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The latest update is out from Upland Resources ( (GB:UPL) ).
Upland Resources Limited has entered into a strategic partnership with Lost Soldier Oil and Gas II Master Series LLC, marking a significant milestone for the company. This partnership involves a bilateral investment of approximately $8.6 million, enhancing Upland’s financial and technical capabilities. The collaboration provides Upland with direct exposure to the Wild Mustang Federal Unit, one of the largest unconventional gas discoveries in the western USA, and promises near-term and long-term revenue through production sales and royalty interests. This agreement is expected to accelerate Upland’s project development, optimize operations, and deliver substantial shareholder value.
More about Upland Resources
Upland Resources Limited is a company involved in the energy sector, focusing on the exploration and development of oil and gas resources. The company is particularly active in Southeast Asia, aiming to develop high-pressure gas fields and unconventional resources.
Average Trading Volume: 6,460,186
Technical Sentiment Signal: Buy
Current Market Cap: £43.85M
For a thorough assessment of UPL stock, go to TipRanks’ Stock Analysis page.