$15,000,000
Cameroon Thali
Tower Resources plan to drill the NJOM-3 well, seeking $15m financing for the project.
Details
Asset Name
: Cameroon Thali
Ref
: AF-CAM-THAL
Continent
: Africa
Country
: Cameroon
Location
: Offshore
Project Phase
: Appraisal / Development
Latitude
: 4.22
Longitude
: 8.7
License Start
: 2015
Operator
: Tower Resources plc
Other partners
: None
Farmout company
: Tower Resources plc
Mandated Agent
: Envoi Ltd
Work Programmes
: Drilling, Development
Back Costs
: Unknown
Equity Offered
: 40 - 60%
FarmoutAngel Valuation
: $25,000,000 - $50,000,000
FarmoutAngel confidence
: High
Consideration Sought
: $15,000,000