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April 1, 2021
Tower Resources plc (TRP.L, TRP LN), the AIM listed oil and gas company with its focus on Africa, is pleased to announce an update regarding planned operations on the Thali license (the "PSC") in Cameroon held by its subsidiary Tower Resources Cameroon SA ("TRCSA"), and the NJOM-3 well. The Government of the Republic of Cameroon has notified TRCSA that the President of the Republic has approved a further extension of the First Exploration Period of the PSC, and the Company is now awaiting a ...
March 4, 2021
TRADING UPDATES: Futura signs development deal; UKOG gets day in court Thu, 4th Mar 2021 19:32 (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Workspace Group PLC - London-based provider of service offices - Prices its first green bond, a sterling-denominated senior unsecured guaranteed green bond issuance of GBP300 million and for a term of seven years. The bonds will bear interest at a rate o...
February 12, 2021
Tower Resources has announced that it has updated its website to reflect the latest information regarding its 50% share in the Algoa-Gamtoos license in South Africa, as anticipated in its announcement of 8 February 2021.
February 8, 2021
Mon, 8th Feb 2021 10:36 (Alliance News) - Tower Resources PLC on Monday said its subsidiary Rift Petroleum Ltd has received updated resource estimates from its partner and license operator New Age Energy Algoa Ltd for the Algoa-Gamtoos license, offshore South Africa. The Africa-focused oil and gas company said the reprocessing work encompassed 4,500 line kilometres of 2D seismic data, incorporating data already owned by the partners, plus data acquired from the Petroleum Authority of South Afri...
December 31, 2020
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December 17, 2020
Tower Resources plc (TRP.L, TRP LN), the AIM listed oil and gas company with its focus on Africa, is pleased to announce that its subsidiary Rift Petroleum Ltd ("Rift"), together with Operator and 50% partner New Age Energy Algoa (Pty) Ltd ("New Age"), has now formally agreed to enter the Second Exploration Period of the Algoa-Gamtoos license offshore South Africa. The Company also notes the recent announcements from Total S.A. ("Total") and Africa Energy Ltd ("Africa Energy") regarding the ...
December 16, 2020
South Africa: Tower Resources enters Second Exploration Period of the Algoa-Gamtoos license offshore South Africa 16 Dec 2020 Rift Petroleum, together with Operator and 50% partner New Age Energy Algoa, has now formally agreed to enter the Second Exploration Period of the Algoa-Gamtoos license offshore South Africa. The Company also notes the recent announcements from Total and Luiperd-1X well, which has reported a further significant gas condensate discovery in Block 11B/12B (Total 45% an...
December 16, 2020
Dec 16, 2020 1:25:pm Summary by: Joe Murphy Junior partners New Age Energy and Tower Resources have agreed to extend their licence for the Algoa-Gamtoos area off South Africa, taking... Posted in:
December 16, 2020
16 December 2020 | 09:23am StockMarketWire.com - Oil company Tower Resources said it and partner New Age Energy Algoa had agreed to progress to the second exploration phase for the Algoa-Gamtoos license offshore South Africa. The second exploration period would run for two years from 17 November 2020, with a work programme that included a further 300 square kilometres of 3D seismic data acquisition in the license area. Tower Resources also noted that French oil giant Total and Africa Energy had...