Upland Resources Limited Directorate Change (5495D)
July 07 2016 - 5:05AM
UK Regulatory
TIDMUPL
RNS Number : 5495D
Upland Resources Limited
07 July 2016
7th July 2016
Upland Resources Limited
("Upland" or the "Company")
Board Appointment
Upland (LSE:UPL), the oil and gas company actively building a
portfolio of attractive upstream assets, announces that the Company
has appointed Datuk Haji Bolhassan Bin Haji Di to its Board as a
non-executive director with effect from 7th July 2016. His
appointment supports the Company's strategy to extend its focus to
Malaysia and the South East Asian region and, along with the
Company's Chairman (Norza Zakaria), is considered invaluable to the
Company's ambition to take stakes in high-impact, low-cost
production and exploration assets in the region.
Bolhassan, an elected member of the Sarawak State Legislative
Assembly from 1987 to 2011 (Sarawak being one of two Malaysian
States upon the Island of Borneo), has many years of political and
commercial experience within the region. During his lengthy service
within the Sarawak State Assembly, Bolhassan 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 also had significant oil and gas experience with
Shell in South Korea, Singapore, the North Sea and the
Netherlands.
Upland CEO, Stephen Staley, commented:
"I am delighted to welcome such a highly distinguished
individual to the team. Bolhassan's involvement is a great
endorsement of our strategy to acquire assets within the South East
Asian region. His appointment strengthens the Board and brings
substantial political, technical and commercial experience in the
region which should greatly aid our efforts to execute our
corporate strategy."
Bolhassan currently holds, or has previously held, the following
directorships
Current Appointments
Zecon Berhad (Non-Executive Director)
Chairman of Jiwa Bakti Newspaper
Previous Appointments
Chairman of Sarawak Concrete Industry Berhad
Director Quality Concrete Berhad
Chairman of Miri Port Authority
Chairman of Kuching Port Authority
Director Sarawak Timber Industry Corporation
Director Bomar Properties Ltd
There is no information on Bolhassan required to be disclosed
under LR 9.6.13R (1) - (6) of the UKLA's Listing Rules in respect
of Bolhassan and Bolhassan holds no shares in the Company.
**Ends**
Contacts:
Upland Resources Limited www.uplandres.com
============================ =========================================================
Steve Staley, CEO Tel: 07891 677 441
s.staley@uplandres.com
============================ =========================================================
Optiva Securities Limited
============================ =========================================================
Jeremy King (Corporate Tel: 020 3137 1904
Finance) jeremy.king@optivasecurities.com
============================ =========================================================
Christian Dennis (Corporate Tel: 020 3411 1882 christian.dennis@optivasecurities.com
Broker)
============================ =========================================================
FlowComms Ltd www.flowcomms.com
============================ =========================================================
Sasha Sethi (Investor Tel: 07891 677 441
Relations) sasha@flowcomms.com
============================ =========================================================
This information is provided by RNS
The company news service from the London Stock Exchange
END
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