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Proactive news snapshot: ClearStar, Ceres Power, Concepta, IQ-AI …
A glance at some of the day's highlights from the Proactive Investors newswire
Company
Tower Resources PLC
LON:TRP
Tower Resources PLC is an energy company building a balanced portfolio of energy opportunities in Africa across the exploration and production cycle in oil and gas and beyond. The company's current focus is on advancing its operations in Cameroon to deliver cash flow through short-cycle development and rapid production with long term upside, and de-risking attractive exploration licenses through acquiring 3D seismic data in the emerging oil and gas provinces of Namibia and South Africa, where world-class discoveries have recently been made.
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Tower Resources says successful in appeal against an HMRC decision to deny it credit for input VAT
The original decision from HMRC dates back to 2016
Investments and investor services
FTSE 100 closes higher on day and week as world leaders meet
The mid-cap FTSE 250 added over 147 points to close at 19,462 on Friday
Archive
City’s eyes turn to G20 summit on quiet Friday in London
With little company news due on Friday, investors will instead be looking to the latest G20 summit in Osaka, Japan
Investments and investor services
SolGold wins TKO decision in Ecuador
A look at the day's major movers, including Bould Opportunities, Advanced Medical, Andalas, Edenville Energy, PetroNeft, Prime People and Hansard Global
Archive
Proactive news snapshot: Westminster Group, Tower Resources, Bushveld Minerals …
A glance at some of the day's highlights from the Proactive Investors newswire
Tower Resources raises £150k, hopes to wrap up financing discussions for NJOM-3 well ‘soon’
The firm raised £150,000 from its chief executive which will keep the business ticking over whilst it wraps up discussions over the financing of the NJOM-3 well at Thali
Investments and investor services
FTSE 100 closes lower as traders catch breath after recent excitement
After being in the black for much of the day, the Footsie has slipped into the red
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Proactive Weekly Oil & Gas highlights: Anglo African Oil & Gas, United Oil & Gas, Hurricane Energy ...
There was the usual mix of project updates and results statements.
Archive
Proactive news snapshot: Active Energy, Be Heard Group, EQTEC, Horizonte Minerals …
A glance at some of the day's highlights from the Proactive Investors newswire
Tower Resources looks forward to progress in ‘crucial’ 2019
The company is advancing plans for a key well at the Thali project.
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Proactive news snapshot: WYG, Echo Energy, Collagen Solutions. Bacanora Lithium …
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
Frontier Smart Technologies soars after rejecting bid approach from Science Group
A look at the day's major movers, including TLOU Energy, Ten Lifestyle, Katoro Gold, Equatorial Palm Oil, Volga Gas, WYG, AB Dynamics and LXI REIT.
Investments and investor services
FTSE 100 closes in the red as trade tensions and Brexit confusion rumble on
The UK index of leading shares closed down nearly 38 points at 7,310
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Proactive weekly oil and gas highlights: Chariot Oil & Gas, VOG, Sound Energy, Tower Resources, Mosman
It was a shorter, quieter week in the small-cap oil and gas sector.
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Proactive news snapshot: EQTEC, Sound Energy, Sativa Investments...
A glance at some of the day's highlights from the Proactive Investors newswire
Tower Resources to conduct extra pre-drill preparation for NJOM3 well
It is now anticipated that the contracted Topaz Driller will be mobilised in July, rather than late May.
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Proactive weekly oil and gas highlights: Hurricane Energy, Block Energy, Columbus Energy, 88 Energy ...
It was a short but busy week, for the oil and gas sector.
Tower Resources sees May spud date for key Cameroon well
Chairman Jeremy Asher has put up a US$750,000 bridging loan while it finalises the finance required to drill the well
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Proactive news snapshot: Tower Resources, ECSC Group, Motif Bio, Asiamet Resources …
A glance at some of the day's highlights from the Proactive Investors newswire
Archive
Proactive news snapshot: IQ-AI, IGas Energy, OPG Power Ventures, Shanta Gold …
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
FTSE 100 clings on to gains as rumours swirl of visit by Theresa May to the Last Chance saloon in Strasbourg
Straight from the horse's mouth? Not really. It was the deputy head of the Irish government, Simon Coveney, who confirmed that Theresa May will fly to Strasbourg this evening “to try to finalise an agreement, if that’s possible”.
