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TOWER RESOURCES PLC Delisting Announcement 2019

Feb 6, 2019

7980_rns_2019-02-06_1bd34042-5041-46b9-b71f-7bfc7bd16c5a.html

Delisting Announcement

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Wentworth Resources Plc : Upcoming delisting from the Oslo Stock Exchange

Wentworth Resources Plc : Upcoming delisting from the Oslo Stock Exchange

PRESS RELEASE 6 February 2019

WENTWORTH RESOURCES PLC

("Wentworth" or the "Company")

Upcoming delisting from the Oslo Stock Exchange

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

independent, East Africa-focused oil & gas company refers to the announcement

published on 30 November 2018 regarding the delisting of the Company's shares

(in the form of registered beneficial interests (deposit rights)) (the

"Securities") from the Oslo Stock Exchange.

The Company is today reminding shareholders of the upcoming delisting of the

Securities from the Oslo Stock Exchange. The final trading day for the

Securities on the Oslo Stock Exchange is 13 February 2019 and the Securities

will, from 14 February 2019, no longer be tradeable on the Oslo Stock Exchange.

The Company will continue to be listed on AIM.

The Company refers to the information letter published on 30 November 2018 for

further information regarding the continued registration of the Securities in

the Norwegian Central Securities Depository (the VPS) following the delisting

from the Oslo Stock Exchange and the process for transfer of Securities to the

UK settlement system CREST.

The information letter is available on the Company's website,

https://wentplc.com/investors/documents/.

-Ends-

Enquiries:  Eskil Jersing, [email protected]

Wentworth Chief Executive Officer +44 (0)118 2065427

Katherine Roe, [email protected]

Chief Financial Officer +44 (0)118 2065428

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

Limited and Broker

Callum Stewart

Ashton Clanfield

Simon Mensley

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

Richard Crichton

Ross Allister

Vigo Investor Relations +44 (0) 20 7830 9700

Adviser

Patrick d'Ancona

Chris McMahon

About Wentworth Resources

Wentworth Resources is a publicly traded (OSE: WEN, AIM: WEN), 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.