CAMEROON/ NAMIBIA: Tower Resources Reports Farm-out in its Thali license and offshore PEL96

Tower Resources announces that it has executed two farm-out agreements and associated documentation with Prime Global Energies Limited for minority, non-operated interests in its Thali license, offshore Cameroon, and PEL96 offshore Namibia. … Read More

CAMEROON: Tower Resources Receives Extension of Period of Thali License

Tower Resources has received formal notification from the Minister of Mines, Industry and Technological Development in Cameroon (MINMIDT) of the extension of the First Exploration Period of the Thali production-sharing contract to … Read More

CAMEROON: Tower Resources Provides Update on its its Thali Production Sharing Contract

Highlights: ·    Applied for a one-year extension of the initial exploration period of the PSC, following positive discussions with the Minister of Mines, Industry and Technological Development and (MINMIDT) and the Prime … Read More

CAMEROON: Tower Resources Completes Thali PSC Farm-out to Beluga Energy

Tower Resources has executed a binding Heads of Agreement (HoA) in respect of a farm-out to Beluga Energy Limited (Beluga) of a 49% non-operating working interest in its Thali Production … Read More

CAMEROON: Tower Resources Granted Further Extension of the First Exploration Period of the Thali PSC

The Government of the Republic of Cameroon has notified TRCSA that the President of the Republic has approved a further extension of the First Exploration Period of the PSC, and the Company … Read More

South Africa: Tower Resources Provides Updated Resource Estimates from Algoa-Gamtoos license

Tower Resources plc has announced that its subsidiary Rift Petroleum Ltd  has received updated resource estimates from its 50% partner and license Operator, New Age Energy Algoa (Pty) Ltd (New … Read More