8 December 2010
Borders & Southern Petroleum plc (AIM: BOR)
(the "Company")
Director Shareholding Transfer
Stephen Posford, a non-executive director of the Company, has transferred ten of the shares held by him to his daughter. Following this transaction his holding is 27,499,990 shares representing 6.4% of the share capital.
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 / Callum Stewart |
020 7459 3600 |
Tavistock Communications Simon Hudson |
020 7920 3150 |
Notes:
Borders & Southern Petroleum plc, a London Stock Exchange AIM quoted company, is engaged in exploration for oil and gas. The Company is focused on frontier or emerging basins where there is potential to identify and commercialise high value prospects. Its project in the Falkland Islands comprises five Production Licences (100% interest) in the South Falkland Basin covering an area of nearly 20,000 square kilometres. The Company has acquired 2,862 km of 2D seismic and 1,492 sq km of 3D seismic.