Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Borders & Southern Petroleum ( (GB:BOR) ) has issued an announcement.
Borders & Southern Petroleum has successfully raised £2 million through a Placing and Subscription to fund its operations, including the Darwin project, until the end of 2026. The fundraising strengthens the company’s balance sheet, enabling it to engage strategically in industry negotiations and capitalize on the growing interest in projects along the transform margin.
More about Borders & Southern Petroleum
Borders & Southern Petroleum plc is an oil and gas company trading on AIM, operating with a 100% interest in three Production Licences in the South Falkland Basin covering nearly 10,000 square kilometres. The company has conducted significant exploration activities, including acquiring 2,517 square kilometres of 3D seismic data and drilling two exploration wells, resulting in a notable gas condensate discovery.
YTD Price Performance: 120.72%
Average Trading Volume: 2,913,264
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £41.57M
For a thorough assessment of BOR stock, go to TipRanks’ Stock Analysis page.
