update on avivi-1 release by trp/gbp in uk

1 March 2010

RNS AIM release


UGANDA - AVIVI-1 COMPLETED AND ABANDONED

Tower Resources plc (AIM: TRP) has advised that it has completed operations on the Avivi-1 exploration well in Uganda Licence EA5. The well was plugged and abandoned and the rig released.

The well, which was drilled to a total depth of 764 metres, did not encounter oil, despite persistent methane gas traces, and tested water from the target reservoir interval using a wireline fluid sampler. Electric logging confirmed the absence of oil and gas.

Enquiries:



Global Petroleum Limited

Shane Cranswick
Tel
+61 8 9322 6322

Email
[email protected]

Astaire Securities Plc (Nominated Adviser and Broker)

William Vandyk
Tel
+44 20 7448 4400