AndhraNews.net
Home » Business News » 2013 » October » October 7, 2013

Wentworth Resources Limited : Appointment of Investec as Joint Broker


October 7, 2013 - London

 

PRESS RELEASE    

Appointment of Investec as Joint Broker

Wentworth Resources Limited ("Wentworth" or the "Company"), the Oslo Stock Exchange and London Stock Exchange (AIM market) listed oil and gas exploration and production company (OSE: WRL/ AIM: WRL.L), announces that it has today appointed Investec Bank as Joint Broker with immediate effect.

Enquiries:

Wentworth Geoff Bury, Managing Director gpb@wentworthresources.com
Eric Fore, Finance & Investor
Relations Manager
etf@wentworthresources.com
+971 (0) 50 458 0422
Panmure Gordon AIM NOMAD and Broker +44 (0) 20 7886 2500
Callum Stewart
Adam James
Charlie Leigh-Pemberton
Investec Joint Broker +44 (0) 20 7597 4000
Ben Colegrave
Chris Sim
FirstEnergy Capital Joint Broker +44 (0) 20 7448 0200
Majid Shafiq
Travis Inlow
College Hill Investor Relations Adviser +44 (0) 20 7457 2020
Catherine Wickman
Alexandra Roper
Crux Kommunikasjon Investor Relations Adviser +47 (0) 995 138 91
Jan Petter Stiff
Fredrik Eeg

About Wentworth Resources

Wentworth Resources is a publicly traded (OSE:WRL, AIM:WRL), independent oil & gas company with:  natural gas production; midstream assets; a committed exploration and appraisal drilling programme; and large-scale gas monetisation opportunities, all in the Rovuma Delta Basin of coastal southern Tanzania and northern Mozambique.

FORWARD LOOKING STATEMENTS

This press release may contain certain forward-looking information.  The words "expect", "anticipate", "believe", "estimate", "may", "will", "should", "intend", "forecast", "plan", and similar expressions are used to identify forward looking information.

The forward-looking statements contained in this press release are based on management's beliefs, estimates and opinions on the date the statements are made in light of management's experience, current conditions and expected future development in the areas in which Wentworth is currently active and other factors management believes are appropriate in the circumstances. Wentworth undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless required by applicable law.

Readers are cautioned not to place undue reliance on forward-looking information. By their nature, forward-looking statements are subject to numerous assumptions, risks and uncertainties that contribute to the possibility that the predicted outcome will not occur, including some of which are beyond Wentworth's control.  These assumptions and risks include, but are not limited to: the risks associated with the oil and gas industry in general such as operational risks in exploration, development and production, delays or changes in plans with respect to exploration or development projects or capital expenditures, the imprecision of resource and reserve estimates, assumptions regarding the timing and costs relating to production and development as well as the availability and price of labour and equipment, volatility of and assumptions regarding commodity prices and exchange rates, marketing and transportation risks, environmental risks, competition, the ability to access sufficient capital from internal and external sources and changes in applicable law.  Additionally, there are economic, political, social and other risks inherent in carrying on business in Tanzania and Mozambique. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events could vary or differ materially from those anticipated in such statements. See Wentworth's Management's Discussion and Analysis for the year ended December 31, 2012, available on Wentworth's website, for further description of the risks and uncertainties associated with Wentworth's business.

NOTICE

Neither the Oslo Stock Exchange nor the AIM Market of the London Stock Exchange has reviewed this press release and neither accepts responsibility for the adequacy or accuracy of this press release.

ENDS

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
2013 10 07 Press Release



This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Wentworth Resources Limited via Thomson Reuters ONE

HUG#1733856

GlobeNewswire

Comment on this story

Share