South Falkland basin prospects high-graded

Borders & Southern Petroleum PLC has identified three key play fairways and two prioritized prospects from initial review of 1,492 sq km of 3D seismic survey shot in 2008 on its Falkland Islands acreage. The survey, which covered less than 8% of the company’s licensed area, led to identification of a seismic amplitude-supported Lower Cretaceous play fairway, an Upper Cretaceous-Lower Tertiary structural play fairway, and a Tertiary seismic amplitude-supported play fairway. Multiple prospects have been generated in the fairways.The company said, “The 3D has revealed plenty of evidence for hydrocarbon generation and migration in the area. This includes a chain of five anticl...

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