Tower Resources shares rise on updated Thali reserves report
13th Mar 2020 15:05
(Sharecast News) - Africa-focussed oil and gas company Tower Resources has received an updated independent reserves report from Oilfield International (OIL) on behalf of its wholly-owned subsidiary Tower Resources Cameroon, it announced on Friday, covering its Thali production sharing contract, offshore Cameroon.
Read moreTower Resources agrees Thali farm-out with OilLR
2nd Mar 2020 15:58
(Sharecast News) - Africa-focussed oil and gas company Tower Resources has executed binding heads of terms over a farm-out to OilLR of a 24.5% working interest in its Thali production sharing contract in Cameroon, it announced on Monday.
Read moreTower Resources planning next steps at Thali
19th Feb 2020 10:07
(Sharecast News) - Africa-focussed oil and gas company Tower Resources updated the market on the Thali licence in Cameroon on Wednesday, reporting that it was presently preparing plans for drilling for NJOM-3 well, now that the site survey was complete.
Read moreTower Resources gets extension on exploration at Thali
15th Jan 2020 09:18
(Sharecast News) - Africa-focussed oil and gas company Tower Resources updated the market on its work on the Thali licence in Cameroon, conducted through its wholly-owned subsidiary Tower Resources Cameroon, on Wednesday.
Read moreTower Resources signs deal to conduct Thali site survey
1st Nov 2019 11:55
(Sharecast News) - Africa-focussed oil and gas company Tower Resources updated the market on its operations on the Thali block in Cameroon on Friday, reporting that along with its subsidiary Tower Resources Cameroon, it has signed a contract with Geoquip Marine Operations to conduct a site survey at the intended NJOM-3 well location on the license.
Read moreTower Resources in talks with oil major over Namibia blocks
3rd Oct 2019 10:42
(Sharecast News) - Africa-focussed oil and gas company Tower Resources updated the market on the latest activity on blocks 1910A, 1911 and 1912B in Namibia on Thursday.
Read moreTower Resources seeking to extend bridging loan facility
1st Oct 2019 15:11
(Sharecast News) - Africa-focussed oil and gas company Tower Resources updated the market on its bridging loan facility of $0.75m on Tuesday, which it had first announced on 16 April.
Read moreTower Resources looking at financing options for Thali drilling
21st Jun 2019 09:35
(Sharecast News) - Africa-focussed oil and gas company Tower Resources updated the market on the financing of its Cameroon operation, and announced its intention to raise gross proceeds of around £0.15m through a subscription of approximately 15 million new ordinary shares at a price of 1p each on Friday.
Read moreTower Resources flags slight delay to drilling on NJOM3
8th May 2019 13:49
(Sharecast News) - Africa-focussed oil and gas company Tower Resources updated the market on operations on the Thali block in Cameroon on Wednesday, reiterating that it was in the final stages of planning the NJOM3 well, which would be drilled to a total depth of 1,100 metres.
Read moreTower Resources signs contract for jack-up rig in Cameroon
7th Dec 2018 08:43
(Sharecast News) - Africa-focussed oil and gas company Tower Resources announced on Friday that its wholly-owned subsidiary, Tower Resources Cameroon, has signed a contract with Vantage Drilling International for the Topaz Driller jack-up rig to provide drilling operations for the NJOM-3 well.
Read moreTower Resources moving forward after Thali reserves report
1st Nov 2018 09:18
(Sharecast News) - Africa-focussed oil and gas company Tower Resources announced the results of an independent reserves report on Thursday, across its Thali licence, offshore Cameroon, in which it held a 100% licence interest.
Read moreTower Resources and operator seek farm-out partner at Algoa-Gamtoos
21st Sep 2018 11:28
(Sharecast News) - Africa-focussed oil and gas company Tower Resources updated the market on its Algoa-Gamtoos licence in South Africa, in which it holds a 50% interest through its wholly-owned subsidiary Rift Petroleum, together with the operator New Age Energy Algoa, on Friday.
Read moreTower Resources makes solid progress on Thali licence
20th Aug 2018 13:09
(Sharecast News) - Africa-focussed oil and gas company Tower Resources updated the market on its operations at the Thali licence in Cameroon, conducted through its wholly-owned subsidiary Tower Resources Cameroon, on Monday, confirming that it has completed its environmental and social impact assessment (ESIA).
Read moreTower Resources offloads interests in disputed Western Sahara
24th Jan 2017 11:47
(ShareCast News) - Africa-focused oil and gas exploration company Tower Resources announced the completion of the sale of its wholly owned subsidiary, Comet Petroleum, to privately held oil and gas exploration company Red Rio Petroleum on Tuesday. The AIM-traded firm said Red Rio is purchasing Comet
Read moreTower Resources raises £1m in placing
8th Sep 2016 08:37
(ShareCast News) - Africa-focused oil and gas exploration company Tower Resources announced on Thursday that it has successfully placed 45,919,084 new ordinary shares, and raised gross proceeds totaling £1.03m at a placing price of 2.25p per share. The AIM-traded firm said that as part of the placin
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