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Uganda - Project Update

14 May 2009 07:00

RNS Number : 2186S
Tower Resources PLC
14 May 2009
 



PRESS RELEASE

14 May 2009

Uganda - Drilling Project Update

Tower Resources plc  ("Tower") (AIM:TRP) is pleased to confirm that the MBU-125 drilling rig imported from Southern Sudan for the Iti-1 well is on site and is being rigged up.

The road conditions and procedures in Southern Sudan for exporting the rig and camp in three convoys have proven to be challenging but the challenge is being met. An additional two convoys containing the balance of the camp, drill pipe and other peripheral drilling equipment will be loaded and en route to the site early next week.   

Tower now anticipates the commencement of drilling to be on or shortly after 25th May. A further announcement will be made once drilling begins.

Contacts:

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

 

 

Fox Davis Capital (Joint Broker)

 

David Porak-Wilczynski / Oliver Stansfield

020 7936 5230

 

 

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
 
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