Tower Resources PLC
06 May 2008
PRESS RELEASE
6 May 2008
Tower Resources Plc
(the 'Company')
Tanzania - Licence Award
Tower Resources plc is pleased to announce that the Company has been successful
in an application for an Exploration Licence covering Lakes Eyasi, Wembere,
Natron and Manyara in the north east of Tanzania.
The award of the licence is subject to agreement of final terms and completion
of a production sharing agreement.
Peter Kingston, Tower Resources' Executive Chairman, commented:
'This award marks our first entry to Tanzania and complements our existing
exploration interests in Uganda and Namibia.'
For further information, please contact:
Tower Resources plc www.towerresources.co.uk
Peter Kingston, Chairman 07802 804852
Blue Oar Securities
Rhodri Cruwys 020 7448 4400
Aquila Financial Limited www.aquila-financial.com
Peter Reilly 0118 979 4100
Notes to Editors
Tower Resources Plc is an AIM-listed, independent oil and gas exploration
company based in London.
The company is focused on sub-Saharan Africa, holding exploration licences in
Namibia and Uganda through its two operating subsidiaries Neptune Petroleum (
Namibia) Ltd and Neptune Petroleum (Uganda) Ltd.
The company's assets include; blocks 1910A, 1911 and 2011A offshore Namibia and
onshore block 5 in Northern Uganda.
This information is provided by RNS
The company news service from the London Stock Exchange
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