Borders & Southern granted extensions to Falklands licences

8th Dec 2022 15:41

(Sharecast News) - Borders & Southern Petroleum announced the extension of its production licences PL018, PL019, PL020 in the Falkland Islands on Thursday, including the Darwin Discovery Area.

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Losses stable as Borders & Southern progresses development

31st May 2022 11:22

(Sharecast News) - Offshore Falkland Islands-focussed oil and gas explorer Borders & Southern reported an operating loss of $1m (£0.79m) in its audited 2021 results on Tuesday, in line with the loss it recorded in 2020.

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Operating losses narrow for Borders & Southern

14th Apr 2021 11:50

(Sharecast News) - Falkland Islands-focussed oil and gas exploration and production company Borders & Southern reported cash balances of $2.18m at year-end in its results on Wednesday, down from $3.68m a year earlier.

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Borders & Southern gets extension to Falkland Islands licences

26th Oct 2020 07:54

(Sharecast News) - Borders & Southern Petroleum announced on Monday that it has been granted an extension to its Falkland Islands licences.

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Borders & Southern Petroleum's efforts to secure funding fall short

1st Apr 2019 16:16

(Sharecast News) - Borders & Southern Petroleum on Monday reported an increased loss as the oil and gas exploration company failed in its attempts to find partners for the next phase of its operations in the Falkland Islands.

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Numis highlights top picks in oil sector

14th Apr 2014 10:48

Numis Securities has labelled its top picks in the oil sector in the aftermath of the recent Oil Market Report by the International Energy Agency (IEA). The broker's top picks include SOCO International, Genel Energy, Premier Oil, Faroe Petroleum and Borders and Southern. These are "stocks that we

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Friday broker round-up

21st Jun 2013 08:34

Afren: Jefferies cuts target price from 155p to 140p and downgrades from buy to hold. Alpha Real Trust: Panmure Gordon shifts target price from 76p to 79p and retains a buy recommendation. Betfair Group: JP Morgan moves target price from 850p to 825p keeping a neutral rating. Borders & Southern P

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Tuesday broker round-up UPDATE

4th Jun 2013 07:25

Afren: Goldman Sachs shifts target price from 224p to 221p keeping a buy recommendation. Alent: Goldman Sachs initiates with a target price from 426p and a buy recommendation. Amerisur Resources: Goldman Sachs moves target price from 65p to 82p and stays with its neutral rating. Bahamas Petroleum

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Borders & Southern completes 3D seismic in Falkland Islands

9th Apr 2013 09:52

Oil and gas company Borders & Southern on Tuesday said it has completed the 3D seismic programme in the South Falkland Basin offshore the Falkland Islands. The group acquired 1,025 sq km of full fold seismic data which will be processed by Petroleum Geo-Services. "The final, depth processed data

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Tuesday broker round-up UPDATE

9th Apr 2013 08:10

African Barrick Gold: Westhouse Securities upgrades from sell to neutral with a target price of 195p. Borders & Southern: Sanlam Securites shifts target price from 86.60p to 87.40p and leaves its buy recommendation unchanged. Britvic: Nomura raises target price from 480p to 540p keeping a buy reco

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Borders & Southern reports 'breakthrough' 2012

8th Apr 2013 12:24

Borders & Southern Petroleum said 2012 was a "breakthrough year" for the company, with a successful drilling campaign and significant discovery in the Falkland Islands. The group narrowed its loss before tax for the year ended December 31st 2012 to $1.1m from $1.7m the previous year. During the p

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Borders & Southern Petroleum starts 3D seismic programme in Falklands

26th Feb 2013 11:54

AIM-listed oil and gas exploration company Borders & Southern Petroleum has reported that the PGS vessel Ramform Challenger has commenced the company's 3D seismic programme in the South Falkland Basin. Located approximately 140km south of the Falkland Islands and covering an area in excess of 1,000

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Friday broker round-up UPDATE

8th Feb 2013 07:19

Aggreko: HSBC upgrades to neutral with a target price of 1650p. Anglo American: HSBC ups target price from 1950p to 2240p and upgrades to overweight. Antofagasta: HSBC reduces target price from 1200p to 1160p, while upgrading to neutral. ARM Holdings: Credit Suisse increases target price from 780

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Borders & Southern gives positive update on Falklands´ fields

28th Jan 2013 08:44

Borders & Southern, a London based independent oil and gas exploration company, has cheered investors after revealing that tests on the Darwin structure in the South Falkland Basin have indicated that the potential liquid recovery could be greater than the initial prediction of 130m to 250m barrels.

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Tuesday broker round-up UPDATE

18th Dec 2012 07:06

African Minerals: Deutsche Bank cuts target price from 610p to 600p, while its buy recommendation remains unchanged. Aggreko: Morgan Stanley reduces target price from 2230p to 1670p and keeps an equal-weight rating. Anglo American: Deutsche Bank moves target price from 2520p to 2268p, while the bu

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