15 Feb 2010 07:40
15 February 2010
RNS AIM release
UGANDA - AVIVI-1 EXPLORATION WELL SPUD
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Tower Resources plc (AIM: TRP) has advised thatΒ the Avivi-1 exploration well spud at 14.30 (GMT) on 13 February 2010.
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The well is being drilled to an estimated depth of 853 metres. Operations are expected to take two to three weeks and a further announcement will be made once drill results have been determined.
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As previously advised, Global Petroleum has elected to maintain its option to earn a 25% interest in EA5 by funding 25% of the cost of the second exploration well.
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Enquiries:
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Global Petroleum Limited |
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Shane Cranswick |
Tel |
+ 61 8 9322 6322 |
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global.info@globalpetroleum.com.au |
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Astaire Securities Plc (Nominated Adviser and Broker) |
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William Vandyk |
Tel |
+44 20 7448 4400 |
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