Tower Resources

Tower Resources is building an African-based exploration and production group.

News

ID 406824991 © Hryhorii Turik | Dreamstime.com
Namibia map and flag
The farm-in should advance exploration of the offshore acreage in the Walvis Basin.
July 2, 2026
Courtesy Ades Holding
Admarine 510 jackup rig
The timing led to favorable terms compared with other offers submitted by various rig owners to Tower over the past year or so.
June 10, 2025
Courtesy "Tower Resources plc Corporate summary June 2024" presentation
NJOM-3 and Follow-on Wells
Tower Resources has conducted farm-out agreements with Prime Global Energies covering exploration projects offshore Cameroon and Namibia.
Jan. 11, 2025
Tower Resources expects to spud the NJOM-3 appraisal well offshore Cameroon in early 2025, the company said in an operations update.
Oct. 2, 2024

Articles

Courtesy Tower Resources
Dolphin Graben Structural Closures
Namibia’s Ministry of Mines and Energy has agreed to extend the initial exploration period of Tower Resources’ offshore PEL96 through Oct. 31.
Aug. 6, 2024
Courtesy Tower Resources
thali_map
Tower Resources says Borr Drilling has agreed to make its Norve jackup available for a drilling program offshore Cameroon through October.
May 24, 2024
Courtesy Tower Resources
thali_psc
The main obligation during the extended term is to drill a well.
Feb. 8, 2024
Courtesy Borr Drilling LinkedIn
borr_drilling
Tower Resources has executed a contract with Borr Drilling for use of the jackup Norve to drill the NJOM-3 well next year on the Thali license offshore Cameroon in 2024.
Dec. 18, 2023
Courtesy Tower Resources
Depth Structure
Tower Resources has issued a progress report on recent basin modeling studies over the PEL 96 license offshore Namibia.
June 16, 2023
Tower Resources is monitoring the litigation concerning Shell's proposed seismic survey off South Africa due to the potential impact on its own plans for the offshore Algoa-Gamtoos...
Sept. 30, 2022
Photo 124462222 © Tomas Griger | Dreamstime.com
Cameroon
Tower Resources has negotiated a $7.1 million loan from BGFI Bank Group to support its development program offshore Cameroon.
June 30, 2022
Courtesy New Age (African Global Energy) Ltd.
NewAge conducts an IE-4 well test in the Cameroon area.
Tower Resources has issued updates on its exploration activities offshore southern Africa in its latest trading statement.
May 31, 2022
Tower Resources is close to completing a letter of intent with Shelf Drilling for drilling and testing of the NJOM-3 well offshore Cameroon in fourth-quarter 2022.
May 10, 2022
(Courtesy Tower Resources)
Njom3
Tower Resources expects to drill the NJOM-3 well offshore Cameroon during 1Q 2022, depending on rig negotiations.
Sept. 30, 2021

Additional content from Tower Resources

(Courtesy Tower Resources)
Njom3
Tower Resources aims to spud the NJOM-3 well offshore Cameroon in June, following completion of a site survey at the location in the Thali license.
Feb. 19, 2020
Tower Resources has updated its exploration activities in Namibia and Uganda.
May 15, 2008