RCS - Tower Resources PLC - SP Angel Analyst Interview

Tower ResourcesAnnouncement

21/12/2023 14:15

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RNS Number : 6677X  Tower Resources PLC  21 December 2023

21 December 2023

Tower Resources plc

("Tower" or the "Company")

SP Angel Analyst Interview

 

Tower Resources plc (the "Company" or "Tower" (TRP.L, TRP LN), the AIM-listed
oil and gas company focused on Africa, announces that David Mirzai, Head of
Energy Research at SP Angel, has featured in an interview which discusses
Tower's execution of a contract with Borr Drilling Limited for the hire of the
Norve jack-up rig. The interview offers an overview of the Company and
highlights the significance of this announcement for the progress of Tower's
Thali license, offshore Cameroon, and the drilling of the NJOM-3 well planned
for the summer of 2024.

 

The interview is available to watch here:
https://www.youtube.com/watch?v=LGJPfX7_8Fw
(https://www.youtube.com/watch?v=LGJPfX7_8Fw)

 

Contacts:

 

 Tower Resources plc                  +44 20 7157 9625

 Jeremy Asher

 Chairman & CEO

 Andrew Matharu

 VP - Corporate Affairs

 BlytheRay                            +44 20 7138 3208

 Financial PR

 Tim Blythe

 Megan Ray

 SP Angel Corporate Finance LLP       +44 20 3470 0470

Nominated Adviser and Joint Broker

 Stuart Gledhill

 Kasia Brzozowska

 Axis Capital Markets Limited         +44 203 026 2689

Joint Broker

 Richard Hutchison

 Panmure Gordon (UK) Limited          +44 20 7886 2500

Joint Broker

 John Prior

 Hugh Rich

 

About Tower Resources

Tower Resources plc is an AIM listed energy company building a balanced
portfolio of energy opportunities in Africa across the exploration and
production cycle in oil and gas and beyond. The Company's current focus is on
advancing its operations in Cameroon to deliver cash flow through short-cycle
development and rapid production with long term upside, and de-risking
attractive exploration licenses through acquiring 3D seismic data in the
emerging oil and gas provinces of Namibia and South Africa, where world-class
discoveries have recently been made.

Tower's strategy is centred around stable jurisdictions that the Company knows
well and that offer excellent fiscal terms. Through its Directors, staff and
strategic relationship with EPI Group, Tower has access to decades of
expertise and experience in Cameroon and Namibia, and its joint venture with
New Age builds on years of experience in South Africa.

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