TOWER RESOURCES PLC — Regulatory Filings 2014

Mar 5, 2014

National Storage Mechanism | Additional information

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RNS Number : 5338B

Tower Resources PLC

05 March 2014

5 March 2014

Tower Resources plc

Drillship Arrival in Namibia

Tower Resources plc (the "Company" or "Tower" (TRP.L, TRP LN)), the AIM listed Africa focussed oil and gas exploration company, is pleased to confirm that the Rowan Renaissance drillship arrived, as expected, in Walvis Bay, Namibia, yesterday.

This new build drillship will now undergo the scheduled preparation and final acceptance testing by Repsol, to whom it is being hired on a three year contract. It is still expected to commence its operations for the Welwitschia-1 well, operated by Repsol and in which Tower has a 30% interest, on or around 11 April, with the spud being approximately one week later.

For further information please contact:

*Tower Resources*

Graeme Thomson (CEO)

Andrew Matharu (VP – Corporate Affairs)

+44 20 7253 6639

*Peel Hunt LLP*

(Nominated Adviser and Joint Broker)

Richard Crichton/Charles Batten  +44 20 7418 8900

*GMP Securities Europe LLP (Joint Broker)*

Rob Collins/Liz Williamson

+44 20 7647 2800

*Vigo Communications*

Chris McMahon/ Peter Reilly

+44 20 7016 9570

This information is provided by RNS

The company news service from the London Stock Exchange

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