Upland Resources Share Discussion Threads

[blakesmith] 30/7/2024 10:06

MMS are waiting to collapse this to 1p

[blakesmith] 30/7/2024 10:05

Careful now

[blakesmith] 30/7/2024 09:59

More fools Parting with cash only to sell later at a loss

[blakesmith] 30/7/2024 09:57

Bet you 100 it will be 1p by close Watch I'm in the know

[haggismchaggis] 30/7/2024 09:54

Back to 3p in no time. Shorts burning in Hell.

[haggismchaggis] 30/7/2024 09:53

Blakesmith is full of sh1t3.

[blakesmith] 30/7/2024 09:50

Dropping now MMS will crash it at 11am

[blakesmith] 30/7/2024 09:44

Now time to get UPL To 1p

[blakesmith] 30/7/2024 09:44

Added to short I cleaned up on UKOG big time

[blakesmith] 30/7/2024 09:36

Be careful here No Psc news will come today AGM WNT REVEAL ANYTHING AND WATCH THE SELLERS SHORT ON

[zen12] 30/7/2024 09:36

Get them whilst you can!

[tomboyb] 30/7/2024 09:21

RNS -

acquisition of shares -

[jon389] 30/7/2024 08:04

what time agm

[showme01] 30/7/2024 06:27

I'm looking forward to what the BoD have to say about what has happened the last few days at the AGM today

[haggismchaggis] 29/7/2024 16:03

As per the last RNS (copied below), there's a short term plan and a long term plan.
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The short term plan involves UPL getting a PSC and drilling an exploration well next year to prove oil/gas exists there.
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The long term plan involves farm-out(s) for bigger company(ies) to do drill production wells, where UPL should be left with a free carry as happens with most small cap oil and gas exploration companies.
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It's not just a case of who UPL have on board, or how well in they are with Government, or what is in the JTS that gives them 'advantages', it's also about the two stage plan, when UPL are the right player to drill the first exploration well, before any majors start getting involved in farm-ins.
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Government Announcement: "Block SK334 "Petros is wrapping up a Joint Technical Study and we are looking forward to the potential drilling of an exploration well in 2025" (11th October 23)."
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"In preparation for this, following the completion of the Joint Technical Study, Upland has advanced its preparations to deliver an exploration drilling programme to meet this announcement."
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"Following its application for an exclusive award with the Government and Petros the Company has built an experienced team, made up of local and international experts, who are ready to commence operations on Block SK334."
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Joint Technical Study: "In the terms and conditions of the signed Joint Technical Study Agreement between Upland and Petros, and as a medium-term strategy, Upland has certain unique advantages over other potential bidders in a competitive bidding process."
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Joint Venture and Funding Partners: "Additionally, Upland has identified potential partners for funding and operatorship of the SK334 Production Sharing Contract as a long-term strategy."

[deltalo] 29/7/2024 14:33

Well the later statement suggests that we are already to go and get on with the work in hand. So I expect a bit more flesh on the bones tomorrow as to how near we really are. Atb.

[simon8] 29/7/2024 14:28

I guess we have fingers crossed for the AGM tomorrow in terms of them stating something to provide stability or support to the SP, though not sure what else they can say at this time given the RNS's of last week.

Clearly a statement reading they have now bee awarded the PSC would be very welcome but highly unlikely!

[sandcrab2] 29/7/2024 13:51

Ich war in Essen zur Schule