RE: Looks like25 Jul 2024 09:22
These are sensitive discussions and UPL management have made it clear they’re in discussions. If they had the PSC already we’d be at 20p now.
Therefore they have to wait and so do we. None of the muppet derampers have ever been involved in a complex negotiation in their lives. The company can only say so much and there are many sensitive areas and if they shoot their mouths off then there’s no chance.
Joint Technical Study
In the terms and conditions of the signed Joint Technical Study Agreement between Upland and Petros, and as a medium-term strategy, Upland has certain unique advantages over other potential bidders in a competitive bidding process.
Joint Venture and Funding Partners
Additionally, Upland has identified potential partners for funding and operatorship of the SK334 Production Sharing Contract as a long-term strategy.