Client NewsUpland Resources Limited: Proposed farm-in
Upland Resources Limited (LSE: UPL), which is building a portfolio of exploration interests, is pleased to announce that a Heads of Terms (‘HoT’) agreement has been signed between the Company and Pennpetro Energy PCL (‘PPP’ or Pennpetro) for a proposed farm-in into its Saouaf permit area Tunisia (‘Saouaf Asset’).
Pennpetro Energy enters these HoT with Upland through its wholly owned subsidiary enterprise, Nobel Petroleum USA, Inc (‘NPUSA’).
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