Borders & Southern Petro... Share Discussion Threads

[wordog] 06/11/2015 14:08

Cash value reached. Automated buy set up at 2p.

[brian boru] 06/11/2015 08:10

Ride - forget this bag o'shyte and get into panr.......will top 100 today!

[wordog] 05/11/2015 15:13

RTW - BOR -8.7% my new investment +8.7%.

I have made a considerable saving since leaving here and plan to buy back in at cash value - which may be sooner than first thought.

Still laughing?

[gunsofmarscapone] 04/11/2015 17:34

None of the institutions have quit, quite the opposite if my brief review of holdings rns's from last year is correct.

Interesting, 5 cents/bbl at the mo for 46 api condensate (a light oil in all but name). Then, consider the portfolio of follow-on prospects.

Barking! bought a few more.

[ride the wave] 02/11/2015 20:27

GL to you as well mate :)

[cyan] 02/11/2015 20:12

Certainly need a sense of humour to invest in aim O & G.
GL LMFAO

[ride the wave] 02/11/2015 20:10

Have you heard the expression :- you can't educate a mug ?

Take note :)

Keep talking about fogl LMFAO

[cyan] 02/11/2015 19:44

I wish I did know everything.
I am not sure the FOGL results are of no relevance to BOR. Why did BOR share price crash ?
I am glad you have faith in your CEOs judgement; after all he turned down a couple of offers , or so the story goes.
Where is that farmin you have been predicting .? pmsl

[ride the wave] 02/11/2015 19:08

I thought you knew everything though ? . Our CEO said that Fogls result has no impact on Bor asset . I think he knows better than you . You never know , all the oil could be in borders block ? . At least we have a discovery 260mb and enough money to last a decade . I don't care how long it takes to be honest so it doesn't make any difference too me . I will still eat and have a comfortable life regardless (pmsl) .

Here's a tip for you so you can make some of it back , buy cnel quick . Take it or leave it ...your choice pmsl :)

[cyan] 02/11/2015 17:43

Hi RTW.
Badly I am afraid. I would not laugh too much because the Humpback failure does not help BOR's prospects.
Not positive for either company.

[ride the wave] 02/11/2015 17:37

Cyan , how did u get on with fogl ?

Pmsl

[cyan] 02/11/2015 11:58

Good morning barvin.
Imo there is no chance FOGL will bid for BOR.
As you say " The now skint FOGL"
They are not in a position to advance with BORs field. They do not have the cash to drill.
Not sure about Noble.
There's more than enough going on in the NFB and even they may baulk at the SFB''s costs with low POO.

I remain sceptical about BOR's view on the 2017 license issue.

[christy27] 02/11/2015 11:27

Barvin: That argument makes a lot of sense, except the management on BOR hold a lot of shares and with the help of other long term investors they might well resist, which either way works in our favour.

[barvin] 31/10/2015 13:23

Well, when this drilling campaign is over I really can see a FOGL takover of BOR.

The now skint FOGL would like its hands on our £10m, data and acreage - especially after so much cash has been splashed into Humpback and with the sniff of oil they had.

As they pour over the data, our huge data set of SFB will be invaluable. With the shares of FOGL at an all time low, we would get more more paper shares too. Keep an eye out for this in Q1 2016. Cannot totally rule out Noble as a predator either, why spend millions on a farm out deal payment when they can buy us for the same or less.

[ride the wave] 30/10/2015 22:26

Cant believe a word you say , you're a liar !!!

Keep on crystallising your losses (lmfao) , but you never sell ???

Mug

[ride the wave] 30/10/2015 22:24

YUP ....lol

[brian boru] 30/10/2015 17:07

But ride the wave had guaranteed this share was going to break out from 3p................

He omitted to advise that it was to breakout to the DOWN side. Aye & Lol

[wordog] 30/10/2015 17:03

RTW - Bor down again 11.4% , my new investment Aero up 11.9%. Still laughing?

[buywell3] 30/10/2015 01:43

Falkland Oilies sinking together

[ride the wave] 29/10/2015 19:16

Keep taking the crack !!!!

Pmsl

[ohisay] 29/10/2015 13:21

Fair comment I think.



The Company has today announced that the humpback well has been plugged and abandoned, and while this is disappointing, it's not terminal as the Company has been very specific is its use of language, which we believe is optimistic for the wider play.

The Company stated in its announcement that:

The well encountered non-commercial quantities of oil and gas within a number of sandstone intervals, including the main APX-200 target. All of the pre-drill targets were penetrated close to prognosis in the well.

The key element for us in this announcement is that they were non-commercial. Had they been shows or stains, then this would have been the language that would have been used. While that doesn't change the fact that it is not worth anything to the Company, what is does do is one up the remainder of the play, especially as for the first time oil has been observed.

While undoubtedly disappointing, we believe that this is definitely a technical success and continues to support, in our mind at least, the continued interest in the South Falklands Basin, especially that it is now proven that under the right conditions it could be oil prone. We will wait for the results of this programme to be reintegrated with the existing data sets, and a revised programme announced.