
Borders & Southern, a UK-based oil and gas exploration company with offshore assets in the Falkland Islands, is optimistic about its Darwin assets following an independent resource review.
Namely, the company on Wednesday said the independent evaluation of the Darwin East discovery and the adjacent Darwin West untested fault block lead to a substantial increase in estimated resources. Un-risked Best Estimate total recoverable liquids (condensate and LPG) for Darwin East and West is 462 MMbb. Borders & Southern made the Darwin discovery in 2012.
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