7 December 2023
Tower Resources plc
("Tower" or the "Company")
SP Angel Analyst Research Report
Tower Resources plc (the "Company" or "Tower" (TRP.L, TRP LN), the AIM-listed oil and gas company focused on Africa, announces that its broker, SP Angel, has released a research report on the Company and its rig-ready status at the Njonji project. The report is available to view under the Research Reports tab on the Company's website at https://www.towerresources.co.uk/investor-relations/downloads/
Contacts:
| Tower Resources plc Jeremy Asher Chairman & CEO
Andrew Matharu VP - Corporate Affairs
| +44 20 7157 9625
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| BlytheRay Financial PR Tim Blythe Megan Ray | +44 20 7138 3208 |
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| SP Angel Corporate Finance LLP Stuart Gledhill Kasia Brzozowska
| +44 20 3470 0470 |
| Axis Capital Markets Limited Richard Hutchison | +44 203 026 2689 |
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| Panmure Gordon (UK) Limited John Prior Hugh Rich
| +44 20 7886 2500 |
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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