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/

http://www.proactiveinvestors.co.uk/companies/news/37687/falklands-oil-explorer-borders-southern-to-reach-turning-point-in-2012-says-broker--37687.html



Falklands oil explorer Borders & Southern to reach turning point in 2012, says broker 11:01 am by Jamie Ashcroft

http://en.mercopress.com/2012/01/22/falklands-confirms-second-oil-rig-has-reached-the-islands-spudding-planned-for-monday

Sunday, January 22nd 2012 - 05:44 UTC

Falklands confirms second oil rig has reached the Islands; spudding planned for Monday
Falklands oil industry sources confirmed that the semi-submersible Leiv Eiriksson oil exploration rig has reached Falklands’ waters and should be spudding its first well

1 February 2012







Borders & Southern Petroleum plc

("B&S" or "the Company")



Darwin Prospect - 61/17-1 Well Spud



Borders & Southern Petroleum plc is pleased to announce that their exploration well 61/17-1 was spudded on 31st January 2012. The well is located approximately 140 km south of the Falkland Islands. B&S is the operator of the well, holding a 100% interest in licence PL018. It is the first of a two well exploration programme.



The well is designed to test the Darwin East prospect, a fault / dip closed structure with a Lower Cretaceous sandstone reservoir target. The well will investigate geophysical attributes that include a flat spot, amplitude conformance to structure and an AVO anomaly.



It is anticipated that operations will take about 45 days. A further announcement will be made once the well has reached total depth and the wireline logs have been run and their interpretation completed.

So, sp drift now to about 55p? I feel there are going to be some good trading opportunities coming along, if the hype is going to be as good as was seen for RKH.

I think so as well Harry.

Borders has done well to bounce back into the blue today.

I hear they have a few problems on going since thursday so intresting the share price is up today.

What problems ?....

Something has broken so they had to stop drilling don’t think they are drilling at moment i could be wrong with time difference.

If your holding be very careful as if am hearing things other people will as well….hence very surprised to see share price up.

Lots of excitement down there.

Nice excitement or just plain terror ?....

A bit of both RF, holding only a few in this, I have a larger holding in FOGL which I hope to sell in the near future as I won’t be holding when they drill I don’t think.
Not sure how big the problem is but they can’t drill without it so if mass sells come in am out.

http://en.mercopress.com/2012/02/18/argentina-now-takes-falklands-dispute-to-satellite-imagery

Argentina now takes Falklands’ dispute to satellite imagery
The Argentine newspaper Ambito Financiero reported on Friday, without revealing sources, that oil exploration rig Leiv Eiriksson, contracted by two oil companies to drill to the south of the Falkland Islands “was found, on Thursday, exploring in Argentine waters”, according to ‘irrefutable’ satellite images.

More imagination than imagary marky!

I have sold my small holding in BOR,also sold half my shares in FOGL,i got burnt bad last year so a profit is a profit.May buy in at a later date.

The problem on rig could take time to fix.

Its taken a long time for the price to drop on news of the problems with the rig , it was known about yesterday. I don't think the fall in price today is wholly due to the rig news

What sort of problem......? the chef has gone off with the main rigger ?...have to feed the chaps.........or is it more serious still...drill bit broken....?..

RF

To many ?, lol

I'm still in.....don't forget that this is just the start.....at least 3 more wells to come and I bet we shall have two more at least beyond that....no rns issued...so....

hallelujah marky! .... you learned from the experience

I am happy to hold also, rf. There is always going to be the odd drop along the way, so nothing to get worried about yet, imo. (I remember some wild swings in the RKH sp while they were drilling.)