Upland Resources Share Discussion Threads

[joshondale] 31/3/2016 06:46

Going to take the company private....29.9% held now !

[rolo7] 31/3/2016 06:44

Where did 18million of share suddenly come from who sold them?

[aimmafia] 31/3/2016 06:22

Wooooo big buy

[panic investor] 15/2/2016 15:30

Podcast 408

###.voxmarkets.co.uk/blogs/408-dr-stephen-staley-ceo-of-upland-resources-and-nicola-duke-on-the-charts/

replace the ###

[snickerdog] 15/2/2016 11:44

Tree shake probably only about £2.3m with UK onshore assets on an old oil field with an 80% chance of success. £1.3m in cash as well helps a lot. Was reading that geared NAV on those assets is 2.3p Staley also looking for more stuff in Morocco. Apparently the Chairman on this one is ex-Petronas and looking to do some big stuff from Asia. This is quite but one day could go nuts as not a lot of stock around.

[panic investor] 15/2/2016 10:20

I see the guy who's with 88E is CEO here, just heard the latest podcast and quite impressed. Tucked a few away first thing this morning.

[treeshake] 13/2/2016 12:13

Guys what's the current mkt cap on these ?

[lithological heterogeneities] 12/2/2016 15:33

Dr Stephen Staley CEO of Upland Resources on Sharepickers Podcast today:

12 FEB 16
hxxp://www.sharepickers.com/dr-stephen-staley-ceo-of-upland-resources-and-nicola-duke-on-the-charts/

[thisidentifiesme] 10/11/2015 09:58

Oh and I assume as you know I've copied my posts onto the boards you've posted on you are aware of these posts but decided to just stop posting as you didn't have a response? Haven't you made enough of a fool of yourself already?

[thisidentifiesme] 10/11/2015 08:24

Oh look whats made an appearance after a few weeks of disappearance through sheer embarassment. "RNS tomorrow (wink)" still ramping and de ramping as it suits you I see and trying to make out you have inside info too now eh? (On the other stock) You're a class one fool.

Poor grant, not using gopher81? And how's your new handle 360modena on LSE treating you? See you're still spouting the same nonsense.

Why are you posting on LSE with 360modena and not your other username grantlfc?

What gives you the entitlement to call anyone a regard given your history?

[mikeh30] 08/11/2015 20:27

The 83m existing shares, however, look to be locked in for 12 months

[oakville] 08/11/2015 20:01

Looks like Metal Tiger or Paul Johnson is buying shares.

[mikeh30] 08/11/2015 19:59

FYI before the placing of 130,000,000 there were 83,437,861 shares bought for the cost of £392,201.Definitely has some potential but could fall a little.AIMHO of course

[mikeh30] 08/11/2015 19:28

£1.3m cash £2.2m cap.Looks like retail price not wholesale.Other shells out there better value until news.Life: £1m cash £.85m capSILF and SEN both floating with cap at around cash level.

[thisidentifiesme] 08/11/2015 01:56

Oh look whats made an appearance after a few weeks of disappearance through sheer embarassment. "RNS tomorrow (wink)" still ramping and de ramping as it suits you I see and trying to make out you have inside info too now eh? You're a class one fool.

Poor grant, not using gopher81? And how's your new handle 360modena on LSE treating you? See you're still spouting the same nonsense.

Why are you posting on LSE with 360modena and not your other username grantlfc?

[grantlfc] 07/11/2015 14:48

Projects and investments in pipeline. One to watch. Wholesale prices right now.

[mikeh30] 27/10/2015 17:47

£1.3m cash £2.5m mcapLooks like a promising shell but will wait to see if it drops more towards cash price

[the stigologist] 26/10/2015 11:01

Corporate Strategy

The Company was incorporated in the British Virgin Islands in March 2012 and was formed for the purpose of acquiring target companies, businesses or assets operating in the oil & gas exploration and production sector which it will then look to develop and expand. The Company may also apply to the relevant governmental authorities for licences or permits to explore, appraise and/or develop oil & gas assets.

The Company has been assessing various opportunities and is now seeking to execute its business plan. The Directors (Stephen Staley, Norza Zakaria and Jeremy King) believe that today's oil & gas industry presents multiple attractive investment opportunities.

Established with the aim of taking advantage of the team's knowledge and experience, the current low oil price and stressed nature of some incumbents, the Company aims to assemble a portfolio of assets with:

· Attractive risk : reward balance
· Low-cost entry and cheap work programme costs
· Robust economics

In particular, the Directors of the Company strongly believe that the recent climate of lower oil prices has created particularly advantageous conditions for companies such as Upland, with access to capital and knowledge.


Existing application within 14th UK Onshore Oil and Gas licensing round

Upland Resources is presently awaiting the result of its application as part of a three party consortium (the "Consortium") for a UK petroleum exploration and development licence ("PEDL") covering an area of about 175 km2 in two highly prospective blocks in the East Midlands. This application was submitted in October 2014 as part of the 14th Onshore Licensing Round organised by the UK Oil and Gas Authority.

The Company believes that it has excellent bid partners and has submitted a strong application for what it considers to be attractive, low risk, low cost plays in a proven hydrocarbon system.

Note that an independent Competent Person's Report ("CPR") was prepared by Blackwatch Petroleum Services over the application area as part of the listing process. This CPR validates Upland's assessment of the hydrocarbon potential of these blocks.

The following summary table shows the unrisked, recoverable hydrocarbon volumes ascribed to the acreage in the CPR:

North African Onshore and other Opportunities

The Company has significant experience in North Africa and, strongly believing that there are excellent overlooked onshore opportunities within the region, reports that it is currently appraising additional opportunities with a view to acquiring high impact, low-cost production and / or exploration assets which may provide strong opportunities to create value for shareholders.

In addition to its UK onshore bid and North African discussions, the Company is assessing other potential acreage positions in Western Europe and, seeking to leverage its global knowledge and experience, the Company will not exclude other geographic regions where there are opportunities to make appropriate acquisitions.