Borders & Southern Petroleum plc is United Kingdom-based company, engaged in the exploration of hydrocarbons. The principal activity of the Company is the exploration for oil and gas. Its current area of activity is in the Falkland Islands, located in the South Atlantic. Borders & Southern Petroleum has a 100% interest in five deep water production licenses in the South Falkland Basin (80 blocks, nearly 20,000 sq km). During the year ended December 31, 2008, the Company completed three-dimensional (3D) seismic acquisition and processing.