TOWER RESOURCES PLC — Remuneration Information 2018

Dec 5, 2018

Wentworth Resources Plc : Long Term Incentive Plan ("LTIP") Awards

Wentworth Resources Plc : Long Term Incentive Plan ("LTIP") Awards

PRESS RELEASE

5 December 2018

WENTWORTH RESOURCES PLC

("Wentworth" or the "Company")

Long Term Incentive Plan ("LTIP") Awards

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

independent, East Africa-focused oil & gas company, is pleased to make the

following announcement.

On 3 December 2018, the Remuneration Committee of the Company, which consists

solely of Non-Executive Directors, made an award under the Long Term Incentive

Plan ("LTIP") which was approved by shareholders at the 2018 Annual General

Meeting on 27 June 2018.

+-------------+------------------+----------+---------------+------------------+

|Name |Role |LTIP award|Vesting date |Total options|

| | | | |following the|

| | | | |Grant |

+-------------+------------------+----------+---------------+------------------+

|Eskil Jersing|Chief Executive|2,670,226 |2 December 2021|2,670,226 |

| |Officer | | | |

+-------------+------------------+----------+---------------+------------------+

|Katherine Roe|Chief Financial|890,075 |2 December 2021|890,075 |

| |Officer | | | |

+-------------+------------------+----------+---------------+------------------+

The awards are subject to a three-year performance period (the "Performance

Period") followed by a two-year holding period. The awards are further subject

to claw back and malus provisions.

The performance condition for the awards is share price growth over the

Performance Period, with 25% of the award vesting if the Company's share price

at the end of the Performance Period has increased by an 8% compounded annual

growth rate, and 100% of the award vesting if the share price has increased by a

16% compound annual growth rate. Should the share price increase between 8% and

16%, awards will vest on a linear sliding scale between 25% and 100%.

-Ends-

Enquiries:  Bob McBean, rpm@wentworthresources.com

Wentworth Executive Chairman

Eskil Jersing,

Chief Executive eskil.jersing@wentworthresources.com

Officer +44 7717 847623

Katherine Roe, katherine.roe@wentworthresources.com

Chief Financial +44 7841 087 230

Officer

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

Europe Limited Adviser and Broker

(UK)

Callum Stewart

Ashton Clanfield

Simon Mensley

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

Richard Crichton

Ross Allister

Vigo Investor Relations +44 (0) 20 7930 0230

Adviser (UK)

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.