logo-loader
viewTower Resources PLC

Tower Resources signs contract for site survey ahead of Cameroon drilling

The survey work will comprise three boreholes and is a prerequisite to drilling the NJOM-3 well.

Tower Resources PLC -
MV Investigator will arrive in Cameroon between 15 November and 30 December

Tower Resources PLC (LON:TRP) has signed a contract for a site survey at its intended Njom-3 well location on the Thali licence, offshore Cameroon.  

The survey is the final operational step before drilling starts, said Tower.

MV Investigator will arrive in Cameroon between 15 November and 30 December, subject to permits and the requisite license extension being received from the Ministry of Mines prior to mobilisation. 

The survey work will comprise three boreholes and is a prerequisite to drilling the NJOM-3 well.

Jeremy Asher, chairman and CEO, said: "We are looking forward to getting the site survey underway, which should be the final operational step before commencing drilling operations at Njonji.  

“We are still awaiting the formal extension from the Ministry, but we are confident that this will be in place in good time for the survey."

Quick facts: Tower Resources PLC

Price: 0.375 GBX

AIM:TRP
Market: AIM
Market Cap: £4.14 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Tower Resources PLC named herein, including the promotion by the Company of Tower Resources PLC in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: 'Major oil firm' expresses interest in Tower Resources'...

Tower Resources PLC's (LON:TRP) Jeremy Asher speaks to Proactive London's Andrew Scott after revealing they're advancing partnering efforts - sharing key technical and commercial information with 'a major international oil company'. Asher says they've shared the information to explore the...

on 4/10/19

RNS

Total Voting Rights

1 week, 2 days ago

Holding(s) in Company

1 week, 5 days ago

Holding(s) in Company

2 weeks, 5 days ago

Holding(s) in Company

3 weeks, 4 days ago

Issue of Second Tranche Shares

3 weeks, 5 days ago

Holding(s) in Company

1 month ago

Total Voting Rights

on 31/10/19

2 min read