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Today's Oil and Gas Update - Tower Resources

Published: 08:34 09 Nov 2017 GMT

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Headlines
• In Brief:
o Tower Resources*** (LON::TRP– 1.05p) – Cameroon Refocus


In Brief
• Tower Resources***

– Cameroon Refocus: Today’s funding provides the Company with the resources to progress its Cameroonian Thali appraisal asset to a drill ready position. The management now need to focus on getting it to that position in the best possible financial shape, which means focusing on driving down costs and achieving best value for shareholders. The next update from the Company must be a clearly articulated forward plan, attendant with milestones on how it will achieve that goal.

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