Water Tower Research Publishes Initiation of Coverage Report on Meren Energy, Inc., “West Africa Asset Base Supports Cash Returns with Funded Upside Exposure”
February 10, 2026, ST. PETERSBURG, FL – Water Tower Research (www.watertowerresearch.com) has published an Initiation of Coverage Report on Meren Energy, Inc. (TSX: MER) titled, “West Africa Asset Base Supports Cash Returns with Funded Upside Exposure”. The report can be accessed here. Meren Energy, Inc. is a Canadian oil & gas exploration and production company whose assets are located offshore West Africa. The company's primary listing is on the TSX under the ticker symbol ‘MER'. Meren also trades on the Nasdaq Stockholm exchange under the ‘MER' ticker symbol. On November 3, 2025, the shares began in the US on the OTCQX Best Market under the ticker symbol ‘MRNFF'. Meren's business model exposes stakeholders to three of Nigeria's top five offshore producing oilfields and fully funded long-term reserve and production growth potential in the Orange Basin in deepwater offshore Namibia and South Africa. The Nigeria assets are operated by Chevron and TotalEnergies, while the Orange Basin assets are operated by TotalEnergies.