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Proactive weekly oil & gas highlights: Tower Resources, United Oil & Gas, 88 Energy, Cluff Natural Resources, Mosman, Aminex, SDX Energy
It was another active week for the oil and gas sector, with project updates and key milestones being reached.
Archive
Small cap movers: Biotech billionaire Patrick Soon-Shiong becomes latest AIM bargain hunter with stake in Directa Plus
A look back at some of the more interesting stories from the junior market over the past week
Archive
Proactive news snapshot: Tower Resources, Katoro Gold, Arix Bioscience …
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
Integumen surges as it announces roll-out of partnership management platform
A look at the day's major movers, including Pressure Technologies, 7digital, Hardide, GLI Finance, Modern Water and Mporium
Tower Resources’ Algoa-Gamtoos prospects boosted as Total opens up world class discovery next door
Total's South Africa discovery has been described as “world class” with initial estimates pitched at 500mln to 1bn barrels oil equivalent
Investments and investor services
FTSE 100 joins the decline in global equities to close lower
There is not a lot of earnings news on either side of the Atlantic to drive markets higher
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Proactive news snapshot: Shield Therapeutics, ANGLE, Westminster Group …
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
InfraStrata deflated after grant application is refused
A look at the day's major movers, including Management Resources Solutions, Panthera, TomCo, Aura Energy, JKX Oil & Gas, Crimson Tide, CVS Group and Mayan Energy
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Proactive news snapshot: Kavango Resources, Futura Medical, Kromek …
A glance at some of the day's highlights from the Proactive Investors newswire
Archive
Proactive weekly oil & gas highlights: Sound Energy, Eland, Faroe Petroleum, Eco Atlantic ...
The past week brought well updates, new exploration plans, and some positive production reports.
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Proactive news snapshot: ImmuPharma, Eurasia Mining, Tower Resources …
A glance at some of the day's highlights from the Proactive Investors newswire
AJ Bell hits the right note on its market debut
A look at the day's major movers, featuring AJ Bell, Genus, CyanConnode, EVR Holdings, Quadrise Fuels and ImmuPharma
Tower Resources hires rig contractor for 2019 well programme in Cameroon
The appraisal programme is slated for the second quarter of 2019, at which point Tower seeks to advance the Thali project closer to development
Investments and investor services
FTSE 100 closes higher on day after dreadful week for European benchmarks
"A collective sigh of relief was felt across Oil markets after OPEC+ delegates successfully reached an agreement to cut production by 1.2 million barrels per day," said Lukman Otunuga at FXTM
Proactive Oil & Gas News Highlights: 88 Energy, Mosman, Tower Resources, Greenfields Petroleum, Cadogan, Cabot Energy, Union Jack Oil, Sound Energy
Project updates, placings and the closing of acquisitions all featured in what was another busy week in the oil and gas sector.
