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Tower Resources Provides Uganda Update


Published Jul 20, 2009
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Tower Resources - Uganda

Tower provides the following update on activities in Uganda Licence EA5.

A number of specialist external consultants alongside the company's technical team are contributing to a re-evaluation of Exploration Area 5 following the drilling of the Iti-1 well.

This work includes a comprehensive evaluation of the Iti-1 well data; a re-evaluation of all geophysical data; and an update to basin modelling work which is ongoing and is expected to conclude in September.

At that time a comprehensive update will be issued to the market which will include details of the future operational programme.

Tags: Tower Resources plc



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