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Thali Licence Farm-out and NJOM-3 Well Drilling Project

Sector: Raw Materials • Location: Cameroon and Namibia

Source: Proactive financial news

Project
Planned

Tower Resources is advancing its oil and gas projects in Cameroon and Namibia. The company is awaiting farm-out approvals for the Thali licence in Cameroon and PEL96 in Namibia, which will allow Prime Global Energies to acquire stakes in these licences. The company aims to drill the NJOM-3 well in Cameroon in the third quarter of 2026, subject to rig availability.

Status
Prospective
Sector
Raw Materials, Oil and Gas, Bridge
Location
Cameroon and Namibia
Updated
22 Jul 2026
Source
Proactive financial news

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Project Information

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The project “Thali Licence Farm-out and NJOM-3 Well Drilling Project” is an infrastructure initiative in the Raw Materials sector, located in Cameroon and Namibia. Taiyo aggregates data on it from Proactive financial news.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Tower Resources is advancing its oil and gas projects in Cameroon and Namibia. The company is awaiting farm-out approvals for the Thali licence in Cameroon and PEL96 in Namibia, which will allow Prime Global Energies to acquire stakes in these licences. The company aims to drill the NJOM-3 well in Cameroon in the third quarter of 2026, subject to rig availability.

Original sector

Energy

Budget

Location

Country

Cameroon and Namibia

Source

Source

Proactive financial news

URL

More Details

Record type

Project

Sector

Raw Materials, Oil and Gas, Bridge

Article published date

2026-03-19

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