Upland Resources Share Discussion Threads

[amr20l7] 06/7/2020 22:30

No, I'm over there

[nlmbidc] 06/7/2020 22:15

AMR2017, Are you still here?

[throwingmuses] 06/7/2020 21:15

Don't see many sub 25m companies with an onshore license of scale. Let's see what...of some scale...means, and what happens there and North Africa, could finally be about to get very interesting here.

[tyler90] 06/7/2020 15:37

"Our other focus is of course Sarawak and it has recently been very encouraging to report positive developments in that particular region where having identified a number of high-impact opportunities we are well positioned with our strategic partners. We encourage investors to follow developments closely."??

[tyler90] 06/7/2020 15:34

The last RNS did ask to keep an eye out for developments in Sarawak. From experience the agreement could just suddenly come out of the blue or we may get leaks and see some early interest once those in the know start buying...take your pick!hTTps://www.thestar.com.my/business/business-news/2020/07/04/sarawak-set-to-change-og-industry

[soulsauce] 29/6/2020 20:06

Does it? It might sound like it but we are still in the same position, waiting and hoping that the pieces fall in our favour.

[michaelwhight] 29/6/2020 19:44

Yes the timeline is not what I expected either. Undoubtedly a delay is due to the refocus and the news that they are trying to improve prospects in Tunisia leads me to believe that the earlier sniffs of interest from potential partners were deemed unsatisfactory. Tunisia news is dragging its heels somewhat but it sounds like Sarawak has accelerated.

[yogaboy] 29/6/2020 18:18

It is most definitely interesting michaelwight, and I should be encouraged by the announcement... but "positive developments" don't pay the bills, and they have been "well positioned" with their "strategic partners" for longer than many of us care to remember.I continue to hold, but these announcements are laughable in their lack of concrete news.

[michaelwhight] 29/6/2020 09:03

This seems to be the most interesting part for me. Our other focus is of course Sarawak and it has recently been very encouraging to report positive developments in that particular region where having identified a number of high-impact opportunities we are well positioned with our strategic partners. We encourage investors to follow developments closely.

[soulsauce] 29/6/2020 09:01

This was from July 1st 2019:-

The signature of the permit documents allows Upland to actively market participation in the Saouaf Licence to potential farminees, whereas previously the Company could only receive unsolicited expressions of interest.

So almost a year further on to the day, we are just starting to reprocess the seismic with a view to doing more seismic and then hoping to start a farm out process, all with no income and within months of running on fumes again.

I am not sure an indicative timetable would be helpful yogaboy as everything takes an age here. The market response says it all.

[yogaboy] 29/6/2020 08:41

"reprocessing of existing ETAP seismic data to allow planning for a subsequent, more concentrated data acquisition campaign"An indicative timetable would be nice.

[soulsauce] 29/6/2020 08:14

Well I said may be news this week but I don't need to clunk click. But at least it's something 😏

[spangle93] 29/6/2020 08:12

Lads, strap yourselves in

We've got a technical panel in Tunisia with one person in it.

[soulsauce] 26/6/2020 18:01

May be news next week. Come on CP make me get my seat belt on.

[yogaboy] 26/6/2020 17:34

Rumble rumble...

[tyler90] 26/6/2020 09:52

Expecting a blue day today, fingers crossed we pass the 1.1 mark

[throwingmuses] 22/6/2020 22:18

Yeah, the chart looking primed now.

Wonder how the partners are getting on with the large E&P company looking at the North sea licence. Hope they like what they see, a jog type free carry on an exploration well for around 75% would be pretty tasty. Leaving 10/10/5 for the partners......if you're watching stat...equin.....or whoever!

[yogaboy] 22/6/2020 13:53

Three-month high if this holds. A couple of pieces of proper good news will see UPL shoot.

[throwingmuses] 19/6/2020 18:36

I think near term runs out at the end of next week :)

Also a slow realisation that events in Sarawak may be moving in our favour at last. Any whiff of an onshore licence of scale and the market cap really doesn't fit!

[soulsauce] 19/6/2020 18:36

Nothing usually.

[nlmbidc] 19/6/2020 17:42

News in near term on Tunisia according to the RNS on 27th May.

Not sure what near term means with this share though.

Monday would be nice.

[yogaboy] 19/6/2020 17:09

Ending on a three-month high eh?

[soulsauce] 19/6/2020 16:50

Hold on, just let me put my seat belt back on.