Wentworth Resources Ltd Wentworth Resources Limited : Shareholder Update And Conference Call
August 01 2018 - 1:01AM
UK Regulatory
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 wentworth@fticonsulting.com. 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 +47 23500243
UK (toll-free) 0800 358 9473
UK +44 333 300 0804
Participant Pin: 54691872#
-Ends-
Enquiries: Bob McBean,
Wentworth Executive Chairman rpm@wentworthresources.com
Eskil Jersing, eskil.jersing@wentworthresources.com
Chief Executive Officer +44 7717 847623
Katherine Roe, katherine.roe@wentworthresources.com
Chief Financial Officer +44 7841 087 230
AIM Nominated Adviser and Broker (UK)
Stifel Nicolaus Callum Stewart
Europe Limited Ashton Clanfield +44 (0) 20 7710 7600
GMP FirstEnergy Broker (UK) +44 (0) 20 7448 0200
Hugh Sanderson
Jonathan Wright
Peel Hunt LLP Broker (UK) +44 (0) 20 7418 8900
Richard Crichton
Ross Allister
FTI Consulting Communications Adviser (UK) wentworth@fticonsulting.com
Sara Powell +44 (0) 20 3727 1000
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)
Copyright (c) 2018 Dow Jones & Company, Inc.
Wentworth Resources (LSE:WEN)
Historical Stock Chart
From Apr 2024 to May 2024
Wentworth Resources (LSE:WEN)
Historical Stock Chart
From May 2023 to May 2024