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TOWER RESOURCES PLC — Environmental & Social Information 2019
Feb 14, 2019
7980_rns_2019-02-14_156b91e5-72af-4eec-9fbc-2fc091ea1294.html
Environmental & Social Information
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Wentworth Resources Plc : Publication of Competent Person's Report and updated Investor Relations presentation
Wentworth Resources Plc : Publication of Competent Person's Report and updated Investor Relations presentation
PRESS RELEASE 14 February 2019
WENTWORTH RESOURCES PLC
("Wentworth" or the "Company")
Publication of Competent Person's Report and updated Investor Relations
presentation
Wentworth, the AIM (AIM: WEN) listed independent, East Africa-focused oil & gas
company, announces it commissioned an RPS Canada Competent Persons Report
("CPR") evaluation of the Company's reserves and resources as at year end 2018.
This CPR is available on the Company's website as of today. In addition is has
published an updated Investor Relations ("IR") presentation, post delisting from
the Oslo Stock exchange on the 13 February 2019.
The CPR document is available on the Company's website,
https://wentplc.com/investors/documents/
The IR presentation is available on the Company's website,
https://wentplc.com/investors/reports-results-and-presentations/
-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 and +44 (0) 20 7710 7600
Limited 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 (AIM: WEN), independent oil & gas
company with natural gas production; exploration and appraisal opportunities in
the Rovuma Delta Basin of coastal southern Tanzania.
Inside Information
This announcement does not contain inside information.
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
The AIM Market of the London Stock Exchange has not reviewed this press release
and does not accept responsibility for the adequacy or accuracy of this press
release.