Upland Resources Limited (DI)
UPL:LN
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Overview
Company Profile
Upland Resources Limited is listed on the main market of the London Stock Exchange (Ticker UPL) by way of a standard listing under Chapter 14 of the UKLA’s Listing Rules.
We are actively building a portfolio of attractive upstream assets, with a wide geographical remit and with the potential to deliver excellent returns to our shareholders. We target assets with an attractive risk – reward profile.
Our decisions will always be based first and foremost on the technical robustness of the asset, but we also undertake a deep analysis of the commercial and political risks inherent in all projects.
The Upland management team is a highly experienced group of professionals with a track record of success.
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Corporate
Board of Directors
Dr Stephen Staley
CEO, Director
Dr Staley has over 30 years of wide-ranging technical and commercial experience in the international oil, gas and power sectors. He co-founded and brought to the AIM market both Fastnet Oil & Gas plc (where he was the founding CEO) and Independent Resources plc (where he was the founding Managing Director). He was also both a technical consultant to, and non-executive director of, Cove Energy plc – the highly successful East Africa focused explorer that went from having a market capitalisation of £2 million in mid-2009 to being sold to PTTP for £1.2 billion in less than three years. Dr Staley is owner & founder of Derwent Resources Limited, an upstream consultancy advising on oil and gas opportunities. He is also a non-executive director of, and consultant to, 88 Energy. Earlier roles were with Cinergy Corp., Conoco and BP. He holds a BSc(Hons.) in Geophysics from Edinburgh University, a PhD in Petroleum Geology from Sheffield University and an MBA from Warwick University. He is a Fellow of the Geological Society and a member of the EAGE, the PESGB and The Arctic Club.
Jeremy King
Non-Executive Director
Jeremy is a senior corporate finance executive with over 19 years experience. He has a wealth of experience advising clients on IPOs, fundraising, takeovers, mergers and acquisitions and continuing obligations. Jeremy is currently a director of, and head of corporate finance for, Optiva Securities Limited. Previously he was a Director of English Trust Company Ltd, a corporate finance house, where he originated and led the IPO of Private Equity Investor plc on the Full List of the LSE, raising £100m from investors. Prior to this he was at Kleinwort Benson Investment Management Ltd, where he became Head of UK Smaller Companies, managing unit trusts, investment trusts and pension funds investing in UK smaller companies.
Datuk Bolhassan Di (Bolhassan)
Non-executive Chairman
Bolhassan, an elected member of the Sarawak State Legislative Assembly from 1987 to 2011, has many years of political and commercial experience within the region. Bolhassan has held positions as Chairman of the Public Accounts Committee, Assistant Minister in the Sarawak Chief Minister’s Department and subsequently Assistant Minister at the Ministry of Infrastructure Development and Communication. A graduate of the School of Engineering at Sheffield University, Bolhassan began his career in 1979 at Sarawak Shell Bhd. (a subsidiary of Royal Dutch Shell plc) where he gained project planning, design, construction, commissioning and start-up experience in offshore projects. These included the F6A project in Sarawak waters (the largest offshore gas project in the region), the E11 and F23 gas production projects in Sarawak waters and also projects such as the St Joseph and South Furious offshore oil production platforms in Sabah waters. From 1987 to 1997, Bolhassan was also the Chairman of the Miri Port Authority, now a key economic catalyst in the industrial and economic development of Sarawak and an important port for not only Sarawak’s, but Malaysia’s, development of trade with the rest of the world. Bolhassan has had significant oil and gas experience with Shell in South Korea, Singapore, the North Sea and the Netherlands.