Friday May 16, 08:13 AM
UK smallcap opening - Tower Resources advance afresh on Namibian oil find
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LONDON (Thomson Financial) - Tower Resources (LSE: TRP.L - news) attracted fresh support, advancing 4 pence to 15 as traders warmed to Thursday's news that a seismic study had confirmed the presence of a giant structure in offshore Namibia that could hold up to 10 billion barrels of oil.