Tower Resources plc

Equities

TRP

GB00BZ6D6J81

Oil & Gas Exploration and Production

Market Closed - London S.E. Other stock markets 09:05:02 17/07/2024 pm IST			5-day change	1st Jan Change
0.012 ^GBX	0.00%		+9.09%	-45.45%

06/06	Tower Resources Issues Shares to Fund Working Capital Needs	MT
03/06	EARNINGS AND TRADING: Brookfield mulls cash bid for Tritax EuroBox	AN

Tower Resources plc Auditor Raises 'Going Concern' Doubt

June 06, 2022

Tower Resources plc filed its Annual on Jun 06, 2022 for the period ending Dec 31, 2021. In this report its auditor, UHY Hacker Young, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Latest news about Tower Resources plc

Tower Resources Issues Shares to Fund Working Capital Needs	06/06	MT
EARNINGS AND TRADING: Brookfield mulls cash bid for Tritax EuroBox	04/06	AN
Tower Resources plc Reports Earnings Results for the Full Year Ended December 31, 2023	03/06	CI
Tower Resources Selects Five Targets for the Initial Phase of Drilling on its Rabbit North Property	24/05	MT
Tower Resources plc Provides Cameroon Rig Update	23/05	CI
Diversified Energy offers dividend alternative	15/02	AN
Tower Resources Plans Fundraising to Repay Energy Exploration Capital Partners Facility	15/02	MT
Seeing Machines revenue grows; Baron Oil strikes deal	09/02	AN
Tower Resources Receives Extension for Cameroon License	08/02	MT
Tower Resources Issues Shares to Energy Exploration Capital	04/01	MT
Tower Resources to Raise Funds for Oil Exploration Programs; Shares Drop	18/12	MT
Tower Resources Inks Rig Contract With Borr Drilling	18/12	MT
Tower Resources to Issue New Shares to Energy Exploration Capital Partners	07/12	MT
Tower Resources to issue 317.6 million shares to placee	04/23/04	AN
Tower Resources to Issue Shares on Investment Deed with Energy Exploration Capital Partners	04/23/04	MT
EARNINGS: Beacon Energy and Kefi Gold & Copper losses widen	29/23/29	AN
Tower Resources plc Reports Earnings Results for the Half Year Ended June 30, 2023	29/23/29	CI
Pendragon Chief Operating Officer Martin Casha to resign	07/23/07	AN
Tower Resources Plans Flow-Through Financing; Down 7.7%	29/23/29	MT
Tower Resources plc Auditor Raises 'Going Concern' Doubt	24/23/24	CI
Jangada Mines notes Blencowe's completion of test work	19/23/19	AN
Tower Resources swings to a loss with numerous headwinds	19/23/19	AN
Tower Resources plc Reports Earnings Results for the Full Year Ended December 31, 2022	19/23/19	CI
Tower Resources hails basin modelling results in Namibia	16/23/16	AN
Tower Resources CEO stake in company falls amid placing	31/23/31	AN

Chart Tower Resources plc

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Company Profile

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.

Sector

Oil & Gas Exploration and Production

Calendar

06:00pm - Annual General Meeting

More about the company

Income Statement Evolution

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.00012 GBP

Average target price

0.0012 GBP

Spread / Average Target

+900.00%

Consensus

Annual profits - Rate of surprise

Company calendar

Sector Other Oil & Gas Exploration and Production

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