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Tower Resources (TRP) Share News

Tower Resources Says Namibia Well Hit By Drilling Delays

21st May 2014 10:20

LONDON (Alliance News) - Tower Resources PLC Wednesday said there has been a delay to its drilling schedule in Namibia, and while it will not have a material financial consequence for the company, it doesn't expect drilling operations to recommence until the end of May. The AIM-listed Afri Read More

UK MORNING BRIEFING: Shares Open Lower Amid Executive Changes

21st May 2014 07:31

LONDON (Alliance News) - UK shares have opened lower Wednesday, following a negative lead from Wall Street and Asia and ahead of the release of central bank meeting minutes in the UK and US. A few interesting executive changes have been announced before the London open Wednesday. <b Read More

Tower Resources Notes Start Of Drilling At Welwitschia-1 Well

24th Apr 2014 12:14

LONDON (Alliance News) - Tower Resources PLC Thursday announced that it has received notification that its drillship has started drilling the Welwitschia-1 well in Namibia. The independent oil and gas exploration company focused on Africa said it received formal notification from Repsol Exp Read More

Tower Resources Says Namibia Drilling Soon To Start

22nd Apr 2014 12:02

LONDON (Alliance News) - Tower Resources PLC Tuesday said it expects formal notification from Repsol Exploration Ltd that the Rowan Renaissance Drillship will start drilling operations in the Walvis Bay, Namibia by April 25. The independent oil and gas exploration company focused on Africa Read More

UK MIDDAY BRIEFING: Evraz Jumps Despite Wider Loss

9th Apr 2014 11:34

LONDON (Alliance News) - Evraz, the Russian steel maker part owned by Roman Abramovich, has seen its shares jump Wednesday, despite reporting a wider net loss for 2013 as cost cutting failed to offset a drop in revenues caused by lower steel prices. Evraz reported a Read More

UK WINNERS & LOSERS: Evraz Leads FTSE 250; Ex-Dividends Weigh In

9th Apr 2014 10:45

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday. ------- FTSE 100 - WINNERS ------- Kingfisher, up 2.1%. UBS has upgraded Kingfisher to Buy from Neutral and i Read More

Tower Resources Shares Slide On Placing To Fund Acquisition, Farm-In

9th Apr 2014 09:09

LONDON (Alliance News) - Tower Resources PLC Wednesday said it will raise GBP19.3 million in a placing and subscription, buy Rift Petroleum Holdings Ltd by issuing the sellers 550 million Tower shares, and has agreed a farm-in to an oil exploration block in Kenya. In a statement, the compan Read More

Tower Resources Notes Arrival Of Drillship To Namibia

5th Mar 2014 11:18

LONDON (Alliance News) - Tower Resources PLC Wednesday said its Rowan Renaissance Drillship arrived to Walvis Bay in Namibia on Tuesday. The independent oil and gas exploration company focused on Africa said the drillship will now undergo scheduled preparation and final acceptance testing b Read More

Tower Resources Moves Closer To Sale Of Interest In Namibia

24th Jan 2014 09:28

LONDON (Alliance News) - Tower Resources PLC Friday said considerable progress has been made regarding its sale of a 10% interest in the PEL0010 site in Namibia. The independent oil and gas exploration company focused on Africa, said a number of interested parties have conducted a full revi Read More

UK MORNING BRIEFING: Shares Open Higher On Interest Rate Assurance

24th Jan 2014 08:15

LONDON (Alliance News) - UK shares have opened higher Friday, as Bank of England Governor Mark Carney backed off of forward guidance and said there is "no immediate need" to raise interest rates. Royal Mail has reported a 2% increase in like-for-like revenues for th Read More

Value9,701.37

Change-15.88