Upland Resources shares soar as company prepares for Sarawak drilling
(Alliance News) - Upland Resources Ltd announced on Thursday that progress has been in the exploration of Sarawak Block SK334.
Read more(Alliance News) - Upland Resources Ltd announced on Thursday that progress has been in the exploration of Sarawak Block SK334.
Read more(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(Alliance News) - Upland Resources Ltd on Monday said it has formed a Finance & Investment Committee to boost its workstream management.
Read moreUpland Resources Ltd - London-based oil and gas company, which has assets in Malaysia, Tunisia and the UK North Sea - Signs specific letter of intent for the provision of a new generation drilling rig with partner Huisman Geo. "Huisman bring extensive experience in new generation onshore drilling, complementing our team as we complete the next steps," Upland says. Huisman Geo has been active in the geothermal sector since 2009. Upland Chair Bolhassan Di says: "Following a fruitful week spent in Sarawak finessing the procurement routes & frameworks with Petros, focus is now set on drill preparations, well design and land preparation. We have made tangible progress and laid strong foundations towards our intended drill campaign. We look forward to increased market engagement as we continue to scale up operations on block SK334 in Sarawak."
Read more(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(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read more(Sharecast News) - Shares in oil and gas investment firm Upland Resources tanked on Monday after it said that a potential takeover bid had turned out not to be "bona fide".
Read more(Alliance News) - Upland Resources Ltd shares plummeted on Monday, after it announced that sales talks regarding a takeover offer have fallen through.
Read more(Alliance News) - Upland Resources shares soared on Monday, after it announced that it had rejected a takeover offer that it said "significantly undervalues" its potential.
Read more(Sharecast News) - Shares of Upland Resources rocketed on Monday after the oil and gas company confirmed it had received and rejected an unsolicited, "very preliminary" approach about a possible takeover offer at 14p a share from SEC Capital.
Read more(Alliance News) - Stocks in London are set to open slightly higher on Monday, as risk sentiment improves after a difficult period for markets last week.
Read moreUpland Resources Ltd - London-based oil and gas company with assets in Malaysia, Tunisia and the UK North Sea - Expects in early November to complete drafting of a joint technical study technical report, for the production sharing contract regarding onshore Block SK334 in Sarawak, Malaysia. Draft will be sent for review by its state-owned partner Petroleum Sarawak Berhard or Petros. Evaluation of potential drilling targets is ongoing. Upland notes that its proposal for the SK334 PSC was submitted and "received positively" by Petros on September 20.
Read moreUpland Resources Ltd - London-based oil and gas company with assets in Malaysia, Tunisia and the UK North Sea - Raises GBP447,460, after it received a notice to exercise 61.6 million shares, as well as a placing of 9.8 million shares with strategic partner.
Read more(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 moreUpland Resources Ltd - London-based oil and gas company with assets in Malaysia, Tunisia and the UK North Sea - Forms Technical Evaluation Committee responsible for advising the board on technical activities related to its assets. Says this underscores the company's commitment to effective management on workstreams such as Block SK334. Explains the committee's mandate encompasses a wide range of critical functions, including, resource estimation, qualifying and advising on exploration initiatives. It will be made up of industry experts with both international and regional experiences and company specific in-depth project knowledge of Upland Resources's assets.
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