Sarawak Drilling Crew Letter of Intent
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Upland 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.
As 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.
Bolhassan Di, Upland Chairman and CEO commented:
"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."
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