21 Jan 2009 07:00
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
|
Tower Resources (TRP)