Tower completes seismic survey off Namibia

Neptune Petroleum (Namibia) Ltd., subsidiary of Tower Resources Plc., has completed a 2D seismic data acquisition program over the northwest areas of blocks 1910A, 1911, and 2011A offshore Namibia.

Offshore staff

LONDON –Neptune Petroleum (Namibia) Ltd., subsidiary of Tower Resources Plc., has completed a 2D seismic data acquisition program over the northwest areas of blocks 1910A, 1911, and 2011A offshore Namibia. Following completion of that survey, Neptune agreed on farm-out terms with an unnamed third party. The farm-out is subject to government approval.

Sana Navigation Co. Ltd. deployed theNorthern Explorer to acquire the 700 km (435 mi) of seismic data. That data is undergoing processing and interpretation.

9/5/2007

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