Uganda - EIA Approval Receive

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

 

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