Tower Resources plc




Oil & Gas Exploration and Production

Market Closed - London S.E. 11:35:21 2024-07-22 am EDT 5-day change 1st Jan Change
0.013 GBX +8.33% Intraday chart for Tower Resources plc +8.33% -40.91%
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Tower Resources Issues Shares to Fund Working Capital Needs MT
EARNINGS AND TRADING: Brookfield mulls cash bid for Tritax EuroBox AN
Tower Resources plc Reports Earnings Results for the Full Year Ended December 31, 2023 CI
Tower Resources Selects Five Targets for the Initial Phase of Drilling on its Rabbit North Property MT
Tower Resources plc Provides Cameroon Rig Update CI
Diversified Energy offers dividend alternative AN
Tower Resources Plans Fundraising to Repay Energy Exploration Capital Partners Facility MT
Seeing Machines revenue grows; Baron Oil strikes deal AN
Tower Resources Receives Extension for Cameroon License MT
Tower Resources Issues Shares to Energy Exploration Capital MT
Tower Resources to Raise Funds for Oil Exploration Programs; Shares Drop MT
Tower Resources Inks Rig Contract With Borr Drilling MT
Tower Resources to Issue New Shares to Energy Exploration Capital Partners MT
Tower Resources to issue 317.6 million shares to placee AN
Tower Resources to Issue Shares on Investment Deed with Energy Exploration Capital Partners MT
EARNINGS: Beacon Energy and Kefi Gold & Copper losses widen AN
Tower Resources plc Reports Earnings Results for the Half Year Ended June 30, 2023 CI
Pendragon Chief Operating Officer Martin Casha to resign AN
Tower Resources Plans Flow-Through Financing; Down 7.7% MT
Tower Resources plc Auditor Raises 'Going Concern' Doubt CI
Jangada Mines notes Blencowe's completion of test work AN
Tower Resources swings to a loss with numerous headwinds AN
Tower Resources plc Reports Earnings Results for the Full Year Ended December 31, 2022 CI
Tower Resources hails basin modelling results in Namibia AN
Tower Resources CEO stake in company falls amid placing AN
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Tower Resources plc is a United Kingdom-based independent oil and gas company. The Company operates oil and gas licenses with a focus on projects in Africa. The Company has operations in Cameroon, Namibia, South Africa, and Western Sahara. The Company, through its wholly owned subsidiary, holds 100% interest in the shallow-water Thali Production Sharing Contract (PSC) in the Rio del Rey basin, offshore Cameroon. The Thali PSC covers an area of approximately 119.2 square kilometers (km2), with water depths ranging from eight to 48 meters, and lies in the prolific Rio del Rey basin, in the eastern part of the Niger Delta. Through its wholly owned subsidiary, Tower Resources (Namibia) Limited, it has an 80% interest in Blocks 1910A, 1911 and 1912B. The blocks cover 23,297 km2 of the northern Walvis Basin and Dolphin Graben (offshore Namibia). The Company also holds a 50% interest in the Algoa-Gamtoos license offshore South Africa. The Algoa-Gamtoos license covers approximately 9,369 km2.
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Mean consensus
Number of Analysts
Last Close Price
0.00013 GBP
Average target price
0.0012 GBP
Spread / Average Target

Annual profits - Rate of surprise

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