Wentworth Resources Ltd Wentworth Resources Limited : Shareholder Update And Conference Call

 
TIDMWRL 
 
 
   PRESS RELEASE 
 
   1 August 2018 
 
   WENTWORTH RESOURCES LIMITED 
 
   ("Wentworth" or the "Company") 
 
   Shareholder Update and Conference Call 
 
   Wentworth, the Oslo Stock Exchange (OSE: WRL) and AIM (AIM: WRL) listed 
independent, East Africa-focused oil & gas company, will be hosting an 
investor meeting which will be held at the offices of SpareBank 1 
Markets AS, Olav V's Gate 5 - 0161 Oslo, Norway) at 1:00pm CEST / 
12:00pm BST on Wednesday 8 August 2018. 
 
   This meeting will provide investors with an opportunity to meet the 
Company's new CEO Eskil Jersing, Chairman Bob McBean and CFO Katherine 
Roe, and for the Company to answer any questions from Norwegian 
shareholders in regards to the Companies activities and planned 
delisting from the Oslo Stock Exchange.  Representatives from the 
Company's legal counsel, Thommessen AS, and the Company's Registrar, 
Nordea Bank AB, will also be in attendance at the meeting to help assist 
with any queries. 
 
   Ahead of the meeting, the Company has provided some further details for 
Norwegian shareholders regarding the future trading of their shares 
which can be found appended to this announcement and also published on 
the Frequently Asked Questions page under the Investors section of the 
corporate website, later today. 
 
 
 
   Please register your interest to attend by Monday 6 August 2018 by 
emailing the Company at [e-mail].  Those investors, 
who are unable to attend in-person, will be able to dial into the 
meeting and ask questions using the details provided below. If you would 
like to register any questions ahead of the meeting, please send them in 
an email to the address above. 
 
   Dial in details for the shareholder meeting: 
 
 
 
 
Participant dial-in: 
 
Norway (toll-free)           800 621 96 
Norway                     [phone] 
UK (toll-free)            0800 358 9473 
UK                     [phone] 
 
Participant Pin:       54691872# 
 
 
   -Ends- 
 
 
 
 
 
Enquiries:         Bob McBean, 
 Wentworth          Executive Chairman                          [e-mail] 
                   Eskil Jersing,                          [e-mail] 
                    Chief Executive Officer                           [phone] 
                   Katherine Roe,                          [e-mail] 
                    Chief Financial Officer                          [phone] 
 
                   AIM Nominated Adviser and Broker (UK) 
Stifel Nicolaus     Callum Stewart 
 Europe Limited     Ashton Clanfield                                       [phone] 
 
 GMP FirstEnergy    Broker (UK)                             [phone] 
                    Hugh Sanderson 
                    Jonathan Wright 
 
 Peel Hunt LLP      Broker (UK)                             [phone] 
                    Richard Crichton 
                    Ross Allister 
 
 FTI Consulting     Communications Adviser (UK)             [e-mail] 
                    Sara Powell                             [phone] 
                    Molly Stewart 
 
 
   About Wentworth Resources 
 
   Wentworth Resources is a publicly traded (OSE: WRL, AIM: WRL), 
independent oil & gas company with: natural gas production; exploration 
and appraisal opportunities; and large-scale gas monetisation 
initiatives, all in the Rovuma Delta Basin of coastal southern Tanzania 
and northern Mozambique. 
 
   Inside Information 
 
   The information contained within this announcement is deemed by 
Wentworth to constitute inside information as stipulated under the 
Market Abuse Regulation (EU) no. 596/2014 ("MAR"). On the publication of 
this announcement via a Regulatory Information Service ("RIS"), this 
inside information is now considered to be in the public domain. 
 
   Cautionary note regarding 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, 2017, 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. 
 
   This information is subject to the disclosure requirements pursuant to 
section 5-12 of the Norwegian Securities Trading Act. 
 
 
 
   180801 Press Release Shareholder Update: 
http://hugin.info/136496/R/2208405/859055.pdf 
   180801 FAQ: http://hugin.info/136496/R/2208405/859056.pdf 
 
   This announcement is distributed by Nasdaq Corporate Solutions on behalf 
of Nasdaq Corporate Solutions clients. 
 
   The issuer of this announcement warrants that they are solely 
responsible for the content, accuracy and originality of the information 
contained therein. 
 
   Source: Wentworth Resources Limited via Globenewswire 
 
 
  http://www.wentworthresources.com/ 
 

(END) Dow Jones Newswires

August 01, 2018 02:01 ET (06:01 GMT)

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