Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Upland Resources ( (GB:UPL) ) just unveiled an announcement.
Upland Resources has entered a bilateral options agreement with Lost Soldier Oil and Gas and its CEO Marc A. Bruner, giving Upland the right to invest up to US$9.5 million in the Lost Soldier Oil and Gas II Master Series tied to the Wild Mustang gas field in Wyoming. In return, Lost Soldier and Bruner receive options to subscribe for up to US$9.5 million of new Upland shares at 5 pence per share, aligning equity interests through to 2030.
The Wild Mustang project, in Wyoming’s Bison Basin, is described as a major recent U.S. natural gas discovery with estimated resources of about 6 Tcf and confirmed stacked pay zones, with phased development underway and first gas sales targeted around late 2026. The deal increases Upland’s economic exposure to the field by up to US$13.8 million, reinforces its role as the only publicly listed vehicle with direct exposure to Wild Mustang, supports its broader US$100 million strategic funding framework, and is timed alongside an application for quotation on the OTCQB market to broaden its investor base.
The most recent analyst rating on (GB:UPL) stock is a Hold with a £3.00 price target. To see the full list of analyst forecasts on Upland Resources stock, see the GB:UPL Stock Forecast page.
Spark’s Take on GB:UPL Stock
According to Spark, TipRanks’ AI Analyst, GB:UPL is a Neutral.
The score is primarily held down by weak financial performance—no revenue, ongoing losses, and worsening cash outflows in 2024—implying elevated funding risk. Technicals provide only modest support (price above longer-term averages but soft near-term momentum), while valuation offers limited support given the negative P/E and no dividend yield data.
To see Spark’s full report on GB:UPL stock, click here.
More about Upland Resources
Upland Resources Limited is an upstream oil and gas company listed on the London Stock Exchange, focused on exploration and development projects. The company is targeting near-term cash flow in geopolitically stable jurisdictions such as the United States, while also advancing upstream development initiatives in Southeast Asia to diversify its asset base and investor appeal.
Average Trading Volume: 6,771,699
Technical Sentiment Signal: Buy
Current Market Cap: £48M
Learn more about UPL stock on TipRanks’ Stock Analysis page.