.

Looks like bad news is on its way tomorrow. Now if they wash out Darwin bad news it might be a sign that Stebbing is good (thats something for next week and they might be clearing the decks tomorrow of Darwin ready for Stebbing news next week).

If its bad Stebbing news tomorrow then really good Darwin news later is going to do little to support the share price with no oil found and no drills left.

Fingers crossed for BOR holders that its bad Darwin news tomorrow if anything.

Why tomorrow ?....frankly where do you get this from ?.....all these wells are very risky but it only takes one Sealion !.....mainly in FOGL.....but still a foothold in BOR......perhaps unwise, but there you go.....will switch over to FOGL if bad news is coming.....

Just a guess rf, based on high volume in FOGL and BOR yesterday. There may be no news today, but if there is I expect it to be bad BOR news, and hope that if it is, then its Darwin sample preliminary results - that leaves the door open to good Stebbing news next week.

Always get your bad out first and leave the last news as good news.

There speaks the oracle; or maybe the orifice. Probably the latter.

in fact the good (if any) is much more likely to be announced with the bad in an attempt to deflect

Well, nothing so far.

Wonder if the Sunday Times is going to lead with news, as they did with Darwin discovery ?

Eyes on the Sunday papers if no news today.

Any rumours yet... leaks.... guys ?...

Had a look over the road.....they talk strange over there...job to understand.....there's a bloke called Pro..something....must be a distant relative....nobody seems to know anything.....they have taken a long time with this well which you would think means they are testing something.....I would think...because by now FOGL would have the rig because the costs are enormous per day !......so : are we in for a surprise result here ?...our man on the rig is very silent or is it a woman in her rig ?....you never know these days....(dating gets difficult when you can't tell the gender)....

Sul 2 does have a point from across the road : when there have been rumours, leaks and such : sp rises only for disappointment....when there were no leaks ex : GKP, RKH, EO : there have discoveries...might just be coincidence but you never know, .....this well has been going on for some time now.....so some sort of test must have been conducted...

Spudded on the 11th of may....now 15th of july....49 days including wireline.....we are 15 days overdue.....did they stop drilling as long as that ?.....I don't think so....anyway by my calculations we won't have the Loligo results until september.....Stebbing could go either way......real gamble.....but I reckon something is being tested gas, condensate...or perhaps oil.....

Where is everybody ?......has the planet gone silent ?.....

We're all here rf. Just that there isn't much more to say. Results will answer all questions. We are leaving the 'Corporal Jones' dizzy moment to you! ;o)

NO panic.....no panic...

Borders & Southern (AIM: BOR) reports results from its Stebbing well.

Well 61/25-1 was drilled to a total measured depth of 3060m (true vertical depth of 3011m). The well penetrated the upper Tertiary target on prognosis but was unable to reach lower targets due to anomalous pressure conditions. The lower targets remain unevaluated.

The well encountered very strong gas shows (C1 to C5) whilst drilling the Tertiary section. Petrophysical analysis of the wireline logs suggest an interval (2500m to 2651m) of thin bedded siltstones and claystones with a net to gross of 36% and an average porosity of 19%. Due to the thin bedded character of this sequence it was not possible to obtain a clear indication of the fluid type or saturation. The geophysical anomalies identified on seismic are coincident with this zone containing hydrocarbons. Our initial assessment is that this upper target is unlikely to be commercial although further technical evaluation is required.

Strong gas shows continued below the upper target. However, progress was slow due to lost circulation and well flows which occurred in consecutive hole sections. Several of these flows contained gas. On each occasion the well was successfully controlled but it became necessary to set additional strings of casing, using the contingency casing considered in the well design. In the final 6" hole section, the fluid pressures continued to rise giving further well flows and it became impossible to continue drilling whilst maintaining well integrity. A decision was therefore made to cease drilling.

It is very disappointing not to have reached all the potential reservoir targets in this well. The geological and engineering data will now be reviewed in detail in order to understand the complexities of this prospect.

The Company now intends to plug and abandon the well in line with regulatory requirements and assign the rig to Falkland Oil and Gas. An announcement will be made once this has been completed.

Not good....all eyes on Loligo now...

glad i had already cut my holding to fairly minimal

Hope you did not have to much invested RF,i hope we have a good run with FOGL.

Very glad I took my profits at 1.20p

does BOR have any value at all?

Very little in my eyes it was over hyped and over priced as you know my feelings about it.

Guess Pro only has FOGL to ramp now to which i am holding for now.