StockMarketWire.com - Tower Resources said it had hired Geoquip Marine Operations to conduct a site survey of a planned well location at its Thali block in Cameroon.

The contract provided for investigator to arrive in Cameroon between 15 November and 30 December, subject to all relevant permits and the requisite license extension being received from the Ministry of Mines, Industry and Technological Development,

The work would comprise three boreholes, each with cone penetration testing, and was a necessary prerequisite to drilling the NJOM-3 well.

The cost of the survey was in line with the budget previously anticipated, and the time required for the work is around seven-to-10 days on site, plus any off-site testing and report preparation.

'We are looking forward to getting the site survey underway, which should be the final operational step before commencing drilling operations at Njonji,' chief executive Jeremy Asher said.

'We are still awaiting the formal extension from the ministry, but we are confident that this will be in place in good time for the survey.'




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