Member Info for caitlin1

Falkland oil explorer Borders & Southern (LON:BOR) shares advanced in early deals thanks to a new assessment of the Darwin condensate discovery, based on the analysis of 3D seismic. The company revealed it has identified additional reservoir intervals and has better defined the discovery’s reservoir characteristics. As a result the explorer now estimates the combined Darwin East and Darwin discovery contains 360mln barrels of recoverable gas condensate. Borders has also defined ‘near field’ prospects, called Covington and Morgan, which it believes will be more likely to contain oil rather than gas or condensate. Another two near field prospects, Sulivan and Stokes, are deeper than Darwin and are more likely to be gas condensate. Covington and Morgan are estimated to contain 216mln and 230mln barrels of potentially recoverable oil respectively, whereas Sulivan and Stokes are estimated to have 473mln and 134mln barrels of recoverable condensate. A fifth prospect, Wickham, is believed to be more likely oil and is estimated at 119mln barrels. An exploration drilling campaign is currently underway in the Falklands, but, Borders & Southern is not among the companies partnered in the rig sharing contract. Borders & Southern said it will continue with further sub-surface technical work to refine its assessment of the Darwin area.

Falkland explorer Borders & Southern (LON:BOR) has upgraded its view of the Darwin condensate discovery. With a new ‘base case’ the company now believes 263mln barrels of condensate may be recoverable from the discovery, this is up from a previous estimate of 200mln barrels.

Moving up.ex divi 28.

Golden tickets in bottom draw

Up 30 per cent on my 125k of shares

2.24 paid today.Tidy

On the up.Will we see 50 dollars soon......

Lots of buys today

Never thought A shares would over take.

Long term hold for me

Spot on ish

Never sell shell.Why you ask.Because they won't ever cut the divi.

Sells are actually all buys.Nice rise.

Good post

Only small holding of 100,000 shares at an average of 1.65.So 50p would be life changing to me.

Maybe not.

Was 3 all you could afford .Bless

If i had bought my shares 4 years ago to it would have cost me 130 k.Lots of oil found and a **** load of gas.This will get taken out for a song.

Why is this so low.Is divi safe???

Far better than me.My 1.65 buy in price is looking awfully cheap.