Tower Resources PLC
LSE:TRP
Tower Resources PLC
Tower Resources Plc engages in exploration and development of oil and gas resources. The firm is an international operator of oil and gas licenses with a focus on projects in Africa. The company has projects in Cameroon, Namibia and South Africa. The company operates through two segments: Africa and Head Office. The company holds a 100% in the shallow-water Thali Production Sharing Contract (PSC) in the Rio del Rey basin, offshore Cameroon through Tower Resources Cameroon SA. The company covers approximately 80% operated interest in Blocks 1910A, 1911 and 1912B through Tower Resources (Namibia) Limited. The company holds approximately 50% interest in the Algoa-Gamtoos license, offshore South Africa through Rift Petroleum Limited.
Tower Resources Plc engages in exploration and development of oil and gas resources. The firm is an international operator of oil and gas licenses with a focus on projects in Africa. The company has projects in Cameroon, Namibia and South Africa. The company operates through two segments: Africa and Head Office. The company holds a 100% in the shallow-water Thali Production Sharing Contract (PSC) in the Rio del Rey basin, offshore Cameroon through Tower Resources Cameroon SA. The company covers approximately 80% operated interest in Blocks 1910A, 1911 and 1912B through Tower Resources (Namibia) Limited. The company holds approximately 50% interest in the Algoa-Gamtoos license, offshore South Africa through Rift Petroleum Limited.
