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Upland Resource (UPL) Share News

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IN BRIEF: Upland increases stake in Upland Big Oil Venture JV to 45%

20th Feb 2023 18:12

Upland Resources Ltd - Malaysia-focused upstream oil and gas company - Agrees with Big Oil Ventures Sdn Bhd to increase its interest in the Sarawak joint venture from 20% to 45%. Its joint venture company Upland Big Oil Ventures Sdn Bhd are completing a joint technical study of license SK334 in Sarawak for submission later this year to Petroleum Sarawak Berhad. Upland will pay USD325,000 for its increased interest in UBO. The transaction is expected to close in March 2023. Read More

Upland completes survey, seismic data processing for Malaysia block

17th Feb 2023 16:13

(Alliance News) - Upland Resources Ltd on Friday said it concluded a market survey & screening exercise for seismic data processing for the SK334 joint technical study in Sarawak, Malaysia in January. Read More

Reabold, Upland and Baron Oil hail Dunrobin reserves report

16th Feb 2023 18:07

(Alliance News) - Reabold Resources PLC, Upland Resources Ltd, and Baron Oil PLC hailed the Dunrobin asset as an "exciting drillable prospect", following the release of a competent person's report. Read More

TRADING UPDATES: Tungsten West 'largest Western tungsten producer'

16th Jan 2023 16:26

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

TRADING UPDATES: Predator buys majority in Cory Moruga; Thor tips gold

20th Dec 2022 16:11

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

UK shareholder meetings calendar - next 7 days

1st Dec 2022 15:45

Read More

Upland Resources to prioritise joint technical study in Malaysia

25th Nov 2022 16:37

(Alliance News) - Upland Resources Ltd on Monday said, following a recent strategic review, it will seek to prioritise the development of opportunities in Sarawak, Malaysia. Read More

TRADING UPDATES: Joules nomad resigns; Pharma C loss narrows

18th Nov 2022 19:49

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

TRADING UPDATES: SigmaRoc files patent; Griffin restarts operations

4th Nov 2022 20:38

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

TRADING UPDATES: SulNOx, Marwyn loss widens; Kropz gets new facility

28th Oct 2022 21:18

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

IN BRIEF: Upland Resources management will not partake in financing

26th Oct 2022 12:21

Upland Resources Ltd - London-based oil and gas company - Amends Sarawak capital raise, due to strong demand following its announcement on Tuesday. Management will now forego its participation in this financing to allow new shareholders to invest. Read More

Upland Resources to progress Sarawak activities after capital raise

25th Oct 2022 13:32

(Alliance News) - Upland Resources Ltd on Tuesday said a capital raise through a placing will be used to progress mining activities on its Sarawak licence in Malaysia. Read More

IN BRIEF: Upland Resources shares rise on completion of Malaysian JV

10th Oct 2022 14:24

Upland Resources Ltd - London-based oil and gas company - Notes completion of joint venture between its subsidiary Upland Resources (Sarawak) Sdn Bhd and Big Oil Ventures Sdn Bhd. JV is called Upland Big Oil Sdn Bhd. Both Upland and Big Oil will fund a joint technical study for a project in Malaysia, with Upland's outlay towards the completion of the study expected to be USD250,000. Read More

Upland Resources shares jump on joint study in Sarawak, Malaysia

2nd Sep 2022 09:31

(Alliance News) - Upland Resources Ltd shares surged on Friday following its subsidiary signing a joint study agreement to carry out work on Block SK334 in Malaysia. Read More

IN BRIEF: Upland Resources expects positive data from Dunrobin

31st Aug 2022 19:17

Upland Resources Ltd - London-based oil and gas company - On the Dunrobin prospect within licence P2478 in the Inner Moray Firth, 3D seismic reprocessing project and geochemical studies have been received. Read More

TRADING UPDATES: Upland and Pennpetro sign deal; PYX sales up

22nd Jul 2022 14:58

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

IN BRIEF: Pennpetro Energy rises as it clears Saouaf permit confusion

24th Jun 2022 15:50

Pennpetro Energy PLC - oil producer in Texas - Confirms, despite announcement earlier this week by fellow London listing Upland Resources Ltd, that it retains the exclusivity to the farm-in to the Saouaf permit in Tunisia until July 15. Read More

IN BRIEF: Upland eyes Saouaf farm-out; restructuring management

20th Jun 2022 18:29

Upland Resources Ltd - London-based oil and gas company - Says suspension from trading ends. In addition, says 3D seismic reprocessing is currently ongoing at IMF 2478, the Inner Moray Firth licence. "The technical work presently being carried out work for on IMF 2478 is intended to mature the Dunrobin prospect ahead of a potential drilling decision and or engagement with potential drilling partners," Upland adds. "Well costs are expected to be modest as the prospect lies in shallow water of less than 100 metres and the total drilling depth of the well is prognosed to be approximately 660 metres." On Tunisian Saouaf licence, company says progressing farm-out efforts are priority. Upland it is in process of restructuring management team. Read More

EARNINGS UPDATES: Jadestone boasts record revenue on surging oil price

6th Jun 2022 16:55

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

IN BRIEF: Pennpetro raises cash amid farm-in with Upland in Tunisia

17th Mar 2022 06:51

Pennpetro Energy PLC - oil producer in Texas - Signs agreement with fellow London listing Upland Resources Ltd to farm-in to the Saouaf permit area in Tunisia, which Upland holds in a joint venture with state oil company Enterprise Tunisienne d'Activites Petrolieres. Pennpetro subsidiary Nobel Petroleum USA Inc will take an 80% working interest and assume operatorship, subject to the approval of ETAP. The current work programme at Saouaf needs to be completed by December 23 this year, at which point the permit can be converted into an exploration permit. After conversion to an exploration permit, Nobel will hold a 40% working interest, with ETAP holding 50% and Upland 10%. Pennpetro will reimburse Upland 80% of its sunk costs in Tunisia, up to GBP290,000 and paid in shares. Read More

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