TRP Stock Recent News
TRP LATEST HEADLINES
Tower Resources PLC (AIM:TRP) announced it has increased its existing bridge loan to £750,000, from £500,000, to support working capital as completion of a key farm-out deal nears. "The purpose of the Bridge Loan remains to provide the company with working capital flexibility in preparation for the drilling of the NJOM-3 well on the Thali license in Cameroon,” chief executive Jeremy Asher said in a statement.
CALGARY, Alberta, June 27, 2025 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) today announced that it has commenced the collection of tolls from the Comisión Federal de Electricidad (CFE) for the Southeast Gateway pipeline and has been paid by the CFE for the month of May, on time in accordance with our contract. We continue to work with the newly constituted Comisión Nacional de Energía (CNE) to obtain the approval of our regulated rates as soon as possible, which is required to provide service to potential future interruptible service users on Southeast Gateway other than the CFE.
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CALGARY, Alberta, June 23, 2025 (GLOBE NEWSWIRE) -- News Release – TC Energy Corporation (TSX:TRP) (NYSE:TRP) (TC Energy or the Company) today announced that 104,778 of its 9,997,177 fixed rate Cumulative Redeemable First Preferred Shares, Series 3 (Series 3 Shares) have been elected for conversion on June 30, 2025, on a one-for-one basis, into floating rate Cumulative Redeemable First Preferred Shares, Series 4 (Series 4 Shares); and 1,822,829 of its 4,002,823 Series 4 Shares have been elected for conversion, on a one-for-one basis, into Series 3 Shares.
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Delaware's highest court on Tuesday threw out a judge's order requiring Canadian pipeline operator TC Energy to pay $199.2 million of damages stemming from its $13 billion purchase of Columbia Pipeline Group in 2016.
Tower Resources PLC (AIM:TRP) shares rocketed around 40% higher on Tuesday as the AIM-quoted small-cap's Cameroon project took an important step forward. The planned NJOM-3 appraisal well, which is hotly anticipated, promises to unlock a valuable development project and at the same time significantly re-value Tower (which today has a market capitalisation of around £8 million).
Tower Resources PLC (AIM:TRP) told investors it has selected the rig for this year's planned NJOM-3 well, offshore Cameroon. The company said, in a statement, it has issued a Letter of Award to ADES for the provision of a jack-up rig - Admarine 510, a jack-up unit built in 2019 and capable of operating in water depths up to 375 feet – for the well.
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