Business
August JTS Summary
August JTS Summary.
About this update from Upland Resources Ltd
[{"type":"text","content":"\n\n \nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN\n \nThis 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.\n\n15 September 2023\n \n \nUPLAND RESOURCES LIMITED\n(\"Upland\" or the \"Company\")\n \nAugust JTS Summary\n \nUpland Resources Limited (LSE: UPL) is pleased to announce that further to the update on 23 August 2023 in relation to the Sarawak Block SK334 Joint Technical Study (JTS) Technical Workshop that the current monthly shareholder progress report is now accessible on the Company's website at the following link:\n \nhttps://upland.energy/presentations/\n \n \nHighlights & Forward Plan\n \n· Field Development Plan: Progressing with the notional field development plan in collaboration with PETROS.\n· Field Development Planning: Concept Select Field Development planning with PETROS downstream/facilities division to discuss SK334 field development scheduled early October.\n· Resource Estimates: Methodologies for Volumetric Resource estimates deliberated and agreed with PETROS, in process of final completion.\n· Rig Selection: Rig selection process in progress.\n· Future Exploration Plans: Developing prospecting and exploration strategies in Limbang area as part of SK334 Petroleum Sharing Contract (PSC) preparation.\n· Petroleum Economics Studies: Now progressing with the Petroleum Economics studies.\n· Assessment of Potential Targets: Actively evaluating Full Tensor Gravity (FTG) data and geological field-work results to assess additional potential targets on the eastern flank of Block SK334 (Lawas area).\n \n \n \n \n \nBolhassan Di, Upland Chairman and CEO comm...