Upland Resources Share Discussion Threads

[argyle underclap] 30/6/2017 11:01

Rns out

Decision day mon 3 July.

Planning deptartment recommend approval

[sja123] 30/6/2017 08:06

RNS on another site has the following paragraph for anyone not realizing the significance of this for Upland

"On 24 November 2016, Europa announced it had signed a Sale and Purchase Agreement (‘SPA’) with Upland Resources (UK Onshore) Limited (‘Upland’;) in relation to a 10% interest in PEDLs 180 and 182. Completion of the SPA, which is subject to approval from the Oil & Gas Authority, would result in Europa retaining a 20% interest in the Licences."

[bumpa33] 29/6/2017 08:14

Things clearly hotting up in the region...

[billyboychrisd] 27/6/2017 17:18

Few more buys led into a tick up, fancy another run up... Thanks for the research

[bumpa33] 27/6/2017 15:07

there was stock on offer at the time, however rang round all the mm's and no one owning up to doing that particular bit of business.

[billyboychrisd] 27/6/2017 15:01

Very true, hadn't put 2+2 together. Weird how a buy that size didn't move the share price into blue though.

[bumpa33] 27/6/2017 14:24

Been advised that now Ramadan concluded things should start to move...

[bumpa33] 27/6/2017 14:22

someone nibbling today, 1.65m bought...

[kemche] 23/6/2017 08:45

Patience that Job would be proud of!

[bumpa33] 19/6/2017 09:49

all quiet on the (far) eastern front, I understand everything is on track, but as ever the wait can seem interminable :)

[billyboychrisd] 16/6/2017 12:30

I managed to get two buys through at 1.45 this morning but I've been shut out since then. Not even to buy £100.Wanted more at this price but I think somebody with more money than I also does!

[bumpa33] 12/6/2017 06:42

actually, that share-talk piece above is typical of the lack of understanding about this one.

[bumpa33] 11/6/2017 22:32

Malaysia/Sarawak is the main attraction here, this is where the main focus of the board (and their substantial holdings) lies. The Petronas & Sarawak State Legislative Assembly connections are telling clues, it shouldn't be long before we get meat on the bones. Until then we fly under the radar as on the surface it's just Hardstoft and Wressle.

[sja123] 11/6/2017 13:42

"UPL is what many consider to be a slow burner to many however their ethos of seeking oil and gas plays that represent an attractive risk versus reward balance for shareholders is attractive to some. Their board of directors includes the respected Dr Stephen Staley who took Cove through to a successful sale and more recently assisted 88energy, he uses industry experience and contacts in conjunction with technical expertise to source, assess and secure the best assets. Their SK46c prospect fits this bill and is especially appealing as it includes the opportunity to rejuvenate an old production area known as Hardstoft Oil Field. This was the first ever oil discovery well in the UK back in 1919. The current plan is to drill a modern low cost, low risk deviated development well on Hardstoft Field and Their Hardstoft East prospect, directly adjacent to Hardstoft Field, plans are to drill a second well with a view to increasing production values. New seismic data will be acquired to identify the best well locations. An independent report by Blackwatch estimates that the chance of success for Hardstoft Field is 80%, and 64% for Hardstoft East."

[snickerdog] 08/6/2017 00:28

Tory win and this is off to races. See page 23 of Cons manifesto.

[thejaba] 06/6/2017 00:10

Could be an exciting day tomorrow as it broke out to new highs on large volume. I'm expecting to see 2p this month.

[bumpa33] 05/6/2017 15:18

Kemche, as said let's see - the clues are all out there in the public domain, but few have caught on yet. It's the timescales that are diffcult to measure though I believe we're very close now.

[kemche] 05/6/2017 13:47

bumpa - your hope and my wish! I am looking for "transformational".

:)

[bumpa33] 05/6/2017 13:39

that's the hope, if what I believe is coming actually transpires, it's going to completely catch the market out. Such situations are the holy grail, but let's see...

[kemche] 05/6/2017 13:23

bumpa, which makes me think that when the news does land the reaction of the share price will be very interesting!

:)

[bumpa33] 05/6/2017 13:16

Maybe, maybe not - only on the radar of a few keen observers currently...

[kemche] 05/6/2017 12:58

bumpa, that is certainly the hope :)

SP may be telling?

[bumpa33] 05/6/2017 12:55

News due soon on Sarawak/Malaysia, could turn this sleepy junior oiler into something else entirely...