Wentworth Resources Limited: Notice of Annual and Special Meeting and Posting of 2012 Annual Report

 

 

                                    June 3, 2013

Wentworth Resources Limited

("Wentworth" or the "Company")

Notice of Annual and Special Meeting
and Posting of 2012 Annual Report

The annual and special meeting of common shareholders of Wentworth Resources Limited, will be held on June 25, 2013 at 14:00 (CEST) at Hotel Continental, Stortingsgaten 24/26, Oslo, Norway.

A complete notice and related documents, including the Company's Audited Financial Statements and Management's Discussion and Analysis for the year ended December 31, 2012, have been sent to the Shareholders of Record as of May 24, 2013 and are also available on the Company's website: www.wentworthresources.com/filings.php (http://www.wentworthresources.com/filings.php).

The Board of Directors has determined to fix the number of directors at five, a reduction of one, and, other than the five directors nominated for re-election as set out in the information circular, no other nominees are proposed for election as a director.  Mr Issa Baluch will not be standing for re-election.

Enquiries:

Wentworth		Geoff Bury, Managing Director	[e-mail]
		Eric Fore, Finance & Investor Relations Manager	[e-mail]
Panmure Gordon		Nominated adviser & broker	[phone]
		Callum Stewart Adam James Charlie Leigh-Pemberton
FirstEnergy Capital		Broker	[phone]
		Majid Shafiq Travis Inlow
College Hill		Investor relations adviser	[phone]
		Catherine Wickman Alexandra Roper
Crux Kommunikasjon		Investor relations adviser	[phone]
		Carl Christian Bachke

About Wentworth Resources
Wentworth Resources is a publicly traded (OSE:WRL, AIM:WRL), independent oil & gas company with:  natural gas production; midstream and downstream assets; a committed exploration and appraisal drilling programme; and large-scale gas monetisation programmes, all in the Rovuma Delta Basin of coastal southern Tanzania and northern Mozambique.

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, 2012, 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 of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

2013 Form of Proxy (http://hugin.info/136496/R/1706842/565110.pdf)
2013 Electronic Communications Letter (http://hugin.info/136496/R/1706842/565112.pdf)
2013 Notice of Meeting (http://hugin.info/136496/R/1706842/565109.pdf)
2013 Form of Direction (http://hugin.info/136496/R/1706842/565111.pdf)

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Source: Wentworth Resources Limited via Thomson Reuters ONE

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