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Uganda - EIA Approval Received

21 Jan 2009 07:00

RNS Number : 9625L
Tower Resources PLC
21 January 2009
 



PRESS RELEASE

21 January 2009

Tower Resources plc (or the "Company") 

 

Neptune Petroleum (Uganda) Limited ("Neptune") - Environmental Impact Assessment  

Tower Resources plc, (AIM: TRP), the oil and gas exploration company with interests in sub-Saharan Africa, principally in Uganda and Namibia, announces that the National Environment Management Authority ("NEMA") of the Government of Uganda has given approval to the Environmental Impact Assessment for Iti-1 the Company's first well to be drilled in Exploration Area 5 ("EA5"), Uganda. This Consent allows Neptune to proceed with preparing the drilling site in advance of receiving a drilling rig.

Peter Kingston, Executive Chairman of Tower Resources, said:

'The approval of the Environmental Impact Assessment is a further milestone in maintaining the momentum of the upcoming drilling programme in Uganda.'

Enquiries: 

Tower Resources plc

www.towerresources.co.uk 

Peter Kingston, Chairman

07802 804852

 

Blue Oar Securities, NOMAD and Broker

 

Jerry Keen / Andrew Raca 

020 7448 4400

 

Aquila Financial Limited (PR)

www.aquila-financial.com 

Peter Reilly

0118 979 4100

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCEAKFEADXNEFE
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