News Oil & Gas

Borders issues 500,000 shares in warrant exercise

Borders & Southern Petroleum plc has issued 500,000 new ordinary shares of one pence each following notice to exercise warrants at 1.5p per warrant share, for £7,500. TVRs Following admission, the company’s total issued share capital will comprise 878,130,245 ordinary shares, each with voting rights. Borders does not hold any ordinary shares in treasury. The company […]

News Oil & Gas

United applies for Walton Morant survey

United Oil & Gas plc has submitted an application for a piston core survey on the 22,400km² Walton Morant licence, offshore Jamaica. FARM-OUT The licence contains more than 40 identified leads and prospects, of which 11 are independently estimated to hold over 2.4 billion barrels of unrisked mean prospective resources.  United estimates that the exploration […]