3D Seismic Acquisition Begins

Borders & Southern Petroleum plc
31 October 2007


For release 31 October 2007


                        Borders & Southern Petroleum PLC
                     ('Borders & Southern' or the 'Company')

                       ACQUISITION OF 3D SEISMIC COMMENCES
                                      AND
                              EXTENSION OF LICENCES

Borders & Southern is pleased to announce that it has commenced the acquisition
of 3D seismic data across its South Falkland Basin acreage. Petroleum
Geo-Services (PGS), a worldwide geophysical services specialist, is carrying out
the survey using their vessel Ocean Explorer. PGS will be acquiring 1,500 sq km
of 3D seismic data. The survey is anticipated to take approximately four months
to complete depending on weather conditions.

The Company is also pleased to announce that the Falkland Islands Government has
granted a two-year extension to its licences in the South Falkland Basin, 
southeast of the Falkland Islands. The extension applies to the Initial Term of 
licences PL018 to PL022 with the provision that Borders & Southern acquires in 
excess of 750 sq km of 3D seismic data. This will mean the first exploration 
period will now be five years and will end on 1 November 2009. There will be no 
relinquishment of acreage before that date.

Commenting on the announcement Howard Obee, CEO of Borders & Southern said: 
'We are delighted to see our programme to acquire 3D seismic off and running. In
recent weeks we have announced a successful fundraising to finance the 3D survey 
as well as our new partnership with PGS. Now that 3D data acquisition has 
started, we are a step closer to identifying the optimum sites for drilling on 
the key prospects in our acreage.'

He added: 'I look forward to updating shareholders with further developments 
once the process of 3D data collection is completed in the first quarter of 
2008.'

                                      -ends-

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

Howard Obee, Chief Executive   Clemmie Carr / Simon Hudson  Christopher Caldwell
Borders & Southern Petroleum   Tavistock Communications     Insinger de Beaufort
plc
Tel: [phone]             Tel: [phone]          Tel: [phone]




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