14th May 2009 07:00
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:
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Tower Resources plc |
www.towerresources.co.uk |
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Peter Kingston, Chairman |
07802 804852 |
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Blue Oar Securities (NOMAD and Broker) |
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Jerry Keen/Andrew Raca |
020 7448 4400 |
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Fox Davis Capital (Joint Broker) |
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David Porak-Wilczynski / Oliver Stansfield |
020 7936 5230 |
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Aquila Financial Limited (PR) |
www.aquila-financial.com |
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Peter Reilly |
0118 979 4100 |
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