Borders & Southern Petro... Share Discussion Threads

[paulmurphy777] 14/10/2016 19:46

Are we millionaires Rodney?

[blueball] 14/10/2016 16:03

Look at those buys coming in this pm.

Amazing volume.

[barvin] 14/10/2016 11:39

Hopefully something exciting would mean this rockets, just my opinion. DYOR

[gunsofmarscapone] 14/10/2016 11:25

Still in auction.

Did anyone else spot it over the last several years? Not one insti or hnwi sold (to the best of my knowledge) one single share. Very little free float imo

[gunsofmarscapone] 14/10/2016 11:24

Better than that Vic, in auction now; been buying these for well over a year....

Scharnhorst is the key, I would expect that Rkh's review of Southern licences will be a factor......

[vic_frost] 14/10/2016 10:48

Barvin, I reckon the strength in POO of late is making the difference here. Increased volumes is good to see and if POO stays above $50 I can see this trading above 2-3p in the short term and anywhere between 3-10p in the medium term whilst ongoing discussions are had on a farm in. GLA

[barvin] 14/10/2016 10:31

I have kept an eye on volumes for ages, very big volume this week. Something could be going on here.

[blueball] 14/10/2016 10:30

Strong buy today.

[vic_frost] 05/10/2016 17:44

Very few trades of late here but in the last 10 mins today quite a few buys and sells went through. Should we read anything into this? Nice to see POO around $50 mark

[cyan] 26/9/2016 10:47

"Borders & Southern Petroleum confident of landing a partner once oil prices rise"

investors.co.uk/companies/news/166447/borders-southern-petroleum-confident-of-landing-a-partner-once-oil-prices-rise-166447.html

( ADVFN do not like links to this site so close the space I put between proactive and investors to create a working link )

"Russia Bets On $40 Oil Through 2017"



Its these deep water fields that are first to be passed over in an oil price slump.
At $100 million for each drill POO is going to have to be very much higher.

$40 per barrel costs is not particularly cheap. BOR MAY have its day but I suspect its a long way away. Maybe if POO can stay north of $80 for a while interest may come again.

Brent now $46.20

[fadilz] 26/9/2016 09:45

Extension of licences to 2020/2022.

capex $1.36 billion breakeven oil price $40 per barrel.




Like Rockhopper, Borders highly geared to price of oil.

[leedskier] 26/9/2016 07:32

Cash , cash equivalents
and restricted use cash
at the end of the period $12,222

[mikealaric] 20/9/2016 07:57

Hold a few shares in this company ,not been here for a while. Does anyone know what happened with the drilling in South Atlantic basin, is it all finished or does it still go on?

[barvin] 15/9/2016 08:12

No RNS like RKH from the useless management I see. Good news though, positive for BOR.

[the monkster] 04/6/2016 11:52

Wouldn't want to be out of this over the weekend

[luckyman3] 04/6/2016 00:26

Buy and hold for recovery in oil price.
Commercial at $50 using FPSO.

[marmar80] 03/6/2016 09:07

Do they have any debt or lian to repay shortly?

[ride the wave 1] 26/4/2016 23:13

OIL IS FLYING NOW @ $46 .

Darwin is commercial at $50 !!!!

NOW is the time to load up whilst it's still dirt cheap / when the BB is dead !!!!!


DYOR

[ride the wave 1] 26/4/2016 15:04

Oil rising

hxxp://oilprice.com/commodity-price-charts?1&page=chart&sym=CLM16&name=Crude%20Oil%20WTI

[ride the wave 1] 26/4/2016 14:50

200m barrel development project "would be commercial at an oil price as low as $65/barrel" while a 100m barrel development project could be commercial at at least $85/barrel. At prices of about $100/barrel, a 200m barrel development could be worth $1.7bn.
"Having determined that a gas condensate development to the south of the Falkland Islands is both technically and commercially feasible, the next step for the company is to prove up the recoverable volumes in its discovery with appraisal drilling and to confirm the predicted well flow rates with a well test," it said.
"Due to the high confidence levels in the geophysical attributes, the appraisal drilling is considered to be relatively low risk.

[ride the wave 1] 26/4/2016 14:46

Darwin discovery

The Darwin Gas Condensate discovery was made in April 2012. The reservoir comprises a good quality, shallow marine sandstone, characterised on seismic by strong amplitude anomalies (including a well de ned at spot). The un-risked P50 estimate for wet gas in place is 3.5 tcf. The current best estimate (P50, un-risked) for recoverable condensate is 360 million barrels.
Reservoir engineering and screening feasibility studies have indicated that a 200 million development is both technically and commercially viable. The next phase of appraisal drilling will aim to prove up the resource estimates and confirm predicted flow rates.

[ride the wave 1] 26/4/2016 12:09

I hope you stick around when these are over £1 .

I will be quids in and laughing my way to the bank .

360mb of light sweet crude is just for starters !!!