Tower Resources plc noted that further to the Rig contract announced on 18 December 2023, Borr Drilling Limited, has advised that it has extended its commitment of the Norve jack-up rig to BW Energy to October 2024. The Company still intends to drill the NJOM-3 well with Borr this year and is working with Borr on the timing in light of the situation with BW Energy. The Company will update investors when this process is finalised.