Tower Resources plc (TRP.L) Research

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.

Market snapshot

Symbol
TRP.L
Price
$0.02
Day change
-2.63%
Market cap
$9.9M
P/E ratio
-0.42x
52-week range
0.018-0.07
Sector
Energy
Industry
Oil & Gas Exploration & Production
Next earnings
in 3 months

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