Business
Sarawak Drilling Crew Letter of Intent
Sarawak Drilling Crew Letter of Intent.
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\n4 December 2023\n \n \nUPLAND RESOURCES LIMITED\n(\"Upland\" or the \"Company\")\n \nSarawak Drilling Crew Letter of Intent\n \nUpland Resources Limited (LSE: UPL) is pleased to announce that, further to the announcement made on 28th July 2023, the company has now signed a specific Letter of Intent (LOI) for the provision of specialist drilling crew services with an established and proven partner Vanguard Drilling Limited.\n \nAs we finalise rig selection for Block SK334, Vanguard Drilling bring extensive experience in new generation onshore drilling, complementing our team as we complete the next steps.\n \nBolhassan Di, Upland Chairman and CEO commented:\n\"This is a significant step forward for the company, we are making tangible progress and laying strong foundations towards our intended drill campaign. We look forward to increased market engagement as we scale up operations on Block SK334 in Sarawak.\"\n\n\n \n \n**ENDS**\n \nFor further information, please contact:\n \n\n\n\n\nUpland Resources Limited\nBolhassan Di, Chairman and CEO\n\n\nTel: +60 198 861 919\[email protected]\[email protected]\n \n\n\n\n\nOptiva Securities - Broker\nChristian Dennis (Corporate Broker)\n\n\nTel: +44 (0)20 3137 1903 [email protected]\nwww.optivasecurities.com\n \n\n\n\n\n \n\n","length":4935,"tagName":"div"}]