Tag: Borders & Southern Petroleum

• Tuesday, September 30th 2025 - 10:11 UTC

  Falklands, growing hydrocarbons oil activity and funding for the Sea Lion oil project

  

  Rockhopper Exploration half year results indicate that the UK oil and gas company is more hopeful than ever that a final investment decision will come this year on the Sea Lion oil project in the Falkland Islands, after it secured a successful capital raise of up to US$ 140 milliom. Rockhopper holds a 35% interest in the project with the Israeli operator Navitas Petroleum holding the remaining 65%.

• Thursday, October 3rd 2024 - 09:41 UTC

  Falklands Borders & Southern raises £1.5 million to advance development of the Darwin Gas Condensate discovery

  

  Independent oil and gas company, with assets offshore Falkland Islands, Borders & Southern Petroleum, (AIM: BOR) has announced it has raised £1.5 million, before expenses to advance the development of its 100% owned Darwin Gas Condensate discovery offshore the Islands. The Fundraising comprises a placing and a subscription by a majority of the Company's directors.

• Wednesday, January 18th 2023 - 10:52 UTC

  Borders & Southern Petroleum looking for partners to develop Falklands' gas condensate discovery

  

  Falkland Islands Borders & Southern Petroleum has produced a phased development concept for its Darwin gas condensate discovery south of the Falkland Islands, which has been supported by an independent study by an international engineering consultancy.

• Sunday, December 11th 2022 - 08:46 UTC

  Falklands Government extends Borders & Southern production licenses

  

  Oil and gas company Borders & Southern Petroleum with interests in the Falkland Islands announced this week it had secured the extension of its Production Licenses PL018, PL019, PL020, including the Darwin Discovery Area, according to reports in London's financial media.

• Friday, January 1st 2021 - 22:16 UTC

  Falklands' Borders & Southern Petroleum announces board changes and offshore licenses expire 31 Jan 2022

  

  Borders & Southern Petroleum, a company with oil and gas exploration assets offshore the Falkland Islands, announced at the end of the year board changes. The London based independent oil & gas exploration company announced the retirement of Nigel Hurst-Brown from the Board of Directors. His departure will take effect on January 1, 2021.

• Tuesday, October 27th 2020 - 08:41 UTC

  Falklands awards extension of oil licenses until 2022 to Borders & Southern

  

  Oil company Borders & Southern Petroleum said it has been granted an extension to its Falkland Islands licenses.

• Wednesday, September 26th 2018 - 09:02 UTC

  Falklands' Borders & Southern involved in a farm-out process

  

  Offshore oil & gas exploration company Borders & Southern Petroleum PLC on Tuesday said its loss widened in the first half of the year on finance expense and announced that a farm-out process was active and ongoing.

• Friday, September 30th 2016 - 07:54 UTC

  Falklands would claim 9% oil royalty per barrel plus 26% profit corporation tax

  

  The Falkland Islands government would claim 9% royalty on one barrel of oil, plus 26% corporation tax on profit, confirmed Member of Legislative Assembly Roger Edwards this week.

• Monday, May 18th 2015 - 05:03 UTC

  Falklands' Borders & Southern releases encouraging technical update of Darwin gas/condensate discovery

  

  Borders & Southern has issued a technical update on its Darwin gas/condensate discovery south of the Falkland Islands and near-field prospectivity. The goal was to improve understanding of the Darwin reservoir interval, both within and surrounding the discovery and also its projected facies trend along the Aptian shelf

• Thursday, April 2nd 2015 - 07:42 UTC

  Falklands oil explorer looking for associate to develop Darwin discovery

  

  Falklands’ explorer Borders and Southern Petroleum PLC said this week its pre-tax loss widened in 2014 as costs increased, and admitted it has struggled to find a partner for the Darwin discovery to the south of the Falkland Islands, against a backdrop of reduced investment by companies caused by the fall in oil prices.