11th Jun 2009 11:33
UPDATE ON ITI-1 DRILLING OPERATIONS
Tower Resources plc ("Tower" or the "Company")
This release is in response to the recent move in the Company's share price.
The Iti-1 well, Tower's first exploration well in Uganda Licence EA5 has reached total depth of 592 meters in basement. Electric logging operations, including wireline formation pressure and fluid sampling are underway and the outcome of the well cannot be determined until the interpretation of this information has been completed. An announcement will be made as soon as clear results have been obtained.
For further information please contact:
Tower Resources plc www.towerresources.co.uk
Peter Kingston, Chairman 07802 804852
Fox Davies Capital
David Poraj-Wilczynski / Oliver Stansfield 020 7936 5230
Blue Oar Securities (NOMAD and Broker)
Andrew Raca /Jerry Keen 020 7448 4400
Aquila Financial Limited (PR) www.aquila-financial.com
Peter Reilly 0118 979 4100
Related Shares:
Tower ResourcesGlobal Petroleum