TOWER RESOURCES PLC — Delisting Announcement 2018

Oct 26, 2018

Wentworth Resources Limited : Completion of Re-Domicile, Name Change and Notice of Suspension

Wentworth Resources Limited : Completion of Re-Domicile, Name Change and Notice of Suspension

PRESS RELEASE

26 October 2018

WENTWORTH RESOURCES PLC

("Wentworth" or the "Company")

Completion of Re-Domicile, Name Change and Notice of Suspension

Wentworth, the Oslo Stock Exchange (OSE: WRL) and AIM (AIM: WRL) listed

independent, East Africa-focused oil & gas company, is pleased to announce that

it has successfully completed its re-domicile from Alberta, Canada to Jersey,

Channel Islands (the "Re-Domicile").

Following the Re-Domicile, the Company has become a public limited company

incorporated under the Companies (Jersey) Law, 1991 (as amended) and has

completed its name change from Wentworth Resources Limited to Wentworth

Resources plc.  The Company's new articles of association adopted by the general

meeting in connection with the approval of the Re-Domicile have entered into

force.

The Company's new organisation number is 127571 and the Company's registered

office in Jersey is 4th Floor, St Paul's Gate, 22 - 24 New Street, St Helier,

Jersey, JE1 4TR, the office of the Company's corporate administrator in Jersey.

Trading in the Company's shares will be suspended from start of trading on AIM

and the Oslo Stock Exchange on 29 October 2018 as the Company applies for new

ISIN, SEDOL and LEI codes.

An application will be made to the London Stock Exchange for the admission of

the Company's Ordinary Shares to trading on AIM following the Re-Domicile

("Admission"). Admission is expected to take place at 8.00am (GMT) / 9.00am

(CET) on 2 November 2018 (or such later date as may be agreed between the

Company and AIM) and trading in the Company's shares is expected to recommence

on both AIM and the Oslo Stock Exchange from that time.  Following Admission,

the Company's ticker for both the Oslo Stock Exchange and AIM will be "WEN".

For a description of the principal attributes of the share capital of the

Company following the Re-Domicile, please refer to the Management Information

Circular, dated 21 August 2018, available on the Company's website.  A

"Questions and Answers" or "Q&A" sheet on the practical effect of the Re-

Domicile for shareholders is now available on the Company's website at

https://www.wentworthresources.com/faq.php.

Further announcements will be made in relation to the new ISIN and other codes

and Admission and recommencement of trading in due course.

-Ends-

Enquiries:  Bob McBean, rpm@wentworthresources.com

Wentworth Executive Chairman

Eskil Jersing,

Chief Executive eskil.jersing@wentworthresources.com

Officer +44 7717 847623

Katherine Roe, katherine.roe@wentworthresources.com

Chief Financial +44 7841 087 230

Officer

Stifel Nicolaus AIM Nominated +44 (0) 20 7710 7600

Europe Limited Adviser and Broker

(UK)

Callum Stewart

Ashton Clanfield

Simon Mensley

Peel Hunt LLP Broker (UK) +44 (0) 20 7418 8900

Richard Crichton

Ross Allister

Vigo Investor Relations +44 (0) 20 7930 0230

Adviser (UK)

Patrick d'Ancona

Chris McMahon

Kate Rogucheva

About Wentworth Resources

Wentworth Resources is a publicly traded (OSE: WRL, AIM: WRL), independent oil &

gas company with natural gas production; exploration and appraisal

opportunities, all in the Rovuma Delta Basin of coastal southern Tanzania and

northern Mozambique.

Inside Information

The information contained within this announcement is deemed by Wentworth to

constitute inside information as stipulated under the Market Abuse Regulation

(EU) no. 596/2014 ("MAR"). On the publication of this announcement via a

Regulatory Information Service ("RIS"), this inside information is now

considered to be in the public domain.

Cautionary note regarding forward-looking statements

This press release may contain certain forward-looking information. The words

"expect", "anticipate", believe", "estimate", "may", "will", "should", "intend",

"forecast", "plan", and similar expressions are used to identify forward looking

information.

The forward-looking statements contained in this press release are based on

management's beliefs, estimates and opinions on the date the statements are made

in light of management's experience, current conditions and expected future

development in the areas in which Wentworth is currently active and other

factors management believes are appropriate in the circumstances. Wentworth

undertakes no obligation to update publicly or revise any forward-looking

statements or information, whether as a result of new information, future events

or otherwise, unless required by applicable law.

Readers are cautioned not to place undue reliance on forward-looking

information. By their nature, forward-looking statements are subject to numerous

assumptions, risks and uncertainties that contribute to the possibility that the

predicted outcome will not occur, including some of which are beyond Wentworth's

control. These assumptions and risks include, but are not limited to: the risks

associated with the oil and gas industry in general such as operational risks in

exploration, development and production, delays or changes in plans with respect

to exploration or development projects or capital expenditures, the imprecision

of resource and reserve estimates, assumptions regarding the timing and costs

relating to production and development as well as the availability and price of

labour and equipment, volatility of and assumptions regarding commodity prices

and exchange rates, marketing and transportation risks, environmental risks,

competition, the ability to access sufficient capital from internal and external

sources and changes in applicable law. Additionally, there are economic,

political, social and other risks inherent in carrying on business in Tanzania

and Mozambique. There can be no assurance that forward-looking statements will

prove to be accurate as actual results and future events could vary or differ

materially from those anticipated in such statements. See Wentworth's

Management's Discussion and Analysis for the year ended December 31, 2017,

available on Wentworth's website, for further description of the risks and

uncertainties associated with Wentworth's business.

Notice

Neither the Oslo Stock Exchange nor the AIM Market of the London Stock Exchange

has reviewed this press release and neither accepts responsibility for the

adequacy or accuracy of this press release.

This information is subject of the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.