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TOWER RESOURCES PLC Earnings Release 2015

Nov 13, 2015

7980_rns_2015-11-13_6334cf42-9367-43a6-b67c-dde760b80cfb.html

Earnings Release

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Wentworth Resources Limited : Invitation to Conference Call for Third Quarter 2015 Financial Results

Wentworth Resources Limited : Invitation to Conference Call for Third Quarter 2015 Financial Results

PRESS RELEASE

13 November 2015

WENTWORTH RESOURCES LIMITED

("Wentworth" or "the Company")

Invitation to Conference Call for Third Quarter 2015 Financial Results

Wentworth is scheduled to release its third quarter 2015 Financial Results on

19 November 2015.  A conference call for investors, analysts and other

interested parties will be held the same day at 06:00 MST (Calgary) / 13:00 GMT

(London) / 14:00 CET (Oslo).

A Q&A session will follow the presentation and information on how to submit

questions to management will be given at the beginning of the Q&A session.  To

participate to the management presentation of the results, please dial in 5-10

minutes prior to the to the start time using the numbers and confirmation code

below.

Call in numbers:

United Kingdom:                            +44 (0)20 3364 5381

Canada:                                         +1 416 915 1269

Norway:                                          +47 2350 0486

United States:                                 +1 646 254 3360

International Dial In:                       +44 (0)20 3140 8286

The participants will be asked for their name, company and confirmation code.

The Wentworth Resources confirmation code is: 3707764.

-Ends-

Enquiries:

Wentworth Lance Mierendorf, [email protected]

Chief Financial +1 403 680 8773

Officer

Katherine Roe [email protected]

Head of Investor +44 7841 087 230

Relations &

Corporate

Communications

Swedbank First Broker (Norway) +47 23 23 80 00

Securities

Ove Gusevik

Jarand Lønne

Crux Advisers Investor Relations +47 909 808 48

Adviser

(Norway)

Jan Petter Stiff

Carl Bachke

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

Europe Limited Adviser and Broker

(UK)

Callum Stewart

Ashton Clanfield

FirstEnergy Broker (UK) +44 (0) 20 7448 0200

Capital

Hugh Sanderson

FTI Consulting Investor Relations [email protected]

Adviser (UK) +44 (0) 20 3727 1000

Edward Westropp

Tom Hufton

About Wentworth Resources

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

gas company with: natural gas production; midstream assets; a committed

exploration and appraisal drilling programme; and large-scale gas monetisation

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

northern Mozambique.

Wentworth holds a 31.94% participation interest in production operations and a

39.925% participation interest in exploration operations of the Mnazi Bay

Concession. M&P is operator and holds a 48.06% participation interest in

production operations and 60.075% participation interest in exploration

operations with Tanzania Petroleum Development Corporation ("TPDC") holding the

remaining 20% participation interest in production operations.

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, 2014,

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 to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1966569]