Less Ads, More Data, More Tools Register for FREE

Pin to quick picksUpland Resource Regulatory News (UPL)

Share Price Information for Upland Resource (UPL)

Share Price is delayed by 15 minutes
Get Live Data
2.925    -0.025 (-0.85%)
Bid:
2.85
Ask:
3.00
Spread: 0.15 (5.263%)
Market Cap: £50.93m
UPL Live PriceLast checked at - London Stock Exchange

Intraday Upland Resource Share Chart

Technical Committee Appointment

26 Feb 2026 07:00

RNS Number : 4430U
Upland Resources Limited
26 February 2026
 

Upland Resources Limited

("Upland" or the "Company")

Appointment of Dr Ngakan Alit Ascaria as Technical Committee Member

Upland Resources Limited, the oil and gas company focused on opportunities in Southeast Asia, is pleased to announce the appointment of Dr Ngakan Alit Ascaria, Ph.D. as Technical Committee Member to the Company with immediate effect.

Dr Ascaria is a highly accomplished petroleum geoscientist with more than 35 years of experience in exploration, regional basin analysis, carbonate reservoir characterisation and new venture development across Southeast Asia and internationally. His expertise includes play-based exploration, petroleum systems analysis, prospect generation and maturation, static reservoir modelling, and block acquisition evaluation.

He currently serves as a senior geoscience adviser to Indonesia's Ministry of Energy and Mineral Resources (ESDM) and SKK Migas, where he contributes to national exploration acceleration initiatives and the technical review of prospective oil and gas blocks for upcoming licensing rounds. As part of government-appointed study teams, he has authored and co-authored comprehensive regional exploration reports covering frontier, deep-water and mature basins across Eastern and Western Indonesia, including the Natuna, Makassar Strait, Sumatra and Papua regions.

Dr Ascaria is also a Senior Lecturer at Institut Teknologi Bandung (ITB), where he teaches seismic interpretation, carbonate sedimentology and reservoir modelling. He has supervised and advised over one hundred postgraduate research projects and has acted as co-promotor for doctoral dissertations in petroleum geology and reservoir characterisation.

During his industry career, Dr Ascaria has held senior technical and leadership roles with several international and national energy companies, including:

· Repsol - Exploration Adviser

· Talisman Energy - Exploration Manager, New Ventures & Business Development

· Premier Oil - New Venture Manager

· Pertamina E&P - Senior Geoscientist & Team Leader

· Conoco Indonesia Inc - Regional Geologist

· BP Indonesia - Geologist

Throughout his career he has contributed to multiple oil and gas discoveries, including both clastic and carbonate plays, and has led basin-scale evaluations and prospect rankings across Indonesia, Malaysia, Sarawak, Vietnam and the broader Southeast Asia region. His experience spans both conventional and non-conventional plays, fracture basement reservoirs, and deep-water carbonate systems.

Dr Ascaria holds a Ph.D. in Geology and an MPhil in Petroleum Geoscience from University College London, United Kingdom. He is widely recognised as a carbonate reservoir specialist, with numerous peer-reviewed publications and conference papers presented at Indonesian Petroleum Association (IPA), EAGE and international industry forums. He was awarded Geoscientist of the Year by Pertamina in 2000.

The Board believes that Dr Ascaria's deep technical expertise, extensive regional knowledge and experience working at both operator and government advisory level will significantly enhance the Company's technical capabilities as it advances its strategic objectives in Southeast Asia.


Board Statement

Bolhassan Di, Chairman and CEO of Upland Resources Limited, commented:

"We are delighted to welcome Dr Ascaria to Upland Resources. His exceptional depth of experience in Southeast Asian petroleum systems, carbonate reservoirs in Aceh, and new venture evaluation materially strengthens our technical capability. His regional insight and strategic understanding of basin dynamics will be invaluable as we continue to evaluate and progress opportunities."

Dr Ascaria commented:

"I am pleased to join Upland Resources as Technical Committee Member at this important stage in its development. I look forward to contributing my experience in regional basin evaluation, prospect maturation and carbonate reservoir characterisation to support the Company's strategic growth in Southeast Asia.

Furthermore, I look forward to working closely with Dr Razak Damit and Prof Andrew Hurst as we advance the Company's technical objectives and unlock further value across the portfolio."

The Board confirms that no further disclosures are required in relation to this appointment under the UK Listing Rules or the Disclosure Guidance and Transparency Rules.


About Upland Resources Limited

Upland Resources Limited (LSE: UPL) is an independent upstream oil and gas company focused on acquiring, developing and operating high-impact onshore licences in Southeast Asia. The Company's strategy is to build a scalable, multi-block portfolio in proven hydrocarbon basins, combining exploration upside with near-term development and production potential.

Upland brings together a multidisciplinary team of technical experts, geoscientists and operational professionals and leverages partnerships with regional operators to deliver exploration, appraisal and development success. The Company is headquartered in Jersey JE4 9WG , with active operations and licence interests across Sarawak, Indonesia and Brunei.


