Lost Soldier Oil and Gas Announces Strategic Relationship with Upland Resources

Lost Soldier Oil and Gas has entered into a strategic relationship with Upland Resources, a UK public company (LSE:UPL) with operational focus in Southeast Asia. This relationship involves Upland Resources investing in our private placement, and Lost Soldier in a similar sized investment in Upland Resources stock. This transaction now makes Lost Soldier a major shareholder in Upland Resources.

Upland has exposure to developing assets in Malaysia, Brunei and Indonesia. The transaction allows Lost Soldier to provide technical services including drilling, midstream, operational support, technical and engineering services particularly in high pressure gas and unconventional shale development on site. In conjunction with these services, Lost Soldier has the option to earn 20% net working interest in all projects secured by Upland Resources. The potential for development in both conventional and unconventional resources in these areas makes this relationship a win-win for both companies.