Member Info for passiton

Many a junior oil and gas has hit valuations of £250 - £500m in recent years,
some more than once, as you posted , at 2.5p the valuation is still only £20m
and 25p , still short of that marks lower limit.

You never know , what's to come on the way, dilution or loans, partners etc
but it should be many multiples of the current sp , down the Sarawak road.

Hi Davies
we hope so, similar set up's , the shared Dunrobin and both having an exceptional
primary asset, that should be transformational, at least here , the politics is sound
cooperation all the way with the locals and neighbouring Brunei, could be a very
long hold, to dizzy heights here, something for all , short, medium and long term.

After all this time you would think so, Government made a few promising statements
last year, on getting things moving again in the whole Tano basin, Clon waited this long
lets hope its a cracker in the near future , not next Christmas.

Promising end to the day, JA has been promising finance for many a day
could Wednesday, be that day ? GLA

2003 Ancient history we want
2013 History we still want
2023 Current History as nothing has changed

exceptionally poor logic , I will not reply to your last post
as its now history ffs

What title would you like ?

Catch of the Day
Deep Blue Market Fishing
Newbie blood a Shark's tale
eel's well that spends well
Whale Oil Beef Hooked

other ?

The news was below, Gusmao scathing on current people in charge, he put
them in this position in the first place, it's not history, its been fact for years
and remains so, until he and Horta , do something to change it.

They lost the trust of the Industry, it's why we were not grabbed in previous years
the seismic and scale of Chuditch already existed, when we moved on Sundagas,
all continue to hover, including the new licenses and players. NONE have signed
off yet.

That was all supposed to happen by last June/July, can only be history is holding
them back to, waiting to see what develops, all hoping the long term issues etc
resolved by year end, as both sides were predicting.

Long stop date for the new licenses , now by end of February, so they need to move
the goalposts, or even the new licenses , could sit in limbo.

And just one more to batter Fish with

All this time , it's always been about one field, all Horta and co need to do, is change that
scenario, to encourage others to return, or new entrants to the area, give a signal , like
hey guys, Sundagas has developed a plan to FPSO its Chuditch field, we invite others to
work with them and our NOC, to fast track that plan, for the benefit of all.

Horta , did himself no favours , a few months ago , after more threats to Australia and
denying what he said about China, that they would happily accept $100 Billion dollars
to leave it all under the sea and he's the diplomatic one of the two.

Ministry not the hold up, that's the laws above them, single minded plan since
2001 , all ours , all to come to the Island, he was not just talking sunrise, in his
speech, Gusmao while PM previously, also making it LAW

They created the division with the industry, that still sits back, anywhere else and
Chuditch with a plan for FLNG , would have been snaffled long ago.

Best we can hope, if Andy does not get a deal on the back of the CPR, is that they
broke it, pigs might fly but maybe they can also fix it, with the wider industry, not
just Woodside and Santos.

Get that CPR out on time (January) and get that Santos/ENI or Woodside/Japan
JV/MOU's to take it off our hands ASAP, leave them all to it and look to use the
funds, for developing a new asset Portfolio, after paying all us scrotes a little
special dividend first.

He's been problem numero uno from the very beginning, so be nice if Andy can get this over the line,
before he becomes, an even bigger pain in the ****

Elections are soon, date to be confirmed, last said before May, when he stood back from the Presidential
election, to support Independent Horta, the plan was that he would look to run for Prime Minister instead.
Horta reciprocating, by placing Gusmao in charge of Tasi Mane, a project he instigated, while in office.

That's a big if also, PM Rauk and the Minister, have reduced expectations on Oil and Gas, fees and taxes
from the ridiculously high rates Gusmao wanted originally. Those measures to try to encourage others
to join in the bid round. Which pretty much failed, with only really , ENI and Santos (Bayu ops) taking
extra in the area they already operate in.

Who could he get to replace them ?, with an Oliver remit, I want more, when the Industry just starting
to get interested again, with prospects of developments onshore and a second Darwin pipeline, being
planned by Santos/ENI JV for more assets in the Timor Sea and Carbon Capture at their own Bayu site.

Both plans rejected in the past for Darwin and FLNG, wanting all to Timor, were under their tenure.
We could have the demonic duo, getting the band back together by May , Gusmao PM , Horta President

No maybe about it, review the bottom of recent rns drops, around a dozen
or more in the queue , events listed for October-January, mega single update
or a rich flow of rns news, in the pipeline for Q1

0.16 paid for £5k this morning, appears to be holding at this level
JA pull ya fingers out of yer **** and get it done......GLA

Just like last time, only news flow, will get all the gears in motion, plenty in the queue for Q1,
we await that first rns/other , to kick start, interest, volume and the sp into 5th.

Current 0.14 to 0.16 is like the old 0.06-0.08 playground, we needed to break
0.17 to find blue sky action, this time with the dilution, we need to break
0.25 for the same market value high and beyond.

Approaching three and a half months of Today's, so long as it arrives, in time for
booking/holding on to a drill in time to complete, 2023 drilling plans, all is good

Not another , look back in anger at all our yesterdays

Rns announced monthly reports, last one covered until the end of November, December has
gone, must be nearing publication.

Investors may also view details related to the Sarawak SK334 JTS workstream in the form of a
Monthly Progress Report at the following link:

https://uplandres.com/presentations/

Also the Dunrobin Seismic, previously , to be presented Q4 2022, must also be
nearing publication by the JV parties.

Ghana, as its always been , the big one, the wait continues, good news coming, or so
it seems, Government announced in May , new licenses to be awarded and more
recently Tullow, plans to drill 4 more wells offshore Ghana, in H1 2023.