Borders & Southern Petroleum Company News

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Borders Reports Upgrade to Darwin Discovery
Borders & Southern upgrades its estimate of recoverable gas condensate resources at its Darwin discovery, offshore the Falkland Islands, to 263 million barrels.
8:00 PM EST | June 16, 2014
Falkand 3D Seismic Survey Completed
Falkland Oil and Gas reports the completion of a 3D seismic survey in its southern area licenses.
8:00 PM EST | April 15, 2013
South Falkland 3D Seismic Program Completed
Borders & Southern reports that the Ramform Challenger has completed its 3D seismic program in the South Falkland basin.
8:00 PM EST | April 08, 2013
Borders & Southern Updates Falkland Seismic Ops
Borders & Southern provides an update on its seismic activities in the South Falkland Basin.
7:00 PM EST | February 25, 2013
Leiv Eiriksson Rig Heads Back to Norway after Falklands Drilling
After Falkland Oil and Gas's Scotia well is plugged and abandoned, the Leiv Eiriksson rig heads back to Norway.
7:00 PM EST | December 05, 2012
Borders & Southern Pens Seismic Deal with PGS
Borders & Southern signs a contract with Petroleum Geo-Services (PGS) for the acquisition and processing of a new 3D seismic survey in the South Falkland Basin.
8:00 PM EST | October 01, 2012
Semisub Leiv Eiriksson to Start Loligo Drilling
Borders & Southern announces that semisub Leiv Eiriksson has completed its 2012 drilling program.
8:00 PM EST | July 30, 2012
Borders Abandons Falklands Well
Borders & Southern Petroleum is plugging and abandoning its Stebbing well south of the Falkland Islands because after failing to find commercial hydrocarbons.
8:00 PM EST | July 15, 2012
Premier Oil Farms Into Rockhopper's Falklands Licenses
Premier pays an initial $231 million to Rockhopper for a 60-percent interest in its Falkland licenses.
8:00 PM EST | July 11, 2012
Borders & Southern Drills Stebbing Wildcat
Borders & Southern announced that exploration well 61/25-1 was spudded on May 11, 2012.
8:00 PM EST | May 10, 2012
Borders & Southern Finds Hydrocarbons South of Falkland Islands
Borders says it has made a significant gas condensate discovery, but questions remain as to its commerciality.
8:00 PM EST | April 22, 2012
Argentina Warns Stock Exchanges Over Falkland Oil Drilling
Argentina's Foreign Ministry has formally notified stock exchanges in London and NY that it will pursue charges against cos exploring for oil in waters surrounding the disputed Falkland Islands.
8:00 PM EST | March 21, 2012
Borders & Southern Petroleum Spuds Falklands Well
The news of the spud comes amid rising tensions between Argentina and the UK about Falkland Islands sovereignty.
7:00 PM EST | January 31, 2012
Borders & Southern: Leiv Eiriksson En Route to Falklands
Borders & Southern has received notification from Ocean Rig UDW that the Leiv Eiriksson has commenced mobilization to its two well drilling program in the Falkland Islands.
7:00 PM EST | December 01, 2011
Borders & Southern Petroleum Secures Semisub for Falkland Drilling
Borders & Southern Petroleum has signed a contract with Ocean Rig UDW for the provision of mobile drilling rig services using the Eirik Raude drilling unit.
7:00 PM EST | November 28, 2010
Borders & Southern Petroleum Contracts Rig for South Falklands
Borders & Southern Petroleum has signed a Letter of Intent with Ocean Rig for the provision of mobile drilling rig services using the Eirik Raude drilling unit.
7:00 PM EST | November 10, 2010
UK Firms Mobilize in New Falklands
Analysts say that as much as 60 billion barrels of high-grade oil could be found in the 200-square-mile economic zone surrounding the Falkland Islands.
7:00 PM EST | January 24, 2010
Borders & Southern Reviews 3D Seismic, Seeks Partners for Drilling Program
Borders & Southern has announced an initial review of its 3D seismic interpretation acquired in 2008.
7:00 PM EST | January 20, 2009
Borders & Southern in South Falkland Basin
Borders & Southern has commenced the acquisition of 3D seismic data across its South Falkland Basin acreage, and the government has extended its licenses another two years.
8:00 PM EST | October 30, 2007
Borders & Southern Raises Cash for Falklands Seismic Work
Borders & Southern Petroleum says the funds raising through a recent placing will be used to fund the acquisition of 3D seismic over a number of prospects within its Falkland Islands acreage.
8:00 PM EST | August 14, 2007
Borders & Southern Completes Phase I Evaluation of Falkland Islands Acreage
Borders & Southern Petroleum has completed the first phase in the evaluation of its Falkland Islands acreage.
8:00 PM EST | May 22, 2006
Borders & Southern Completes 2D Seismic Survey
Borders & Southern Petroleum has successfully completed its 2D seismic survey within its 19,598 sq km offshore Falkland Islands acreage.
8:00 PM EST | June 07, 2005