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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]