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Appointment of Strategic Advisor

In brief · summary, not quotable

Upland Resources Limited has appointed Marc A. Bruner as Strategic Investment Advisor, leveraging his over 50 years of experience in the oil and gas sector, including founding companies like Ultra Petroleum, which reached a market capitalization exceeding US$7 billion, and Pennaco Energy, sold for approximately US$550 million. Bruner's leadership at Lost Soldier Oil & Gas resulted in a 6 trillion cubic feet natural gas discovery, an asset in which Upland is invested, and he is an indirect 6% shareholder in Upland Resources via Lost Soldier Oil & Gas LLC, aligning his interests with the company's growth.

Full announcement

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London - 22 January 2026 - Upland Resources Limited ("Upland" or the "Company"), is pleased to announce the appointment of Marc A. Bruner as Strategic Investment Advisor to the Company.

About Marc A. Bruner

Marc A. Bruner is an American oil and gas executive and entrepreneur with over 50 years of experience in founding, scaling and successfully exiting energy companies, primarily focused on oil and gas development. He has held leadership roles in multiple companies that have become significant players in the energy sector.

Key Career Achievements:

  • Founder and leader of multiple energy companies that collectively generated substantial value, including Ultra Petroleum Corporation, Pennaco Energy Inc., Falcon Oil & Gas Ltd., and Lost Soldier Oil & Gas, where he currently serves as CEO.
  • At Lost Soldier Oil & Gas, Mr. Bruner led the team to an initial 6 trillion cubic feet (Tcf) onshore natural gas discovery in the United States, reinforcing his reputation for delivering material gas resources.
  • Mr. Bruner is also an indirect shareholder of 6% in Upland Resources Limited via Lost Soldier Oil & Gas LLC, aligning his interests with the Company's growth and success.

Summary of Impact

CompanyRoleOutcome
Ultra PetroleumFounder & ChairmanBuilt to > US$7 billion + market capitalization
Pennaco EnergyFounder & CEOSold to Marathon Oil for ~US$550 million
Falcon Oil & GasFounder & CEOGrew to > US$3.7 billion valuation
Lost Soldier Oil & GasFounder & CEOLed team to an initial 6 Tcf onshore U.S. natural gas discovery, in which Upland is invested

Statement from Marc A. Bruner

"I am honoured to join Upland Resources at a pivotal stage in its development. The Company has a highly experienced management team and significant large-scale opportunities in South East Asia. I look forward to contributing my experience in large-scale upstream projects to support Upland in delivering sustainable value for its shareholders."

Statement from Upland Resources' CEO and Chairman, Bolhassan Di

"We are delighted to welcome Marc Bruner to Upland Resources at a pivotal time for the Company. Marc's outstanding track record in founding, scaling and successfully exiting energy companies, together with his leadership role in the 6 Tcf Lost Soldier discovery-an asset in which Upland is invested-adds significant strategic depth and execution capability to our board and management. His indirect 6% shareholding in Upland further aligns his interests with those of our shareholders.

This appointment comes as Upland advances several high-impact initiatives and approaches a number of important corporate and regulatory milestones. Marc's experience and insight will be instrumental as we position the Company for the next phase of growth and prepare to unlock material value across our targeted portfolio."

Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.

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