Tower Resources PLC: A Snapshot of Current Operations and Financials
Tower Resources Plc, an independent oil and gas exploration company, continues to focus its operations in Africa. The company holds a significant presence in the region, with a 100% interest in the Thali production sharing contract. This contract covers an area of 119.2 square kilometers in the Rio del Rey basin offshore Cameroon. Additionally, Tower Resources has a 50% interest in the Algoa-Gamtoos license, which spans 11,809 square kilometers offshore South Africa. The company also maintains a 100% interest in Blocks 40 and 41 of the frontier Zambezi Basin, covering a gross area of 6,946 square kilometers.
As of August 19, 2025, Tower Resources PLC’s close price on the Frankfurt Stock Exchange was recorded at 0.0005 EUR. The company’s market capitalization stands at 14,657,856 EUR. Over the past year, the stock has experienced fluctuations, with a 52-week high of 0.001 EUR on December 22, 2024, and a 52-week low matching the current close price of 0.0005 EUR.
Incorporated in 2004 and based in London, United Kingdom, Tower Resources PLC has been listed on the Frankfurt Stock Exchange since its IPO on January 13, 2005. The company’s website, www.towerresources.co.uk , provides further information on its operations and strategic initiatives.
As an entity operating within the energy sector, specifically in oil, gas, and consumable fuels, Tower Resources PLC continues to explore and develop its assets in Africa, aiming to capitalize on the region’s potential.