Why Invest in Upland?
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LSE: UPL
OTCQB: UPLLF
Dual market access
Providing access for UK and US investors
- Why Upland
Positioned for the Next Phase of Growth
Upland is progressing from strategic positioning into active execution, combining high impact South-East Asian opportunities with committed funding, operational capability and exposure to a near term US natural gas development.
Strategic funding commitment
Target resource base
Multi year programme
01 | Funded Path to Execution
Capital aligned with the portfolio
A US$100 million strategic funding commitment from Wild Mustang Midstream supports Upland's upstream activities across South-East Asia between 2026 and 2030, providing a framework for asset level investment and a multi year drilling programme.
02 | South-East Asia Licences
Multiple opportunities progressing
Upland is advancing opportunities across Indonesia, Sarawak and Brunei. In Aceh, the Company has established a formal partnership with provincial government investment company and is progressing towards a direct award Production Sharing Contract.
03 | Near Term US Gas Exposure
Wild Mustang,
Wyoming
Through the Lost Soldier partnership, Upland has participation in the Wild Mustang Federal Unit, an approximately 6 Tcf natural gas discovery with around 3,400 ft of stacked gas bearing pay confirmed through drilling.
A 5.3 mile connector pipeline is advancing, with first commercial gas sales targeted for Q4 2026, subject to regulatory approvals.
04 | Strategic and Financial Alignment
Partners invested alongside Upland
The Lost Soldier relationship extends beyond funding, bringing subsurface, drilling and midstream capability together with mutual equity exposure and bilateral investment options.
Marc A. Bruner, founder of Ultra Petroleum and Pennaco Energy, has also joined Upland as Strategic Investment Advisor and holds indirect exposure to Upland through Lost Soldier.
- North Sumatra Basin
Positioned in a Proven Petroleum System
Aceh lies within one of South-East Asia’s most productive hydrocarbon provinces, with significant identified oil and gas potential and major recent discoveries reinforcing the prospectivity of the wider basin.
Discover the Upland Opportunity
Upland is building a diversified energy portfolio across South-East Asia and the United States, combining high-potential upstream opportunities, strategic partnerships and growing operational capability.
- Our Posts
Check Our Latest Media
Follow the latest updates, insights and developments from Upland Resources across our operations, projects and corporate activities.
Upland’s South-East Asian opportunities were assessed at significantly lower oil prices, strengthening their economics in today’s higher-price environment. With progress in Indonesia accelerating, the Company believes it is well positioned to benefit from both strong regional opportunities and favourable market conditions.
Thomas Nyanat provided an overview of the licensing process in Indonesia, explaining the different routes available to secure oil and gas assets and how the Joint Study Agreement can provide a pathway towards a potential direct award.
Upland’s Chairman and CEO, Datuk Bolhassan Di, provides an update on the Company’s activities across Indonesia and Brunei, including its arrangement in Aceh and progress towards finalising a Heads of Agreement. He also discusses Upland’s position in the Brunei licensing process, the strength of the prospect identified through its technical work, and the importance of established relationships with regional authorities.
- UBDS
Upland Borneo Drilling Services
UBDS is being developed to deliver integrated drilling solutions that strengthen operational control, align performance and create new partnership opportunities across Borneo and South-East Asia.
Primarily focused on developing opportunities in South-East Asia. Potential to deliver excellent returns to our shareholders.