IN 201425 Apr 2017 10:14
The well emphasises the risk of exploration and the wisdom of having moved to diversify our portfolio,” said Graeme Thomson, Tower Resources CEO. “We expect much activity in the coming months on and in the areas surrounding our assets. In South Africa we await the new 3-D on our Algoa-Gamtoos block and Total is scheduled to be drilling its Brulpadda-1 well on the adjacent block shortly. Planning for our year-end Badada-1 well on Block 2B onshore Kenya is underway and regional activity is rising. Our projects in Zambia, SW Orange Basin SA, Cameroon, Ethiopia and elsewhere are gaining momentum."
Unfortunately, Mr Thomson couldn't find oil in a motor accessories ship.