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Bordrs&SouthrnPetrlmPLC Ord 1P (BOR)

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04-Apr-2018 02:25 PM

Borders & Southern losses narrow as finance costs fall

Falkland Islands-focused oil and gas explorer Borders & Southern said its annual losses narrowed due to a fall in financing costs. The company posted a pre-tax loss of $1.2m, compared to a loss in 2016 of $3.6m. During the year, an independent resource
27-Sep-2017 09:09 AM

Borders & Southern losses narrow

Borders & Southern's pre-tax losses narrowed to $871,000 in the six months to the end of June - down from $1.1m last time. Borders & Southern said it had continued to concentrate its efforts on attracting partners and funding to its Falklands projec
04-Apr-2017 12:50 PM

Broker Forecast - Panmure Gordon issues a broker note on Borders & Southern Petroleum PLC

Panmure Gordon today downgrades its investment rating on Borders & Southern Petroleum PLC (LON:BOR) to hold (from buy) and raised its price target to 4p (from 3.50p). Story provided by StockMarketWire.com...
03-Apr-2017 07:44 AM

Borders & Southern losses widen

Borders & Southern's pre-tax losses rose to $3.6m in the year to the end of December - up from $2.6m last time. The company said the year-end cash balance of $9.65 million (31 December 2015: $14 million) was impacted by significant changes in the US
26-Sep-2016 10:20 AM

Broker Forecast - Panmure Gordon issues a broker note on Borders & Southern Petroleum PLC

Panmure Gordon today reaffirms its buy investment rating on Borders & Southern Petroleum PLC (LON:BOR) and cut its price target to 3.50p (from 5p). Story provided by StockMarketWire.com...
26-Sep-2016 08:06 AM

Borders & Southern pre-tax losses rise

Borders & Southern Petroleum reports a loss from operations of $934,000 for the six month period ending 30 June, down slightly from the corresponding period last year ($964,000). This reflects lower administrative expenses. Finance income totalled $20,00
14-May-2015 08:43 AM

Borders & Southern resource upgrade

Borders & Southern has revised its resource estimates for the Darwin gas condensate discovery and close-by prospects following a comprehensive seismic reservoir characterisation study. The aim of the study was to investigate the Early Cretaceous shallow
30-Mar-2015 09:25 AM

Borders & Southern pre-tax losses rise

Borders & Southern Petroleum posts a pre-tax loss of $3.9m for the year to the end of December - up from $2.96m last time. Administrative expenses rose to $3.0m from $2.8m in the period. Chairman Harry Dobson said: "2014 was a challenging year fo
30-Jun-2014 02:18 PM

Borders & Southern resolutions passed at AGM

Borders & Southern Petroleum has confirmed that all resolutions proposed at its annual general meeting earlier today were duly passed. At 2:18pm: (LON:BOR) Borders Southern Petroleum PLC share price was +0.25p at 12p Story provided by StockMarketWir
17-Jun-2014 07:59 AM

Borders & Southern technical update on Darwin

Borders & Southern has issued a technical update on its Darwin gas condensate discovery. Borders & Southern made a significant gas condensate discovery with its first exploration well in the Falkland Islands in April 2012. The discovery had a high conden
14-May-2014 09:35 AM

Borders & Southern pre-tax losses rise

Borders & Southern Petroleum posts a pre-tax loss of $2.95m for the year to the end of December - up from $1.1m last time. Administrative expense decreased slightly to $2.8m (2012: $3.1). During the year a further $28.9m was invested with a large part of
27-Sep-2013 07:51 AM

Borders & Southern pre-tax losses rise

Borders & Southern Petroleum posts pre-tax losses of $3.36m for the six months to the end of June - up from $1.1m last time. The company said that activity during the first half of this year has focused on reservoir engineering studies of the Darwin disc
03-Jun-2013 09:59 AM

