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Pin to quick picksTomco Energy Share News (TOM)

Share Price Information for Tomco Energy (TOM)

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TomCo raises £550,000 to further Uintah Basin assets

Fri, 14th Dec 2018 09:03

(Sharecast News) - Shale oil exploration business TomCo raised £550,000 by way of a placing on Friday morning, allowing the group to further operations at its Holliday Block asset.TomCo placed 27.5m ordinary shares of 2p, with admission expected to take place on 21 December.In addition to funding the ongoing analysis and review of its Holliday Block project in the Uintah Basin, TomCo, which has loans of £250,000 due for repayment on or before 31 March, will also use a portion of the funds raised to repay its loans, if sufficient cash remains."Otherwise the loans shall be automatically extended," noted TomCo.In other news, TomCo has secured seven additional mineral leases covering approximately 12,500 acres with approximately 1.5bn barrels of oil in place located within the same Green River formation as its other two leases in Utah."There will be minimal ongoing costs in respect of these additional leases," noted TomCo.As of 1110 GMT, TomCo shares had crashed 35.71% to 2.25p.
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20 Oct 2014 10:57

UK WINNERS & LOSERS: Takeover Speculation Sends Afren Shares Higher

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20 Oct 2014 10:28

TomCo Energy Receives Tentative Approval For Mining Permit

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26 Sep 2014 13:40

DIRECTOR DEALINGS: TomCO Energy Directors Buy Shares

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26 Sep 2014 11:02

UK MIDDAY BRIEFING: Supermarket Price War Deepens

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26 Sep 2014 10:37

UK WINNERS & LOSERS: TSB Stake Sale Boosts Lloyds' Shares

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26 Sep 2014 07:21

UK MORNING BRIEFING: De La Rue, Shanks Issue Profit Warnings

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26 Sep 2014 07:03

TomCo Raises GBP1 Million In Discounting Share Placing (ALLISS)

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11 Sep 2014 10:39

TomCo Energy Pleased With Progress Made For Permit Applications

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27 May 2014 13:43

TomCo Energy First Half Pretax Loss Narrows

LONDON (Alliance News) - TomCo Energy PLC Tuesday reported a narrower first-half pretax loss, due to a reduction in administrative expenses. In a statement, TomCo said it made a GBP357,000 pretax loss in the six months ended March 31, compared with GBP402,000 in the corresponding period a y

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9 Apr 2014 11:34

UK MIDDAY BRIEFING: Evraz Jumps Despite Wider Loss

LONDON (Alliance News) - Evraz, the Russian steel maker part owned by Roman Abramovich, has seen its shares jump Wednesday, despite reporting a wider net loss for 2013 as cost cutting failed to offset a drop in revenues caused by lower steel prices.

Evraz reported a

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9 Apr 2014 10:45

UK WINNERS & LOSERS: Evraz Leads FTSE 250; Ex-Dividends Weigh In

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.
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FTSE 100 - WINNERS
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Kingfisher, up 2.1%. UBS has upgraded Kingfisher to Buy from Neutral and i

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9 Apr 2014 10:08

TomCo Says Red Leaf Moves Towards Mining With EcoShale Technology

LONDON (Alliance News) - TomCo Energy PLC said Wednesday that Red Leaf Resources Inc is moving towards commencing mining at its ML43374 and ML 50150 leases at the Seep Ridge site in Utah, which will use TomCo's EcoShale In-Capsule technology to extract oil. The company inked a licence agree

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17 Feb 2014 12:20

TomCo Energy Submits Utah Water Discharge Permit Application

LONDON (Alliance News) - Oil shale exploration and development company TomCo Energy PLC Monday said it has submitted a Ground Water Discharge Permit application to the Utah Division of Water Quality, another step in its efforts to get all the permits required to start commercial shale oil product

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13 Nov 2013 14:25

TomCo Energy Loss Narrows As It Works Toward Oil Shale Permits In Utah

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23 Sep 2013 10:09

TomCo Gets Amended Terms On Windsor Capital Finance Facility

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