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01/21/09
Uganda - EIA approval for Iti-1 well
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Category: General
Neptune Petroleum (Uganda) Limited ('Neptune')- Environmental Impact Assessment
Tower Resources plc, (AIM: TRP), the oil and gas exploration company with interests in sub-Saharan Africa, principally in Uganda and Namibia, announces that the National Environment Management Authority ('NEMA') of the Government of Uganda has given approval to the Environmental Impact Assessment for Iti-1 the Company's first well to be drilled in Exploration Area 5 ('EA5'), Uganda. This Consent allows Neptune to proceed with preparing the drilling site in advance of receiving a drilling rig.
Peter Kingston, Executive Chairman of Tower Resources, said:
'The approval of the Environmental Impact Assessment is a further milestone in maintaining the momentum of the upcoming drilling programme in Uganda.'