Member Info for Loz786

Either way, I think by end of this month latest, we should hear all on track or a delay.
Current prices, you can't go to far wrong imo

AIM is crying for a success this year and hope we get rub of the green!

https://twitter.com/Shafio7861/status/1046787952595140608?s=19

For now, happy if it finishes above 4p before the news come in: Rig mobilised/spud and of course any of the asset news.

Cheers Jonny

Nice move up today, still need 4p to break even.
So much news in the pipeline, ill be disapointed if we are not sitting 5p plus come Wick spud.
We have other news and any other news plus above should put us in the above price range (so i hope).

That'll will shut people up.
Spud end of the month 👍

Hopefully, we will revisit 4p+ in October..should be an exciting Qtr.

I added again in the 9.25 region today, so hopefully you won't see your 9p 😌

Well if they are drilling in this Quarter, i think at the very least we should get permits in the next fortnight or so...

Nice couple of days.

90% for R1/R2.
60% for Mengo.

Should be sitting in the early teens where we were originally and expect 12p to be revisited within a fortnight imo.

Try again

https://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/UPL/13808007.html

UPLAND RESOURCES LIMITED

("Upland" or the "Company")

Wick Rig Contract

Upland Resources Limited (LSE: UPL), the oil and gas company actively building a portfolio of attractive upstream assets, is pleased to note that Corallian Energy Limited ("Corallian Energy"), as operator of UK Seaward Production Licence P2235 (UKCS Block 11/24b), has now signed a contract with UK based drilling contractor Ensco U.K. Ltd for the provision of the Ensco-72 jack-up rig to drill the Wick well.

The rig site survey has been completed and Corallian Energy expects drilling of the Wick well to take place in Q4, following receipt of the outstanding necessary regulatory approvals and consents.

Steve Staley, CEO of Upland Resources Limited, said:

"We are pleased to announce the signing of the contract with Ensco which represents another important step towards drilling the potentially transformative Wick well. We look forward to the receipt in due course of the necessary regulatory approvals to enable the well to spud in Q4 of this year.

"We are also looking forward to working closely with Ensco when drilling commences and will continue to update the market on further developments."

Background to Upland's interest in the Wick prospect

In November 2017, the Company's wholly-owned subsidiary, Upland Resources (UK Onshore) Limited ("Upland UK"), entered into a conditional agreement with Corallian Energy to farm in to a 40% interest in Licence P2235, containing the Wick prospect. The farm in agreement between Corallian Energy and Upland UK was then completed on 24th May 2018.

The Company estimates that the Wick structure, which lies principally in the licensed area of Licence P2235, could hold in-place P50 resources of around 250 MMbbl. The Wick well targets reservoir sequences within the Wick structure.

Ensco U.K. Limited

Ensco U.K. Ltd, a subsidiary of Ensco plc, is a global provider of offshore drilling services to the petroleum industry. The Ensco Group's extensive fleet of 63 offshore units is the world's largest and includes drillships, dynamically-positioned semisubmersibles, moored semisubmersibles and jack-up rigs.

Ensco plc is quoted on the New York Stock Exchange and is headquartered in London,

Once the permits come then it's lift off.
Would have thought another few weeks, followed by another few weeks before spuddng.
End of Oct to early Nov?

Hopefully, back to over placing price.

LSE does not display it.

**************************************/rns/announcement/c666325e-46d7-4e1c-8f13-bbd5c02a4934

...didn't think we would be sitting at these levels with only few days before confirmation.

SR - that's conservative figures i have in mind, as i believe with sentiment can easily go much higher.

Good luck all...

Hold for the real rewards, when we are sitting at easily 100% increase from here imo when we spud.

Assuming they do a placing for 4-5 million.
What MC do you guys see pre spud realistically..15-20 mill??

Would appreciate some opinions without people getting over excited lol

Thanks

Looks good Amnesic.