Wentworth Resources Limited : Tembo-1 Exploration Well Drilling Complete

PRESS RELEASE
29 December 2014

WENTWORTH RESOURCES LIMITED
("Wentworth" or "the Company")

Tembo-1 Exploration Well Drilling Complete

Wentworth, the Oslo Stock Exchange (OSE: WRL) and AIM (AIM: WRL) listed independent, East Africa-focused oil & gas company, announces that drilling operations of the Tembo-1 well have now completed and a Natural Gas discovery has been made in Cretaceous aged sands. The well was drilled to a total depth of 4,553 meters (4,401 meters True Vertical Depth Sub Sea) and reached TD in Jurassic aged sediments.  Petrophysical analysis of the Cretaceous section indicates 11 meters of natural gas net pay.  Natural gas and some condensate was recovered by modular formation dynamics testing ("MDT") confirming the petrophysical analysis.  The Onshore Rovuma Partners do not plan any further evaluation of the Tembo well at this time but will assess all the data recovered from this well to determine the potential commerciality of this discovery.

The Tembo-1 well has been plugged and abandoned and the drilling rig is now being mobilized to the Kifaru-1 well location. It is expected that the Kifaru-1 well, which is approximately 10 kilometers south of Wentworth's Mnazi Bay Concession in Tanzania, will spud in Q1 2015.  This well is targeting Miocene sands, similar to the reservoirs in the Mnazi Bay and Msimbati gas fields, as well as Eocene and Cretaceous sands.

Wentworth holds a 13.64% participation interest in exploration operations and an 11.59% participation interest in development and production operations of the Rovuma Onshore Concession in Mozambique. Anadarko Petroleum Corporation is operator.

Bob McBean, Executive Chairman, commented:

"The Tembo-1 well was an exciting well and has provided additional information about the Rovuma basin.  We look forward to our continued exploration in the Onshore Rovuma Block with the spudding of the Kifaru-1 well. With our imminent gas production in southern Tanzania on track, 2015 should be a transformational year for Wentworth".

-Ends-

About Wentworth Resources

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

Wentworth holds a 13.64% participation interest in exploration operations and an 11.59% participation interest in development and production operations of the Rovuma Onshore Concession in Mozambique. Anadarko Petroleum Corporation is operator.

Gerold Fong, Vice President of Exploration (BSC Geophysics, 1982) who has 31 years of experience in the exploration and production industry, has read and approved the technical disclosure in this regulatory announcement.

Cautionary note regarding 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, 2013, 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 to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.