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Tower Res Ord GBP 0.00001P (TRP)

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11-Sep-2019 07:27 AM

Tower Resources books first-half loss as it proves up Africa prospects

Tower Resources posted a first-half loss as it continued to prove up its oil and gas prospects in Africa. Pre-tax losses for the six months through June amounted to $1.6m, compared to losses of $3.4m on-year. Story provided by StockMarketWire.com...
04-Jun-2019 08:15 AM

Tower Resources losses deepen on Zambia impairment charge

Tower Resources booked a deeper annual loss after it wrote down the value of its exploration licences in Zambia. Pre-tax losses for the year through December amounted to $3.8m, compared to losses of $1.6m on-year. Losses before impairment charges amount
30-Nov-2017 08:09 AM

Tower Resources awards 3D seismic contract

Tower Resources, the AIM listed oil and gas company which focuses on Africa, has awarded to DMT Petrologic a contract to reprocess the 3D seismic data over and around Tower's Thali license in Cameroon. The contract, awarded following a competitive t
23-Nov-2017 02:51 PM

Tower Resources changes registered office

Tower Resources has confirmed that the Company's registered address has changed to to 140 Buckingham Palace Road, Westminster, London, SW1W 9SA with immediate effect. At 2:51pm: (LON:TRP) Tower Resources PLC share price was 0p at 0.83p Story p
16-Nov-2017 01:08 PM

Tower issues shares in lieu of fees

Tower Resource has announced that two of its service providers have elected to receive 4,352,919 New Shares in lieu of £43,529.19 of fees accrued during the period leading up to the Company's recent Placing. The Company confirmed that the New
07-Aug-2017 02:06 PM

Tower Resources raises £188k via Open Offer

Tower Resources has confirmed that the Company has raised gross proceeds of approximately £187,890 through the previously announced and oversubscribed Open Offer. Story provided by StockMarketWire.com...
30-Jun-2017 02:08 PM

Tower Resources losses widen

Tower Resources has reported a loss of $23.3m for the year to 31 December 2016, compared to a loss of $9.8m for the previous year. Revenue was nil, as was the case for the previous year. In addition, the Company said it is proposing to place 18,000,000
16-Sep-2015 07:31 AM

Tower Resources signs Thali PSC

Tower Resources confirms the signing of the shallow-water Thali (formerly known as "Dissoni") Production Sharing Contract, offshore Cameroon. Tower's signature of the Thali PSC represents a low cost entry into a mature region with low-risk
23-Feb-2015 07:36 AM

TRP's well

Tower Resources has received formal notification from Lion Petroleum Inc that the Badada-1 well has been drilled to a total depth of 3,500 metres MDBRT and following completion of logging operations will be plugged and abandoned as a dry hole. Sto
18-Feb-2015 02:06 PM

Tower update on Badada-1 well drilling

Tower Resources, the AIM-listed Africa-focussed oil and gas exploration company, has issued an update on drilling operations for the Badada-1 well, Block-2B, onshore Kenya. Tower said it had received formal notification from Lion Petroleum Inc, the whol
04-Feb-2015 02:26 PM

Tower gives update on Kenya well

Tower Resources issued an update on drilling of the Badada-1 well on Block-2B, onshore Kenya. Tower said it had received formal notification from Lion Petroleum Inc, the wholly-owned Kenya-based subsidiary of Taipan Resources Inc and operator of Block-2B
21-Jan-2015 02:49 PM

Tower update on Badada-1 well drilling

Tower Resources, the AIM-listed Africa-focussed oil and gas exploration company, has issued an update on drilling operations for the Badada-1 well, Block-2B, onshore Kenya. Tower says it has received formal notification from Lion Petroleum Inc, the wholl
07-Jan-2015 04:14 PM

Tower notified of spudding of Badada-1 well

Africa-focused Tower Resources has received formal notification from Lion Petroleum, the wholly-owned Kenya-based subsidiary of Taipan Resources Inc, that the GW-190 rig spudded the Badada-1 well, onshore Kenya, at 14:00 GMT today. Lion is operator of Bl
18-Nov-2014 09:06 AM

Tower injunction

Tower Resources noted the announcement yesterday by Taipan Resources regarding the planned Badada-1 well, onshore Kenya. It received formal notice from the High Court of Kenya of a temporary injunction preventing the company from working on the Badada-
03-Sep-2014 09:49 AM

Tower Resources invests with aim of being a pan-African explorer

Tower Resources, the AIM-listed Africa-focussed oil and gas exploration company, showed a loss for the six months to June 30 2014 of $49.1m (H1 2013 loss $2.5m). The Board believes that the Group has prudently made a full provision and accrual for all of
03-Sep-2014 07:14 AM

Tower Resources broadens its portfolio

Story provided by StockMarketWire.com...
13-Jun-2014 07:49 AM

Tower Resources disappointed by Welwitschia-1A drilling

Tower Resources, the AIM-listed, Africa-focussed oil and gas exploration company, through its wholly-owned subsidiary, Neptune Petroleum (Namibia) Limited, provides the following update with respect to the Welwitschia-1A well on PEL0010, offshore Namibia.
04-Jun-2014 12:07 PM

Tower Resources reports drilling restart in Namibia

Tower Resources, the AIM-listed Africa-focussed oil and gas exploration company, has announced that drilling started again this morning at a well in Namibia. Its wholly-owned subsidiary, Neptune Petroleum (Namibia), received notification of this from Rep
21-May-2014 08:13 AM

Tower Resources reports Welwitschia-1 delays

Tower Resources said following the spud of Welwitschia-1 and installation of the 36-inch casing it was observed that the wellhead housing had "slumped". A decision was taken by the JV Partners to plug and abandon the Welwitschia-1 well and re-
24-Apr-2014 07:27 AM

Tower Resources says Welwitschia-1 spudded

Tower Resources said the Rowan Renaissance Drillship spudded the Welwitschia-1 well at 14:40 GMT on 23 April, 2014. Story provided by StockMarketWire.com...
09-Apr-2014 07:45 AM

Tower Resources busy

Tower Resources narrowed its FY pretax loss to $4.4m, from a loss of $11.7m. It booked nil revenue. Most of the losses were attributable to administrative expenses and finance costs. It further announced a placing and subscription to raise £19.3m gross,
24-Mar-2014 08:58 AM

Tower Resources to present at London Mining and Resources Investor Evening on 24th April 2014

Tower Resources Plc (TRP) [LON:TRP] (TRP.L) the independent oil and gas exploration company with a regional focus on sub-Saharan Africa, will be presenting at the Shares Mining and Resources Investor Evening in London on 24th April 2014. The Evening offer
02-Sep-2013 07:58 AM

Tower Res. extends Wilton Petroleum completion

Tower Resources has agreed with the Wilton Petroleum vendors to extend the completion date of the acquisition to Sept. 30. Wilton owns a 20% carried interest in the Marovoay Block-2102, onshore Madagascar. The Block is operated by Ophir Madagascar Limite
25-Jul-2013 08:45 AM

Tower Resources reports narrower H1 loss

Tower Resourcesw booked an improved first-half pretax loss of $2.5 million, from a loss of $9.3 million, and announced a £9 million placing and a £4.1 million open offer. Half-year revenue was nil, unchanged from the prior same period. The proceeds of
22-Jul-2013 07:33 AM

Tower Resources says Murombe-1 to be abandoned

Tower Resources noted the announcement by HRT that it is to plug and abandon the Murombe-1 exploration well, offshore Namibia. "The result of the Murombe-1 well, although disappointing for HRT, offers further evidence of a working source in the Walv
 
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