"Tower has submitted a proposal to the Namibian Ministry of Mines and Energy (“MME”) for new licences covering the former PEL0010 acreage and other areas. It has also entered a Heads of Agreement with NAMCOR, the state oil company, who will partner Tower in these new ventures offshore. The Company has recently attended the first set of negotiations with the MME relating to these applications and we hope to be able to update shareholders in due… Read More
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