Middle East / Africa

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Country summary: Cameroon

energy-pedia opportunities - Cameroon:
Current deals: 5
Licensing articles: 21
Completed deals: 16

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Cameroon - recent news

28 Aug 19
Cameroon: Tower Resources announces Cameroon operational and financing update
Tower Resources has provided an update on operations on the Thali block in Cameroon and on well financing. A Letter of Intent ('LOI') has been signed to use the COSL Seeker rig to drill the NJOM-3 well. In respect of well financing, the Company is continuing farm-out discussions with multiple parties who are currently undertaking due diligence.
30 Jul 19
Cameroon: Tower Resources extends Bridging Loan Facility - continues Cameroon farmout negotiations
Tower Resources has announced an extension of its Bridging Loan Facility of US$750,000. The purpose of the Facility is to cover working capital while the Company seeks to finalise funding arrangements for the drilling of the NJOM3 well on the Thali licence, offshore Cameroon.
29 Jul 19
Cameroon: Victoria Oil & Gas signs term sheet to supply gas to 150MW Douala power station
Victoria Oil & Gas has signed a non-binding term sheet with Aksa Energy to supply up to 25mmsfd of gas to Aksa Energy's planned 150MW power station, to be located in Bekoko, Douala, Cameroon.
08 May 19
Cameroon: Tower Resources announces Cameroon operational update
Tower Resources has provided an update on operations on the Thali block in Cameroon. The Company is in the final stages of planning the NJOM3 well, which will intersect at least three reservoir zones already identified by the NJOM1B and NJOM2 discovery wells drilled on the Njonji structure by the previous operator Total.
16 Apr 19
Cameroon: Tower Resources announces Cameroon operational update
Tower Resources has provided an update on operations on the Thali block, offshore Cameroon, financing and its intention to raise interim finance via a Bridging Loan Facility.

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