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REG - Upland Resources Ltd - Technical Evaluation Committee

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RNS Number : 7441M  Upland Resources Limited  18 September 2023

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO
THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN

 

This announcement is not an offer for sale, or a solicitation of an offer to
acquire, securities in any jurisdiction, including in or into the United
States, Canada, Australia, or Japan.  Neither this announcement nor any part
of it shall form the basis of or be relied on in connection with or act as an
inducement to enter into any contract or commitment whatsoever.

 

18 September 2023

 

 

UPLAND RESOURCES LIMITED

("Upland" or the "Company")

 

 Technical Evaluation Committee

 

Upland Resources Limited (LSE: UPL) is pleased to announce the formation of a
Technical Evaluation Committee responsible for advising the Upland Resources
Board of directors on technical activities related to the Company's assets.
This underscores the Company's commitment to effective management on
workstreams such as Block SK334.

 

The Technical Committee's mandate encompasses a wide range of critical
functions, including, resource estimation, qualifying and advising on
exploration initiatives. The committee is made up of industry experts with
both international and regional experiences and company specific in-depth
project knowledge of Upland Resources' assets.

 

Members of the Technical Committee:

 

a. Bolhassan Di - Chairman

b. Thomas Nyanat

c. Roberto Bencini

d. Prof Andrew Hurst

e. Gerard Murray - Secretary

 

Thomas Nyanat

 

Formerly Chief Production Geologist and Chief Petroleum Engineer with Shell,
Thomas possesses 39 years of wide ranging experiences in finding, development
and production activities in Oil and Gas fields in both regional and
international basins around the world. His recent role as Head of Onshore
Assets, Upstream Petroleum Sarawak (PETROS), includes spearheading activities
on Block SK334. His track record as an accomplished geoscientist professional
includes notable projects such as the Bokor, and Betty Oil field development
Offshore Baram Delta in Sarawak and the Kinabalu Oil & gas field, offshore
Sabah and extensive project experience across the Scottish and Norwegian North
Sea, such as the redevelopment of the Brent Field. His 7 years with Shell
International in Houston, Texas  as Chief Production Geologist, followed by 7
years as Chief Geologist with Petroleum Oil and Gas Corporation of South
Africa (PetroSA) in Cape Town is a testimony of his well sought-after
expertise in the Petroleum Industry and work in numerous Oil and Gas fields
around the world.

 

Roberto Bencini

 

Roberto Bencini, an experienced geologist with past roles at Chevron and ENI -
Lasmo, is an accomplished oil finder with international multidisciplinary
experience and an expert in naturally fractured reservoirs. He possesses an
intimate understanding of the Sarawak basin and Block SK334, with significant
commercial discoveries including Petroceltic's Ain Tsila discovery (530
million BOE recoverable reserves) and the Berkine Basin, Eastern Algeria
(several fields 3 billion bbls total recoverable).

 

Professor Andrew Hurst

 

Prof. Andrew Hurst, a former geologist with Statoil, is an accomplished oil
finder and currently holds the position of Chair of Petroleum Geoscience at
Aberdeen University. He played a pivotal role in establishing the Department
of Petroleum Geoscience at the University of Brunei and is renowned for his
Sand Injectites hydrocarbon discoveries, which have contributed to extensive
worldwide exploration successes.

 

Bolhassan Di, Upland Chairman and CEO commented:

 

"The formation of this Technical Evaluation Committee underscores our
commitment to excellence and effective management of our activities. We are
confident that adding distinguished experts such as Thomas Nyanat (formerly of
Petros) and Roberto Bencini, in addition to Professor Hurst, will play a
crucial role in advancing our defined strategy by utilising their in-depth
regional knowledge and specific technical understanding on areas such as Block
SK334. Their vast experience and specialized knowledge will undoubtedly
contribute greatly to our endeavours."

 

**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 (mailto: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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