Borders & Southern

Borders & Southern is an independent oil and gas exploration company, the company’s principal area of activity is in the Falkland Islands.

Borders & Southern Petroleum PLC warrant holders exercised **4,813,150 warrants at 10p each**, raising **£481,315**. The new shares are set for admission around **28 September 2026**, increasing total voting shares to **893,331,892**. The AIM-listed company explores oil and gas in the Falklands, holding **100% of three licenses (~10,000 km²)** and **2,517 km² of 3D seismic data**, including two wells with a **significant gas-condensate discovery**. Future value depends on appraisal, development, and exploration outcomes.

Sep 2026investormeetcompany.comNews article

Borders & Southern Petroleum reports a 2025 operating loss of **$1.4 million**, driven by higher administrative expenses of **$1.5 million**. The company secures **$2.8 million in new funding**, boosting cash reserves to **$2.5 million** and net assets near **$298 million**. The approval of the **Sea Lion development project** sparks renewed partnership interest.

May 2026Yahoo FinanceNews article

Borders & Southern Petroleum explores potential energy opportunities in the UK’s oil and gas sector. The company focuses on unconventional resources, including shale gas and tight oil, targeting regions with underdeveloped reserves. Analysts highlight its geographic positioning near established infrastructure as a strategic advantage.

Apr 2026KalkineNews article

Borders & Southern Petroleum advances negotiations with potential farm-in partners for the Darwin gas-condensate field, located south of the Falkland Islands. The project targets offshore development in the region’s emerging energy sector. Discussions focus on securing additional investment to progress the field’s exploration and production plans.

Jun 2023offshore-mag.comNews article