 

For further information, please contact:

Upland Resources Limited

Tel: +60 198 861919

Bolhassan Di, Chairman and CEO

Gerry Murray, COO

Josh Galloway, Head of Drilling

bolhassan@uplandbigoil.com.my

gerry.murray@upland.energy

josh.galloway@upland.energy

 

www.upland.energy

OAK Securities - Broker

Tel: +44 (0)20 3973 3678

Jerry Keen

Henry Clarke

 

jerry.keen@oak-securities.com

henry.clarke@oak-securities.com

 

www.oak-securities.com


Inside Information (UK MAR)

This announcement contains inside information for the purposes of Article 7 of the UK Market Abuse Regulation (EU) No. 596/2014, which forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("UK MAR"). This information is disclosed in accordance with the Company's obligations under Article 17 of UK MAR.


FCA and Prospectus Disclaimer

This announcement does not constitute, and should not be construed as, a prospectus, admission document or offering memorandum, nor an offer to sell or the solicitation of an offer to buy any securities in the Company. No securities of the Company are being offered pursuant to this announcement. This announcement has not been reviewed or approved by the Financial Conduct Authority or any other regulatory authority.


Forward-Looking Statements

This announcement includes forward-looking statements, including statements relating to prospective resources, exploration and appraisal programmes, drilling plans, funding availability, farm-in arrangements, regulatory outcomes and future operations. Forward-looking statements are based on current expectations, assumptions and estimates and involve risks and uncertainties that could cause actual results or developments to differ materially from those expressed or implied.

Forward-looking statements are not guarantees of future performance. Factors that could cause actual outcomes to differ materially include, but are not limited to, licence awards, regulatory approvals, subsurface risk, commodity price volatility, operational risks, availability of capital, counterparty performance and changes in fiscal or governmental regimes. The Company undertakes no obligation to update any forward-looking statements except as required by applicable law or regulation.


END

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
BOAAKPBDDBKBFBB
Date   Source Headline
28th Feb 20183:52 pmRNSTotal Voting Rights
27th Feb 20187:00 amRNSSatisfaction of Condition of Farm-in to P2235
23rd Feb 20187:00 amRNS2017 Interim Results
21st Feb 20188:38 amRNSCompletion of Subscription by Tune Assets Limited
2nd Feb 20187:00 amRNSSuccessful Completion of Wick Environmental Survey
31st Jan 20187:00 amRNSSubscription by Substantial New Investor
18th Jan 20187:00 amRNSTermination of Wressle Farm-in Agreement
10th Jan 20187:00 amRNSAppointment of New Auditors
5th Jan 20187:00 amRNSWressle Planning Decision
14th Dec 20173:46 pmRNSResult of AGM
30th Nov 20177:00 amRNSNorth Sea Farm-in Agreement
15th Nov 201711:15 amRNSNotice of AGM
30th Oct 20171:40 pmRNSPublication of 3rd Supplementary Prospectus
27th Oct 201710:15 amRNSAnnual Report and Financial Statements 2017
26th Sep 20173:30 pmRNSVariation of Wressle Farm-in Agreement
21st Aug 20172:00 pmRNSWressle Farm-In Agreement - Update
13th Jul 20177:23 amRNSWressle Planning Appeal
3rd Jul 20173:43 pmRNSWressle Planning Decision
30th Jun 201710:33 amRNSWressle Update: Planning Meeting Announced
2nd Jun 20173:59 pmRNSDirector/PDMR Shareholding
19th May 20177:00 amRNSWressle Update: EA Mining Waste Permit Variation
3rd May 20177:00 amRNSWressle Update: New Planning Application
28th Apr 20179:30 amRNSDirector/PDMR Shareholding
19th Apr 20172:00 pmRNSDirector/PDMR Shareholding
11th Apr 20177:00 amRNSWressle Development Update & Start of Appeal
22nd Mar 20177:00 amRNSInterim Results
21st Feb 20172:23 pmRNSVariation of Wressle Farm-in Agreement
16th Feb 20177:00 amRNSDirector/PDMR Shareholding
7th Feb 20177:00 amRNSWressle Development Update
13th Jan 201710:05 amRNSOGA approval for increased stake in PEDL 299
11th Jan 20174:45 pmRNSWressle Planning Decision
16th Dec 20163:36 pmRNSResult of AGM
9th Dec 20167:00 amRNSMajor Shareholding Disclosure - Optiva Securities
6th Dec 20162:13 pmRNSDirector/PDMR Shareholding
5th Dec 20168:27 amRNSMajor Shareholding Disclosure - Norza Zakaria
5th Dec 20167:01 amRNSMajor Shareholding Disclosure - Stephen Staley
1st Dec 20168:18 amRNSCompletion of Placing
29th Nov 20167:00 amRNSPublication of Prospectus
24th Nov 20161:00 pmRNSAcquisition of 10% Interest in Wressle & Placing
22nd Nov 20164:30 pmRNSNotice of AGM
14th Nov 20167:01 amRNSIssue of success fee shares to Highland Geology
31st Oct 20163:20 pmRNSAnnual Report and Financial Statements
6th Oct 20163:07 pmRNSExecution by DECC of East Midlands Licence
4th Oct 20167:00 amRNSIncreased Participating Interest in PEDL 299
20th Jul 20163:49 pmRNSDirector Purchase of Shares
14th Jul 20167:00 amRNSCharitable Donation of Shares by Upland CEO
7th Jul 201611:05 amRNSDirectorate Change
29th Jun 20167:00 amRNSMajor Shareholding in Company
31st Mar 20167:00 amRNSDirector/PDMR Shareholding
30th Mar 20162:30 pmRNSHalf Yearly Report

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.