Business
Block SK334 Progress Report
Block SK334 Progress Report.
About this update from Upland Resources Ltd
[{"type":"text","content":"\n\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 \n20 June 2024\n \n \nUPLAND RESOURCES LIMITED\n(\"Upland\" or the \"Company\")\n \n \n \nPSC, Investment Partners, Sarawak Company Engagement & SK334 Progress Update\n \nUpland Resources Limited (LSE: UPL) is pleased to announce the following update:\n \nPSC & Investment Partners\n \nMay 16th Upland confirmed that we are engaged with PETROS to finalise Upland's application for a Petroleum Sharing Contract (PSC). The Company awaits approval.\n \nMay 16th the Company also confirmed letters of interest from two potential partners. These are now at the stage of detailed terms of reference subject to contract.\n \nSarawak Supplier Engagement\n \nThe Company is committed to maximise the participation of Sarawak companies on SK334. Upland is therefore pleased to confirm the following companies have been shortlisted and selected to work on Block SK334.\n \n· Environmental Impact Assessment - Sarona Konsult Sdn Bhd\n· Site preparations & civil works - Zecon Bhd\n· Civil and Structural consulting - TKY Consultants Sdn Bhd\n· Mechanical & Electrical consulting - Perunding KAZ Sdn Bhd\n· Early Production System and Mechanical Installations - Brooke Dockyards & Engineering Corporation\n· Geological and Geotechnical consulting - SI-Geospec Sdn Bhd\n \nSpecialist International Supplier Engagement\n \n· Basin modelling & Pore pressure prediction studies - Schlumberger\n· Pore pressure analysis, Seismic risk profiling & Production scale mapping - ACT Geo\n \n \nSK334 Progress Update\n \nUpland is pleased to provide a detailed Progress Report for Block SK334 Onshore...