Tower Resources plc (the “Company” or “Tower” (TRP.L, TRP LN)), the AIM-listed oil and gas company with its focus on Africa, is pleased to provide the following operational update on its work on the Thali licence in Cameroon, conducted through its wholly-owned subsidiary Tower Resources Cameroon SA.
The Geoquip Marine survey vessel MV Investigator completed its survey at the NJOM-3 well site on the Thali block offshore Cameroon on Friday 7 February 2020, drilling three boreholes to a depth of 80m with alternating sampling and PCPT (piezocone penetration tests). Although the analysis of the data will take some weeks, the Company’s initial view is that the data from the three boreholes are consistent and in line with pre-survey expectations.
Market Abuse Regulation (MAR) Disclosure
Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.
All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned