REG - Upland Resources Ltd - Sarawak Drilling Crew Letter of Intent

Upland ResourcesAnnouncement

04/12/2023 14:00

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RNS Number : 5917V  Upland Resources Limited  04 December 2023

 

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4 December 2023

 

 

UPLAND RESOURCES LIMITED

("Upland" or the "Company")

 

Sarawak Drilling Crew Letter of Intent

 

Upland Resources Limited (LSE: UPL) is pleased to announce that, further to
the announcement made on 28th July 2023, the company has now signed a specific
Letter of Intent (LOI) for the provision of specialist drilling crew services
with an established and proven partner Vanguard Drilling Limited.

 

As we finalise rig selection for Block SK334, Vanguard Drilling bring
extensive experience in new generation onshore drilling, complementing our
team as we complete the next steps.

 

Bolhassan Di, Upland Chairman and CEO commented:

"This is a significant step forward for the company, we are making tangible
progress and laying strong foundations towards our intended drill campaign. We
look forward to increased market engagement as we scale up operations on Block
SK334 in Sarawak."

 

 

**ENDS**

 

For further information, please contact:

 

 Upland Resources Limited         Tel: +60 198 861 919

 Bolhassan Di, Chairman and CEO   bolhassan@uplandbigoil.com.my (mailto:bolhassan@uplandbigoil.com.my)

                                  gerry.murray@upland.energy

 Optiva Securities - Broker       Tel:  +44 (0)20 3137 1903

                                christian.dennis@optivasecurities.com
 Christian Dennis                 (mailto:christian.dennis@optivasecurities.com)
 (Corporate Broker)

                                  www.optivasecurities.com (http://www.optivasecurities.com/)

 

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