Upland Resources Limited Sarawak Drilling Crew Letter of Intent (5917V)
December 04 2023 - 9:00AM
UK Regulatory
TIDMUPL
RNS Number : 5917V
Upland Resources Limited
04 December 2023
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART
IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN
This announcement is not an offer for sale, or a solicitation of
an offer to acquire, securities in any jurisdiction, including in
or into the United States, Canada, Australia, or Japan. Neither
this announcement nor any part of it shall form the basis of or be
relied on in connection with or act as an inducement to enter into
any contract or commitment whatsoever.
4 December 2023
UPLAND RESOURCES LIMITED
("Upland" or the "Company")
Sarawak Drilling Crew Letter of Intent
Upland Resources Limited (LSE: UPL) is pleased to announce that,
further to the announcement made on 28th July 2023, the company has
now signed a specific Letter of Intent (LOI) for the provision of
specialist drilling crew services with an established and proven
partner Vanguard Drilling Limited.
As we finalise rig selection for Block SK334, Vanguard Drilling
bring extensive experience in new generation onshore drilling,
complementing our team as we complete the next steps.
Bolhassan Di, Upland Chairman and CEO commented:
"This is a significant step forward for the company, we are
making tangible progress and laying strong foundations towards our
intended drill campaign. We look forward to increased market
engagement as we scale up operations on Block SK334 in
Sarawak."
**ENDS**
For further information, please contact:
Upland Resources Limited Tel: +60 198 861 919
Bolhassan Di, Chairman and CEO bolhassan@uplandbigoil.com.my
gerry.murray@upland.energy
Optiva Securities - Broker Tel: +44 (0)20 3137 1903
Christian Dennis christian.dennis@optivasecurities.com
(Corporate Broker) www.optivasecurities.com
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