Tower Resources Share Discussion Threads

[tanboy1950] 17/10/2022 16:27

Just Watched A Video Of Asher Talking About Cameroon.., Total... Gave It Up As A Dud, Asher Is Spending Big Money Drilling A Dud. Get Out On The Next Spike

[maqsood7] 17/10/2022 15:05

According to last update,finance news is due now.We seen a nice 50% spike last time and actual news will make bigger difference here.imoThey were saying that there are actually two banks were ready to lend, so maybe done deal and just need to finalise it? Door, news is expected on many fronts here.

[iammrweald] 17/10/2022 13:55

But a certain poster will name every support vessel,rig and lifeboat off the African coasts.maybe someone should throw him a lifeboat to store all his shares in? Transformational!

[mr hangman] 17/10/2022 13:26

LOL, what would you like to know Tanboy ?

If you have 5 minutes I can talk you though the dusters, the placings might take a few days

[tanboy1950] 17/10/2022 12:31

Trp Established in 2004 18Years Ago 6 Staff.. Started At 68p. Now Down To Almost Zero.. Oil Produced Zero, Someone Please Help Me Out

[felix0007] 17/10/2022 12:03

Very slow today...

[moneymunch] 17/10/2022 07:34

Cheers Felix, this was Exxon's take back in April 2022, and were trying to analise whether there were viable prospects in their Namibian offshore acerage, we know Tower's acerage is awash with similar source rocks and potential multi-billion barrel structures, features and traps that correlate with Totalenergies and Shell's giant discoveries in the Orange Basin, and so maybe highly significant that Exxon are presenting in this weeks conference. Gl ;-)


AEC: ExxonMobil is planning to expand its operations in Namibia. Can you tell us more about what you are doing and what we can expect?

TI: ExxonMobil is kind of behind. It is still early in the game in terms of exploration and it is not clear where ExxonMobil is moving towards in terms of drilling. We are still in the very early stages of analysis in trying to figure out whether there are viable prospects or not. The discoveries made by Shell and TotalEnergies make it more exciting, and make Namibia a more viable space to explore. We hope the government will be more understanding in terms of the time we need to keep on analysing. We hope by the time we might need to ask the government for more time to continue with our analysis, they will work with us. We do want to continue exploring but we just need more time.

[felix0007] 17/10/2022 07:17

thanks for the info MM and fingers crossed all for some news this week...

[moneymunch] 15/10/2022 18:43

NAMCOR, Qatar Energy Sign Cooperation Agreement


Posted March 7, 2022

Qatar Energy and NAMCOR will co-develop a sustainable upstream oil and gas sector, increase exploration activities, improve production infrastructure development and up-skill the workforce in line with changing business models within the oil and gas sector across Namibia.

The two firms will also collaborate to create new investment opportunities across the oil and gas value chain.

[moneymunch] 15/10/2022 18:39

Qatar Energy could be a very likely JV for Tower's offshore Namibian acerage ( the third largest ) and one of the few still in the hands of a small cap independent. Qatar are now in partnership with Namcor and are very keen to expedite the appraisal and production of the two huge discoveries by TotalEnergies and Shell in the Orange Basin, which makes Qatar the largest international shareholder as they have interests in both discoveries. Qatar are investing heavily in all things offshore Namibia and so no surprise they would be looking at other opportunities that offer similar geology and mult-billion barrel potential...Watch this Space. Gla Holders...:-)

[moneymunch] 15/10/2022 18:38

Let's hope Exxon starts drilling the Walvis Basin soon, and even better, let's hope Exxon or another Major views Tower's acerage more attractive given it has so many similar geographical features to Totalenergies and Shell's giant discoveries in the Orange Basin....Tower's acerage has the same source rocks and is awash with multiple potential multi-billion barrel features, Structures and traps. Gl :-)

[moneymunch] 15/10/2022 14:11

Interesting that Exxon are presenting, much of their offshore Namibian acerage lies adjacent to Tower's, and so any immediate plans to start drilling will be highly significant for Tower. Gla ;-)

20 October 2022


Invest in Namibia: Hosted by

Opening Keynote Speech -Hon. Tom Alweendo, is the Minister of Mines and Energy in
the Republic of Namibia

Presentation - Investment Opportunities in Energy by Ms Nangula Uaandja, CEO,
Namibian Investment Promotion Development Board

With major oil and gas discoveries in early 2022, Namibia is the most recent trailblazer amongst Africa’s frontier energy hotspots, but its opportunities hardly stop there. Witha government centered on developing its hydrogen and renewable assets, Namibia offers one of the most diversified outlooks on the continent for the development of its energy industry.

