The Oilbarrel View26 Sep 2014 14:47
The Oilbarrel View:
TomCo Energy Plc is a London based, public company with Oil Shale assets in the State of Utah, USA.
TomCo Energy Plc owns oil shale leases covering approximately 3,000 acres in the Green River Shale Formation, Uintah County, Utah in 4 separate tracts
SRK Consultants Ltd has declared a surface mineable JORC compliant Measured Resource of 126 million barrels on the main tract of TomCo's Holliday Block lease.
Additional resources on the other Lease.
Holliday Block will be developed using innovative EcoShaleTM technology.
ca 80 million barrel development project over 20 years.
Technology demonstrated in pilot operation.
Breakthrough license agreement signed in March 2010 with Red Leaf Resources Inc for the use of EcoShaleTM 'in-capsule' technology on TomCo leases.
Experienced Management Team.
Keep faith, dyor, gl all