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

SOUTH AFRICA: Tower Resources Enters the Second Exploration Period of the Algoa-Gamtoos license

Tower Resources has announced that its subsidiary Rift Petroleum Ltd, together with Operator and 50% partner New Age Energy Algoa (Pty) Ltd, has now formally agreed to enter the Second … Read More

Tower Resources Provides Update on Thali, PEL 94 Projects

Extension of the initial period of the Exploration Phase of the Thali PSC, offshore Cameroon by one year (from 15 September 2019) for the purposes of completing the NJOM-3 well, … Read More

CAMEROON: Tower Resources Says Heads of Terms with OilLR Pty Ltd Progressing Towards Completion

Tower Resources plc has provided an update regarding the farm-out process in respect of its Thali production-sharing contract (the “PSC”) in Cameroon conducted through its wholly-owned subsidiary Tower Resources Cameroon … Read More