Investments and investor services
Wincanton on the right road as strong cash flow whittles away debt
A look at the day's poppers and droppers, including JD Wetherspoon, Gattaca, Renewi, AdEPT, The Works, Coca-Cola HBC and Micro Focus
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Proactive news snapshot: Immotion Group, NetScientific, AdEPT Technology …
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
FTSE 100 closes higher ahead of Federal Reserve meeting
The focus is now on the Federal Reserve meeting later. The interest rate announcement is set for 7.00pm, UK time
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Proactive news snapshot: 88 Energy, Highlands Natural Resources, SkinBioTherapeutics …
A glance at some of the day's highlights from the Proactive Investors newswire
Big Sofa Technologies shares rise as it appoints new chief executive
A look at some of the biggest risers and fallers in the London market on Tuesday
Tower Resources secures new “exciting” exploration acreage offshore Namibia
It has landed three exploration blocks located close to areas with "recent farm-in activity" and for the cost of $5mln to be invested in pre-drill work, the AIM-quoted explorer secures an 80% stake
FTSE 100 closes higher as markets are relieved after US midterm election
The UK's premier benchmark index finished over 76 points higher, or 1.09%, at 7,117
Archive
Proactive weekly oil and gas highlights: Rose Petroleum, Echo Energy, Tower Resources
It was another busy week in the small cap oil and gas sector
Archive
Proactive news snapshot: Tower Resources, MySQUAR, Kore Potash …
A glance at some of the day's highlights from the Proactive Investors newswire
Tower Resources surges as it releases reserves report for Thali licence
Calculated EMV10s for the contingent resources stood at US$118mln and US$82mln for the prospective resources
Metals Exploration shares under pressure; Ascential rises on Flywheel Digital buyout
A look at some big winners and losers in the UK equity market during Thursday's trading session
FTSE 100 closes lower as sterling gains on BoE rate comments
The bank suggested there could be a faster pace of hikes if the UK gets a smooth Brexit deal
Tower Resources "very pleased" with outcomes so far in 2018
The one source of frustration has been Zambia, where the board has considered it prudent to adjust downwards the value of its exploration assets
Archive
Tasty and Pathfinder Minerals among Friday’s notable losers
A look at some of the biggest risers and fallers in the UK market on Friday
Archive
Proactive news snapshot: Sativa Investments, Westminster Group, Savannah Resources …
A glance at some of the day's highlights from the Proactive Investors newswire
Tower Resources launches South Africa partnering process
The process sets up new exploration which could ultimately lead to new drilling in the future
FTSE 100 surges higher as Brexit talks reach impasse; pound plunges
Around 4pm, the UK bluechip index was 109 points higher at 7,476, just easing back from the session peak of 7,495 after a strong week
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Proactive news snapshot: Anglo Asian Mining, Mirada, Mosman Oil And Gas …
A glance at some of the day's highlights from the Proactive Investors newswire
Sirius Minerals advances, supermarkets Tesco, J Sainsbury, Morrison PLC rise
A look at some of the biggest risers and fallers in the London market Monday
Tower Resources set to extend Thali licence for a year
The extension is expected to be conditional upon Tower signing up a rig contractor in the near term
FTSE 100 closes lower after lacklustre day; trade fears weigh
FTSE 100 closed down nearly two points on the day at 7,302
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Proactive news snapshot: European Metals Holdings, Regency Mines, OptiBiotix Health …
A glance at some of the day's highlights from the Proactive Investors newswire
Archive
Proactive news snapshot: Greatland Gold, AdEPT Telecom, Keywords Studios...
A glance at some of the day's highlights from the Proactive Investors newswire
Tower Resources looks forward to September reserves report for Thali
"We are happy with the progress being made on the Njonji well,” said Jeremy Asher, Tower chief executive
FTSE 100 closes higher as hopes grow for US, China trade talks
FTSE 100 closed ahead as the new trading week began, but off the 7,600 level, adding over 32 points to 7,591
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Proactive news snapshot: Challenger Acquisitions, SDX Energy, Greencoat UK Wind …
A glance at some of the day's highlights from the Proactive Investors newswire
Nanoco Group on the front foot after receiving £1.8mln payment from US partner
A look at some of the top risers and fallers in London on Tuesday
Tower Resources boss hails “substantial progress” made in 2017 as he eyes drilling at Thali
Life has been tough in the oil sector in recent years, but things started to pick up towards the end of 2017
FTSE 100 closes slightly in red; Shire biggest gainer
FTSE 100 closed 1.39 points lower at 7,565, while FTSE 250 went the other way
Archive
Proactive news snapshot: Galileo Resources, ValiRx, ITM Power …
