Borders & Southern provides Darwin update

Monday, Mar 19, 2012

Well 61/17-1 (Darwin East) Operational Update
 
Borders & Southern provides an update on the drilling of its Darwin prospect.

Operations are currently on-going and the drilling of the well has gone according to design. However, progress was stalled due to some technical issues associated with rig equipment. These rig issues have now been addressed and the well is again progressing in accordance with the design.

As a result of the delays the Company anticipates another 4 to 5 weeks of activity on the well. A further announcement will be made once the well has reached total depth, the wireline logs have been run and their interpretation completed.
 
For further information please visit www.bordersandsouthern.com or contact:
 
Howard Obee, Chief Executive
 
Borders & Southern Petroleum plc
 
Tel: 020 7661 9348

Katherine Roe / Brett Jacobs
 
Panmure Gordon (UK) Limited
 
Tel: 020 7459 3600

Simon Hudson / Paul Youens
 
Tavistock Communications
 
Tel: 020 7920 3150

Source: Borders & Southern