Tag: Borders & Southern Petroleum

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.
Wednesday, June 18th 2014 - 08:15 UTC
Falklands gas condensate discovery shows potential for wider distribution

Borders & Southern Petroleum PLC said on Tuesday that new data on the Darwin gas condensate discovery in the Falkland Islands show the potential for wider hydrocarbon distribution.
Friday, August 23rd 2013 - 23:12 UTC
Falklands’ oil companies banned 20 years from operating in Argentina by Cristina Fernandez

Four London AIM listed oil companies carrying out exploration work in Falkland Islands waters have been barred from operating in Argentina. The measure affects Borders & Southern Petroleum, Desire Petroleum, Argos Resources and Falkland Oil and Gas.
Thursday, April 11th 2013 - 00:35 UTC
Falklands’ oil company completes 3D seismic program and is planning next drilling campaign

Borders & Southern announced this week it has completed the 3D seismic program in the South Falkland Basin offshore the Falkland Islands. The group acquired 1,025 sq km of full fold seismic data collected by the ‘Ramform Challenger’, which will be processed by Petroleum Geo-Services.
Wednesday, January 9th 2013 - 16:50 UTC
Argos Resources storms ahead of its Falklands’ oil drilling rivals

Argos Resources the only Falklands explorer to not drill a well has had the most successful year of them all in share price terms. Results of interpretation of 3D seismic data are encouraging with a number of prospects identified and the company is looking for industry partners to take exploration drilling forward. Year to date share price performance: up 107.92% at 24.95p.
Tuesday, November 27th 2012 - 22:18 UTC
Mixed bag for Noble Energy: oil in Gulf of Mexico and plugged well in the Falklands

Noble Energy Inc. (NBL) unveiled a discovery in the Big Bend exploration area in the Gulf of Mexico as it also abandoned another well off the shore of the Falkland Islands that yielded a low-quality reservoir.
Thursday, November 1st 2012 - 00:10 UTC
Hedge funds quietly investing in Falklands’ oil exploration companies

Hedge funds have been quietly building up stakes in the oil explorers operating off the Falkland Islands betting that companies will ignore the threats made by Argentina to disrupt the activity, according to a Reuters’ piece published this week.
Thursday, August 9th 2012 - 01:02 UTC
Argentina warns US and EU markets on oil exploration activities in the Falklands

Argentina’s National Securities Commission, CNV, officially communicated leading international stock exchanges in the US and Europe that hydrocarbons companies operating in the Argentine continental shelf in the area of the disputed Falklands/Malvinas Islands are involved in “illicit and clandestine” activities.
Tuesday, July 31st 2012 - 22:13 UTC
B&S abandons south Falklands oil and gas exploration; FOGL takes over

After two disappointing results, Borders & Southern has officially completed its deep water drilling program in the South Falkland Islands basin, the company announced on Tuesday. The company said well Stebbing has been “successfully plugged and abandoned,” bringing to an end the Company's current two well drilling program.
Monday, July 16th 2012 - 15:09 UTC
Disappointing results from oil drilling to the south of the Falklands

Borders & Southern Petroleum reported on Monday disappointing results in the Falkland Islands from the latest well to be drilled as part of the controversial search for oil in the South Atlantic islands over which Argentina claims sovereignty.