Local Business Upland announces £3 million fundraiser to help pay for Wick prospect By Allister Thomas June 13 2018, 12:00 pm June 13 2018, 12:00 pm Share Upland announces £3 million fundraiser to help pay for Wick prospect Share via Facebook Twitter Whatsapp Messenger Linkedin Email Post link https://www.pressandjournal.co.uk/fp/business/local/1496944/upland-announces-3-million-fundraiser-to-help-pay-for-wick-prospect/ Copy Link The location of the Wick well Upland Resources has announced plans to raise £3 million to help pay for the costs of drilling a 250 million barrel prospect in the Moray Firth. The firm intends to raise the cash through placing of 120million shares at 2.5 pence each. Upland, along with Baron Oil and Gas, have struck deals with operator Corallian Energy for stakes in the Wick prospect. To read more on Energy Voice, click here.
