Upland Resources Share Discussion Threads

[soulsauce] 10/12/2018 08:30

That would be the hope nimbidc

[soulsauce] 10/12/2018 08:28

Good question 2prismo.

I am hoping that Upl will be involved in fields that already have oil or gas finds.

It is good the news has come from Coro today as may be now SS will have to be more open as to what is happening in Sarawak and may be get some tangible news from there instead of just tweeting photos.

[nlmbidc] 10/12/2018 08:27

The real point is non Malaysian company has been allocated something in Sarawak.

Must surely be a positive step on the way to UPL getting awarded something.

[2prsimo] 10/12/2018 08:21

Why have Coro got something in Sarawak and Upland hasn't? - all of UPL's so-called "hard work" and contacts hasn't yielded very much there really.

[tburns] 10/12/2018 08:15

It can only realistically be positive news, things moving forward and as soon as they start to drill then things will really start to get interesting. Did someone say previously that a +ve drill with Wick is worth 57P to our 40%, almost a 20 bagger!

[yogaboy] 10/12/2018 08:09

Looking forward to seeing the presentation in person for a change.

[soulsauce] 10/12/2018 08:07

That there may be Jaba but Coro have announced more this morning than we have, apparently, achieved since April 😕

At least it suggests there is some movement there.

[thejaba] 10/12/2018 07:52

TylerI think we can all assume there are other deals and not just one available.

[tyler90] 10/12/2018 07:51

CORO getting a deal with Petronas in Sarawak??

[soulsauce] 10/12/2018 07:48

Unless the presentation and Agm have something new to say I would doubt it but I live in hope. As the Agm is at 2pm it doesn't leave much time.

[nlmbidc] 10/12/2018 07:39

Big day today. Will there be a late afternoon rally post the AGM?

[gunsofmarscapone] 09/12/2018 14:03

Nimbid

Thats fair enough but this outfit will need, imvho, more cash after Wick. My other point was aimed at the risk of conformity. Risky shift.

How much money will be left after Wick do you think?

[throwingmuses] 08/12/2018 20:54

Yes Tyler it appears things are going to kick off soon.

May be wrong of me to say this, but what gives me the most confidence about Wick is the fact we wanted a piece of it. Not sure if that's verging on narcissism or not! Anyway, just a reminder...

We have calculated that on the basis of the lower in place resources estimate, a recovery factor of 30% and an estimated NPV per barrel of recoverable oil of $14.79, Wick could be worth $485.9m net to Upland on an unrisked basis

[tyler90] 08/12/2018 19:55

ENSCO 72 is scheduled to set off for Wick on Tuesday next week which has been confirmed.Also Wick is not a blind drill from seismic alone. Geology under the sea is seen above the surface too. The Caithness cliffs lay bare the stratigraphy, natural fractures & hydrocarbons. Bitumen-rich stone used in construction and a source of tar for boatmakers over centuries.I think a buy order for Monday morning seems an attractive proposition even for short-term traders.

[nlmbidc] 08/12/2018 19:18

GoN

Nobody cares

[yogaboy] 07/12/2018 14:51

Innovation just arrived and pulled up very close to Ensco72 :O

[snickerdog] 06/12/2018 09:35

Buying opportunity. Just dropped a little

[henrymcivor1] 05/12/2018 17:59

Can someone point me in the direction of the gross arithmetic errors?

[robpuguk] 05/12/2018 17:54

Don't worry soul, it's what GOM does... he does like to waffle without really saying anything lol

[soulsauce] 05/12/2018 17:19

If you say so 😕

[gunsofmarscapone] 05/12/2018 16:49

Not necessarily soul, various companies are connected via licence sharing: sometimes useful information can be gathered by listening to why people made certain deductions.

Regrettably that was not the case here, neither was there any openness to well mannered critique. Having pointed out that there were posts which were sub-numerate nobody seemed to take any interest in where the gross arithmetical errors were.

That in itself is highly instructive. Evolution rules I suppose.

[soulsauce] 05/12/2018 15:43

Good to see you lost interest GoM so you will have no more need to post.