26 November 2008
Borders & Southern Petroleum plc
('Borders & Southern' or 'the Company')
Completion of Benthic Sampling Survey
Borders & Southern is pleased to announce the successful completion of its benthic sampling programme within its South Falkland Basin licences. The survey, carried out by Benthic Solutions Limited, involved collecting samples of the seabed and water quality profiles. The data gathered will be used to compile an environmental baseline report which forms part of the Environmental Impact Assessment (EIA) currently being compiled by RPS Energy. Additionally, seabed gravity cores were taken to provide a geotechnical assessment of the seabed strata.
The completion of this survey now concludes the pre-drill surveying on the Company's acreage. Portions of the 3D seismic data acquired earlier in the year will be reprocessed to provide detailed drilling hazard analysis, so that there will be no need for additional site specific high resolution 2D seismic.
The interpretation of the 3D seismic is progressing very well and will be reported on in due course.
For further information, please visit www.bordersandsouthern.com or contact:
Borders & Southern Petroleum plc Howard Obee, Chief Executive |
020 7661 9348 |
Panmure Gordon (UK) Limited Katherine Roe |
020 7459 3600 |
Ocean Equities Ltd Guy Wilkes |
020 7786 4370 |
Tavistock Communications Simon Hudson |
020 7920 3150 |