Tomco Energy Share News (TOM)

TomCo Starts Work On Getting Utah Water Permit, Gets Small Mine License

TomCo Energy responds to share price rise

US shale oil explorer TomCo Energy has moved to quash any talk that it may be preparing to unveil major news following a sharp rise in its share price. TomCo, which has two oil shale leases in Utah, said in a statement that it had noted the strong performance in recent days of its share price, whic

TomCo Energy shares down as it waits on RedLeaf data

TomCo Energy's shares retreated Wednesday as the company said it was still waiting on Red Leaf Resources to provide the data required for a resource upgrade at the Holliday block in Utah. The oil shale exploration and development group needs Red Leaf to provide updated capital and operating costs f

Friday broker round-up UPDATE

Advanced Computer Software Group: Canaccord Genuity raises target price from 80p to 108p and reiterates a buy recommendation. Aggreko: Jefferies raises target price from 2000p to 2200p keeping its buy recommendation. Cantor Fitzgerald takes target price from 2020p to 2200p and stays with its buy re

Resources round-up: TomCo, Sunrise Resources, Weatherly,

TomCo Energy, the oil shale exploration and development company, rose 3.8% after it said it had commenced measures to secure the necessary approvals and permits required for commercial production at its Holliday Block in Utah. The firm said it was currently streamlining its corporate structure to fo

Travis Perkins Finance Director makes sale

Paul Hampden Smith, the Finance Director at building merchant Travis Perkins, has sold 51,994 shares at 1,061.00p in the name of his wife, Sarah. The sale, which earned the director a tidy £551,656 and leaves him with a beneficial interest of 264,698 shares, came less than a fortnight after the fi

Resources round-up: Valiant, Horizonte, Enegi Oil...

Valiant Petroleum, an AIM-listed company which operates in the North Sea, has begun drilling on the Tryfan prospect, which has gross prospective resources estimated internally by Valiant of 24m barrels of oil equivalent (mmboe), of which eight million are net to Valiant. Drilling on the well, which

Sunday share tips: TomCo Energy, Magnolia Petroleum, IAG

Magnolia Petroleum, whose shares trade on the Alternative Investment Market, is run by Rita Whittington, an expert who has spent more than 30 years in the industry. As a senior director of two private American oil firms, her most recent ventures were immensely profitable. Now Whittington is hoping t

Resources round-up: Red Emperor, Wolf Minerals, Oilex...

Oilex surged on Monday after reporting that operations at the Cambay-76H horizontal well, onshore Gujarat, India, to retrieve the stuck milling assembly and coiled tubing have been successfully concluded with the entire assembly now having been recovered at surface. The well is currently being prepa