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TOWER RESOURCES PLC Share Issue/Capital Change 2015

Jul 1, 2015

7980_rns_2015-07-01_ac9bba3b-87c0-4231-84e1-9e89dc9093f8.html

Share Issue/Capital Change

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Wentworth Resources Limited : Completion of Private Placement and Total Voting Rights

Wentworth Resources Limited : Completion of Private Placement and Total Voting Rights

PRESS RELEASE

1 July 2015

Wentworth Resources Limited

("Wentworth" or the "Company")

Completion of Private Placement and Total Voting Rights

Wentworth is pleased to announce that, further to the announcement made on

Friday, June 26, 2015, the Private Placement has been completed and 15,412,269

new Shares in the Company have been admitted to trading on AIM and the Oslo

Stock Exchange.

The enlarged issued share capital of the Company is now 169,534,969 shares.

This figure may be used by shareholders in the Company as the denominator for

the calculations by which they will determine if they are required to notify

their interest in, or a change to their interest in Wentworth under the

Financial Conduct Authority's Disclosure and Transparency Rules.

-Ends-

Enquiries:

Wentworth Geoffrey Bury, [email protected]

Managing Director +1 403 993 4450

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 Kommunikasjon Investor Relations +47 995 138 91

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

Travis Inlow

FTI Consulting Investor Relations +44 (0) 20 3727 1000

Adviser (UK)

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.

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#1933302]