Wentworth Resources Limited : Shareholder Update and Conference Call
August 01 2018 - 1:01AM
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:
Wentworth |
Bob
McBean,
Executive Chairman
|
rpm@wentworthresources.com
|
|
Eskil
Jersing,
Chief Executive Officer
|
eskil.jersing@wentworthresources.com
+44 7717 847623
|
|
Katherine
Roe,
Chief Financial Officer
|
katherine.roe@wentworthresources.com
+44 7841 087 230
|
|
|
|
Stifel Nicolaus Europe Limited |
AIM Nominated Adviser and Broker (UK)
Callum Stewart
Ashton Clanfield |
+44 (0)
20 7710 7600 |
GMP FirstEnergy |
Broker (UK)
Hugh Sanderson
Jonathan Wright |
+44 (0) 20 7448 0200 |
Peel Hunt LLP |
Broker (UK)
Richard Crichton
Ross Allister |
+44 (0) 20 7418 8900
|
FTI Consulting |
Communications Adviser (UK)
Sara Powell
Molly Stewart
|
wentworth@fticonsulting.com
+44 (0) 20 3727 1000 |
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
180801 FAQ
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
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