A glance at some of the day's highlights from the Proactive Investors newswire
D4t4 jumps as two ‘biggest ever contracts’ boost revenues and profits
The medical diagnostics group is planning on closing its sites in India and Germany as it looks to get back to profitability from a smaller revenue base
Tower Resources hires Oilfield International to assess Thali reserves
Following recent technical work the firm has commissioned a new assessment of the Thali asset's potential
FTSE 100 joins global equity rally and ends higher with miners helping
Soothing comments from China's leader Xi Jinping seem to have gone down well with equities traders, particularly those in the US
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Proactive news snapshot: Active Energy Group , Midatech Pharma, WYG …
A glance at some of the day's highlights from the Proactive Investors newswire
TomCo dives as chief executive hands in his notice
Some of the main news-driven risers and fallers in London on Tuesday…
Tower Resources issues share warrants to directors
The warrants are being issued in lieu of cash payments, in order to preserve working capital
FTSE 100 closes in red as UK manufacturing growth slows more than expected
The FTSE 100 gave up some of the gains made on its recent record-breaking run, with the pound's rise partially to blame
Archive
Proactive news snapshot: Hurricane Energy, Cadence Minerals, Flying Brands …
A glance at some of the day's highlights from the Proactive Investors newswire
Vela Technologies flying high after investee company bags deal with American Airlines
Vela Technologies PLC flying high after investee company bags deal with American Airlines
Tower Resources advances preparations for Thali project drill campaign
"Commencing the ESIA process now is important to enable Tower to be in a position to commence drilling in the second half of 2018,” said Jeremy Asher, Tower chief executive
Investments and investor services
FTSE 100 closes higher as miners gain and sterling slides
The FTSE 100 closed the day higher, as the weak pound helped, while other European indices lagged
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Proactive news snapshot: Bushveld Minerals , ITM Power, Lionsgold …
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
No shortage of small cap movers on Thursday - Physiomics advance continues
Some of the biggest risers and fallers in London on Thursday
Tower Resources hires contractor as it advances Thali exploration project
“We are fully committed to our goal of reaching production at Thali as soon as possible"
Investments and investor services
FTSE 100 closes firmly in red as Wall Street surges; pound gains
The blue-chip benchmark closed in negative territory as sterling rose
Tower Resources chief takes heart from E&P upturn
Tower has just raised £2.1mln to take forward its Thali prospect, offshore Cameroon.
Archive
Proactive weekly oil and gas highlights - Hurricane Energy, Tullow Oil, Tower Resources and Rose Petroleum plc
A look at the week's oil and gas news highlights....
Archive
Proactive news snapshot: Hurricane Energy, Bushveld Minerals, Eland Oil & Gas, IronRidge
A glance at some of the day's highlights from the Proactive Investors newswire
Tower Resources gets back to work at Thali after placing
Tower raised the £2.1mln through a placing backed by directors and financier Lansdowne
Tower Resources to push on with Cameroon development after fund raise
Shares will resume trading today after being suspended in May
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Proactive news snapshot: Strategic Minerals, MySQUAR, Haydale Graphene Industries …
A glance at some of the day's highlights from the Proactive Investors newswire
Conroy Gold rallies after being awarded all costs in court battle with dissident shareholder
A look at some of the top risers and fallers in London today
Tower Resources ready to advance exploration of Thali block
"We are very pleased to have confirmed our next steps on the Thali license ... with a view to finalising priorities for drilling in 2018,” said Jeremy Asher.
FTSE 100 closes higher as Catalan president's speech in the spotlight
The UK benchmark finished the day at 7,538, up 30.38 points
Tower Resources “weathered the storm” in first half
“SNH and Tower share a mutual objective: to be in a position to start drilling one or more wells in 2018.”
Archive
Proactive news snapshot: Telit Communications, Gfinity, Richland Resources, Avacta Group...
Some of the day's highlights from the Proactive Investors newswire
Archive
Proactive news snapshot – Sphere Medical, Iofina, Silence Therapeutics…
A glance at some of the stories on the Proactive newswire today...
Tower Resources launches open offer to ease financial pressures
As reported last month, the firm pressed go on plans to raise up to £360,000 through a placing and open offer
FTSE 100 fades despite demand for miners
The Footsie closed down on the day but up on the week
Tower Resources eases financial pressures with £180,000 fundraise and stripped-down cost base
The explorer’s shares were suspended last month pending clarification of its financial future