OilVoice - Tower Resources Spuds Avivi-1 Exploration Well in Uganda

Tower Resources Spuds Avivi-1 Exploration Well in Uganda

Monday, February 15, 2010

Tower Resources plc confirms that the Avivi-1 exploration well spud at 14.30 hours (GMT) on 13 February 2010.

The well is being drilled to an estimated depth of 853 metres. Operations are expected to take two to three weeks and a further announcement will be made once drill results have been determined.

The Avivi-1 well has a primary stratigraphic target interval below 702m and a secondary target interval which is immediately above expected basement at a depth of 833m. The higher interval is targeted to encounter high quality fluvial sandstones, similar to those found in the successful wells in licence EA1, adjacent to EA5, but which were absent in the Iti-1 well. The deeper prospective interval may have alluvial sandstones similar to those encountered in the basal reservoir at Iti-1, but of improved quality.