Upland reports start of a new Wyoming gas well
Upland Resources ($UPL) reported that drilling has begun on GMF-5, the third well in the second phase of its Wyoming gas investment. The operator expects approximately 60 days of drilling to a target depth of around 19,000 feet, testing a deeper, higher-pressure interval. Production from the planned wells remains dependent on successful drilling and connection work. Upland’s exposure is through its $4.3 million investment in LSOG and associated Class C units and royalty interests, rather than di
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