Wentworth Resources Limited : Appointment of Investec as Joint Broker

Wentworth Resources Limited : Appointment of Investec as Joint Broker

ID: 303176

(Thomson Reuters ONE) -





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(at)wentworthresources.com

  Eric Fore, Finance & Investor etf(at)wentworthresources.com
Relations Manager +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:
http://hugin.info/136496/R/1733856/580611.pdf



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]




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Bereitgestellt von Benutzer: hugin
Datum: 07.10.2013 - 08:01 Uhr
Sprache: Deutsch
News-ID 303176
Anzahl Zeichen: 6196

contact information:
Town:

Calgary, Alberta



Kategorie:

Business News



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