Company Announcements

21 December 2023

Tower Resources plc

("Tower" or the "Company")

SP Angel Analyst Interview

Tower Resources plc (the "Company" or "Tower" (TRP.L, TRP LN), the AIM-listed oil and gas company focused on Africa, announces that David Mirzai, Head of Energy Research at SP Angel, has featured in an interview which discusses Tower's execution of a contract with Borr Drilling Limited for the hire of the Norve jack-up rig. The interview offers an overview of the Company and highlights the significance of this announcement for the progress of Tower's Thali license, offshore Cameroon, and the drilling of the NJOM-3 well planned for the summer of 2024.

The interview is available to watch here: https://www.youtube.com/watch?v=LGJPfX7_8Fw

Contacts:

About Tower Resources

Tower Resources plc is an AIM listed energy company building a balanced portfolio of energy opportunities in Africa across the exploration and production cycle in oil and gas and beyond. The Company's current focus is on advancing its operations in Cameroon to deliver cash flow through short-cycle development and rapid production with long term upside, and de-risking attractive exploration licenses through acquiring 3D seismic data in the emerging oil and gas provinces of Namibia and South Africa, where world-class discoveries have recently been made.

Tower's strategy is centred around stable jurisdictions that the Company knows well and that offer excellent fiscal terms. Through its Directors, staff and strategic relationship with EPI Group, Tower has access to decades of expertise and experience in Cameroon and Namibia, and its joint venture with New Age builds on years of experience in South Africa.