 23 Apr 2012 19:28 - 681 of 1086

RF where does the pipe line go to ? RF please get your head round this they dont need gas they need oil hence Bor is not worth the 400 mill price tag on it with one drill left.......30p if the next drill fails.

Pro now ramping they have 16 other gas fields......u got to laugh at that now.

To get oil out the ground RKH are talking 2016

Bor gas may take 10 years or more it may also be poor mans gas hence an even bigger fall soon.

cynic - 23 Apr 2012 20:03 - 682 of 1086

MrP - that'll be 2/3/4 months away

Balerboy - 23 Apr 2012 20:43 - 683 of 1086

sooo true marky.,.
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