Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Borders & Southern Petroleum ( (GB:BOR) ) has shared an announcement.
Borders & Southern Petroleum announced that a final investment decision has been made for the Sea Lion development project in the North Falkland Basin, marking a significant milestone for the region’s oil and gas industry. This decision is expected to enhance the value of Borders & Southern’s projects and refocus industry and investor attention on the area, particularly on their Darwin prospect, which holds substantial recoverable resources.
More about Borders & Southern Petroleum
Borders & Southern Petroleum plc is an independent oil and gas exploration company listed on the London Stock Exchange AIM. The company operates with a 100% interest in three production licenses in the South Falkland Basin, covering nearly 10,000 square kilometers. It has acquired extensive 3D seismic data and made a significant gas condensate discovery with its first exploration well.
Average Trading Volume: 1,511,162
Technical Sentiment Signal: Buy
Current Market Cap: £95.79M
See more data about BOR stock on TipRanks’ Stock Analysis page.