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Tower Resources: new Namibia petroleum agreement

The company has announced that Tower Resources (Namibia) Limited, a wholly owned subsidiary of Tower, has signed a new Petroleum Agreement with the Government of the Republic of Namibia covering an 80% operated interest in blocks 1910A, 1911 and 1912B, offshore Namibia, together with the National Petroleum Corporation of Namibia (10%) and ZM Fourteen Investment CC (10%).