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- UPL
Building for the Next Phase
Over the past year, we have been building Upland into a broader upstream platform, with South-East Asia remaining at the heart of our strategy. Alongside our work in Sarawak, Indonesia and Brunei, we have strengthened our operational capability through Vanguard, expanded our strategic reach through Lost Soldier, added exposure to Wyoming natural gas and established a potential route to significant project funding. This progress reflects the work taking place behind the scenes to position Upland for the next phase of growth. The focus now is on execution, converting that stronger platform into licences, funded work programmes, wells and ultimately commercial value.
- UPL
Latest media
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.
Find out more about Indonesia’s petroleum bidding and licensing framework
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.
In a recent interview, Marc Bruner, CEO of Lost Soldier Oil and Gas discusses the company’s major gas discovery in Wyoming:
- Wild Mustang project described as the biggest discovery of his career
- Giant over-pressured natural gas system identified
- Multiple productive layers already discovered
- Potential for ~500 horizontal wells
- #UPL directly invested
Bruner: “This could be one of the most significant gas fields we’ve seen.”
Marc Bruner, Founder and CEO of Lost Soldier Oil & Gas speaks with Upland CEO Datuk Bolhassan Di.
Bruner reflects on decades in the industry, highlights that his team is bringing deep expertise in unconventional gas targets as both groups work together on a major new opportunity.
Upland CEO Datuk Bolhassan Di speaks with Marc Bruner of Lost Soldier Oil & Gas.
They underline a shared vision grounded in partnership, trust and regional collaboration.
With combined expertise, strong investor alignment and support across key Southeast Asian markets, they see a clear path to building Upland into a major energy player.
Marc Bruner expresses strong optimism about the partnership with #UPL.
He highlights confidence in their major project, noting that its future growth can support further investment in the region.
Investor Information
For further insight into Upland Resources, our strategy and recent corporate developments, explore our latest shareholder materials.
Primarily focused on developing opportunities in South-East Asia. Potential to deliver excellent returns to our shareholders.
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Upland Resources, attractive risk – reward oil & gas company