Ophir Energy is engaged in the development of offshore and deepwater oil and gas exploration assets. Co. has a portfolio of exploration interests across Africa and Asia.
Tower Resources is an oil and gas exploration company Co. is an operator of international licenses with a focus on projects in Africa. Co. has exploration projects in Cameroon, South Africa and Zambia. As of Dec 31 2016, Co. had interests in the following properties: a 50% interest in Algoa-Gamtoos, South Africa; a 100% interest in Thali PSC in the Rio Del Rey basin, offshore Cameroon; and a 100% interest in Block 40 & 41, Zambia. Co. has not yet commenced production.
Victoria Oil & Gas's principal activities are gas exploration, production and distribution in Cameroon. The main activity has been the ongoing development of the Logbaba gas and condensate field to supply gas to Co.'s customers in Douala, Cameroon, and the expansion of the gas pipeline distribution network to reach new customers. Co. has an exploration project in Russia, the 100%-owned West Medvezhye field.
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