Borders & Southern schedules AGM

Borders & Southern will hold its annual general meeting at the Institute of Directors, 116 Pall Mall, London SW1Y 5ED, on 25 June at 11 a.m. At 9:59am: (LON:BOR) share price was +1.13p at 15.13p Story provided by StockMarketWire.com...
09-Apr-2013 07:47 AM

Borders & Southern confirms completion of 3D seismic

Borders & Southern has confirmed its 3D seismic programme in the South Falkland Basin has been completed by the PGS vessel Ramform Challenger. The company said Ramform Challenger acquired 1,025 square kilometres of full fold seismic data. The data wil
08-Apr-2013 08:02 AM

Borders & Southern pre-tax losses narrow

Borders & Southern Petroleum posts pre-tax losses of $1.1m for the year to the end of December - down from $1.7m last time. The total comprehensive loss for the year was $1.3m - down from $1.7m a year ago. The company said the reduction in losses was du
26-Feb-2013 11:40 AM

Borders & Southern starts 3D seismic programme

Borders & Southern said the PGS vessel Ramform Challenger has started the company's 3D seismic programme, located about 140 km south of the Falkland Islands. Covering an area of more than 1,000 sq km, the survey is situated in Quad 61, adjacent to
28-Jan-2013 07:41 AM

Borders & Southern delighted with progress

Borders & Southern Petroleum has issued an update on its activities in the South Falkland Basin. The company says that since the completion of its 2012 drilling campaign the company has undertaken a number of technical and commercial studies. In April
02-Oct-2012 09:41 AM

Borders & Southern signs seismic contract with PGS

Borders & Southern has signed a contract with Petroleum Geo-Services for the acquisition and processing of a new 3D seismic survey. The survey, measuring approximately 1100 sq.km, will be located in Quad 61 adjacent to the northern margin of the compan
28-Sep-2012 08:04 AM

Borders & Southern operating losses rise

Borders & Southern Petroleum posts operating losses of $1.2m for the six months to the end of June - up from $942,784 last time. Pre-tax losses for the period rose to $1.1m - up from $761,211 a year ago. Chairman, Harry Dobson, said: "As the compan
23-Aug-2012 01:40 PM

Borders & Southern plans new drilling after Darwin analysis

South Falkland Basin-focused Borders & Southern Petroleum will start planning its next drilling programme following encouraging results from the Darwin well. The company previously reported that well 61/17-1 had encountered a good quality sandstone rese
31-Jul-2012 08:11 AM

Borders & Southern completes drilling programme

Borders & Southern has successfully plugged and abandoned well 61/25-1 (Stebbing), bringing to an end the company's current two well drilling programme. The Leiv Eiriksson drilling rig will now be assigned to Falkland Oil and Gas for its two well p
16-Jul-2012 09:20 AM

Borders & Southern disappointed with Stebbing well

Falklands-focused Borders & Southern has plugged and abandoned its Stebbing well after it was unable to reach its lower targets. Well 61/25-1 was drilled to a total measured depth of 3060m (true vertical depth of 3011m) and penetrated the upper Tertiary
11-May-2012 01:34 PM

Borders & Southern work on new well off the Falkland Islands

Borders & Southern has reported that exploration well 61/25-1 has been spudded. The well is located approximately 170 km south of the Falkland Islands. Borders & Southern is the operator of the well, holding a 100% interest in licence PL018. It is the
23-Apr-2012 08:41 AM

Borders & Southern confirms significant gas find

Borders & Southern has confirmed a significant gas condensate discovery in the South Falkland Basin. The 61/17-1 Darwin East well was drilled to a total depth of 4876m and came in very close to prognosis. As predicted, the strong AVO anomaly represente
02-Apr-2012 03:55 PM

Borders & Southern pre-tax losses rise

Borders & Southern Petroleum posts pre-tax losses of $1.7m in the year to the end of December - up from $165,283 in 2010. Administrative expenses rose to $2.1m - up from $1.5m last time. Chairman Harry Dobson said: "The last 12 months have been an
 
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