Government Discussions Update

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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.

 

4 September 2024

 

UPLAND RESOURCES LIMITED

(“Upland” or the “Company”)

 

 

Government Discussions – Update

Upland Resources limited (LSE: UPL) is pleased to update the market on a discussion held in Kuching, Sarawak at the Government Cabinet Office on September 3rd.

The Company has been in communication with the Sarawak Government, the final authority for Onshore O&G Assets, in relation to a Production Sharing Contract (PSC).

Cabinet Office Meeting, September 3rd 2024

 

Bolhassan Di, Upland Chairman and CEO, together with UBO board met in the Government Cabinet office, with the Premier, Deputy Premier and Deputy State Secretary of Sarawak, a very constructive meeting was held. The Premier and the Deputy Premier hold authority over Natural Resources and Urban development in Sarawak. Further face to face meetings have been planned between Upland and the Government, the company will update the market in due course.

 

 

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(Right Honourable Premier, Deputy Premier, Upland Chairman and CEO)

 

**ENDS**

 

 

 

For further information, please contact:

 

Upland Resources Limited 

Bolhassan Di

Chairman and CEO

Gerry Murray COO

Tel: +60 198  861919 

[email protected]

[email protected]

www.upland.energy

Optiva Securities – Joint Broker 

Christian Dennis

Tel:  +44 (0)20 3137 1903
[email protected] 

www.optivasecurities.com  

OAK Securities – Joint Broker 

Jerry Keen

Henry Clarke

Tel: +44 (0)20 3973 3678

[email protected]

[email protected]

www.oak-securities.com