Uganda - Project Update

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

 

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