Tower Resources plc (TRP.L)
Tower Resources plc operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in London, GL, GB. The stock last traded at $0.02, up 0.00% on the session, giving a market capitalisation of $7.1M. Its beta of 0.27 implies it has historically moved less than the broad market.
Tower Resources Plc is an oil and gas exploration firm primarily focused on operations across Africa. The company holds a full 100% ownership of the Thali production sharing contract, an asset encompassing roughly 119.2 square kilometers in Cameroon's offshore Rio del Rey basin. Additionally, it possesses a 50% interest in the Algoa-Gamtoos license, a significant offshore block in South Africa spanning 9,369 square kilometers. Tower Resources also maintains an 80% stake in three blocks – 1910A, 1911, and 1912B – located within Namibia's northern Walvis Basin and Dolphin Graben, collectively covering 23,297 square kilometers. The company was established in 2004 and has its headquarters in London, United Kingdom.
Tower Resources plc is most often compared with the following Energy names: