First step for “Falkland Islands as an oil and gas producing region,” BOR Petroleum

Thursday, December 11th 2025 - 10:24 UTC

Full article 5 comments

BOR continues to focus on its Darwin prospect in the South Falkland Basin, where it holds 100% interest in three Production Licenses, covering nearly 10,000 square kms

Borders & Southern Petroleum plc (AIM:BOR) said that the Navitas/Rockhopper on its final investment decision (FID) for the Sea Lion development project represents the first step toward establishing the Falkland Islands as an oil and gas producing region.

Borders & Southern, which holds exploration and appraisal assets in the South Falkland Basin, is not a partner in the Sea Lion project but views the development as significant for the broader Falklands oil industry.

Harry Baker, CEO of Borders & Southern, called the decision “a transformational moment for all stakeholders in the Falkland Islands” in the company statement.

Borders & Southern continues to focus on its own Darwin prospect in the South Falkland Basin, where it holds 100% interest in three Production Licences covering nearly 10,000 square kilometers. The company has previously reported that its Darwin discovery contains recoverable liquids estimated at over 460 million barrels.

The announcement was made via a regulatory news service filing to the London Stock Exchange.

Categories: Energy & Oil, Falkland Islands.

Tags: Borders & Southern Petroleum, Sea Lion Main Complex.

Top Comments

Disclaimer & comment rules

Steve Potts
And Cristina Kirchner once said that the Falklands belong to Argentina because they are positioned on the continental shelf of Argentina?

Falklands – Geographic Proximity (1 pg): https://www.academia.edu/38561999/Falklands_-Geographical_Proximity
Dec 11th, 2025 - 12:36 pm +2
Shogun
Yawn..........
Dec 11th, 2025 - 06:36 pm 0
Terence Hill
”the General Assembly declared in 1970 that the modern prohibition against the acquisition of territory by conquest should not be construed as affecting titles to territory created ‘prior to the Charter regime and valid under international law(GA Resolution 2625 (XXV), 24 Oct. 1970).”
Akehurst's Modern Introduction To International Law by Peter Malanczuk
Dec 15th, 2025 - 12:29 pm 0

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