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Upland Resources ( (GB:UPL) ) just unveiled an announcement.
Upland Resources Limited has finalized contracts to acquire Vanguard Drilling Limited’s intellectual property and advanced drilling management systems. This acquisition includes the integration of key personnel from Vanguard and appoints Josh Galloway as Head of Drilling Services. This strategic move enhances Upland’s operational readiness and positions it for growth in Southeast Asia, with Upland Borneo Drilling Services serving as a regional hub for internal and third-party projects.
More about Upland Resources
Upland Resources Limited operates in the energy sector, focusing on oil and gas exploration and production. The company is involved in developing and managing drilling services, particularly in Southeast Asia, and aims to enhance its operational capabilities and scalability in the region.
Average Trading Volume: 5,499,123
Technical Sentiment Signal: Buy
Current Market Cap: £35.91M
Learn more about UPL stock on TipRanks’ Stock Analysis page.