NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN |
This announcement is not an offer for sale, or a solicitation of an offer to acquire, securities in any jurisdiction, including in or into the United States, Canada, Australia, or Japan. Neither this announcement nor any part of it shall form the basis of or be relied on in connection with or act as an inducement to enter into any contract or commitment whatsoever. |
Upland Resources Limited (LSE: UPL), the oil and gas company actively building a portfolio of attractive upstream assets, is pleased to announce that it has appointed Crowe Clarke Whitehill LLP (“CCW“) as its auditors and as auditors for its subsidiary companies.
Background
The appointment of CCW arises because of the resignation of Wilkins Kennedy LLP (“WK“) as the Company’s auditors. WK has resigned purely for normal commercial reasons: specifically, Upland was WK’s only main market listed audit client and the regulatory costs associated with this role had become greater than the fees generated by the Upland audit work.
Steve Staley, CEO of Upland Resources Limited, said:
“We are pleased to appoint CCW as our new auditors. CCW has a wide range of experience with listed companies and with resource companies. I would also like to take this opportunity to thank WK for the fine job they have done as Upland’s auditors, having been with us through the early days of the Company.”
Upland Resources Limited | www.upland.energy |
Steve Staley, CEO | Tel: 07704 974784 [email protected] |
Optiva Securities Limited | |
Jeremy King (Corporate Finance) | Tel: 020 3137 1904 [email protected] |
Christian Dennis (Corporate Broker) | Tel: 020 3137 1903 [email protected] |
FTI Consulting | |
Ben Brewerton/Molly Stewart | Tel: +44 (0) 20 3727 1708 [email protected] |
Flowcomms Ltd | |
Sasha Sethi | Tel: +44 (0)7891 677441 [email protected] |
Notes |
Upland is an upstream oil & gas company whose highly experienced management team has a track record of creating major value for shareholders in junior oil & gas companies, including Cove Energy plc. The Company has extensive technical and commercial skills and contacts, management having held senior roles in Petronas, Conoco, Shell etc. |