- Investment opportunities in Namibia
- An attractive and business minded regulatory framework
- Giant oil and gas discoveries made by Shell and TotalEnergies drive offshore development interest

Moderator: Hilda Basson-Namundjebo, Namibian Entrepeneur
Speakers:

- Shakwa Nyambe, Director, Association of international Petroleum Negotiators (AIPN) African Chapter ; Managing Partner SNC Incorporated
- Immanuel Mulunga, Managing Director, NAMCOR
-Kahenge Haulofu, Managing Director, Nampower
-James Mnyupe, Green Hydrogen Commissioner
- Scot Evans, CEO, ReconAfrica
- Gil Holzman, Founder and CEO, Eco Atlantic
- Klaus Endersen, General Manager, BW Kudu
- Ejike Egbuagu, CEO, Moneda Invest Africa
- Eric Williams, President & Principal Consultant, Royal Triangle Energy Solutions
- Francois van Schalkwyk , Executive Director, NIPDB
- Maggy Shino, Petroleum Commissioner Ministry of Mines and Energy, Namibia
- Paul Mcdade, CEO, Afentra
-Pinehas Mutota, General Manager Economic Regulation, Electricity Control Board of Namibia,

Oil & Gas in Namibia - hosted by Presentation by Namcor

Presentation by Bridget Venner, Namibia Lead Country Manager, ExxonMobil

Presentation by Klaus Endersen, General Manager, BW Kudu

[barneygumble27] 14/10/2022 16:28

News next week on banks financing and 1p plus, here's hoping anyway.

[sheepshagger1] 14/10/2022 11:43

1p soon once finance announced

[nestoframpers] 14/10/2022 11:00

About 250 mill bought on Monday 3rd that is £600 K odd spent ! seems a bit bent to me as on the 30th it was 45 Mn and the 4th 50 Mn ? dump and dump attempt or some in the know taking the low hanging fruit?

[mr hangman] 14/10/2022 08:04

Well if the buying starts, it certainly won't be anything to do with Cameroon

[gasman19] 13/10/2022 22:45

I suspect plenty of investors will
be piling in here over the next few sessions before price goes ballistic. Think news could land by next week or 2.

[mr hangman] 13/10/2022 21:06

Dipper & C&P are back

[moneymunch] 13/10/2022 20:33

JA has a presentation in Cape Town next week and had a presentation last week in Cape Town, and so plenty of time in between to get loan/ finance and funding sorted for Cameroon, and every chance of a JV for Namibia as well as their SA acerage....Qatar Energy and Namcor for Namibia could be highly likely, and TotalEnergies for their SA acerage which straddles TotalEnergies two huge gas discoveries which are in the process of being granted a production licence by the SA Government....Gla holders...plenty of game changing news at anytime...a Multi-bag in a blink....Coming soon!!! ;-)

[sheepshagger1] 13/10/2022 19:34

sudden buying as at current prices the shares are cheap as chips with huge upside

[barneygumble27] 13/10/2022 18:51

If there NEWS tomorrow then people must have got he heads up today what with the sudden buying .

[sheepshagger1] 13/10/2022 16:40

Not long now boys and girls till 1p

[wolfcub] 13/10/2022 16:35

But if positive movement today - news hopefully tomorrow or next week 👊

[tanboy1950] 13/10/2022 14:05

Please Asher Prove Me Wrong...

[moneymunch] 13/10/2022 11:35

Game changing news at anytime...C'mon JA, prove all the doubters wrong!!! Gla Holders :-)