RE: PSC4 Jun 2024 11:22
RNS from the 16th May 2024 states the following:
While the Company awaits the PSC award Upland also confirms that it is now in discussions/negotiations with five established E&P companies, including Oil & Gas Majors to participate in the Exploration and Production of Block SK334.
Upland has signed TWO Letters of Intent on potential Joint Venture, Farm-In Agreements, with discussions progressing to Exploration Strategy & Field Development Planning (FDP), with one party, including progression into investment appraisal and campaign planning review.
Those that are investing or are already invested know the true value from these deals will be astronomical!!
:-))