RNS!18 Oct 2018 08:26
Further to the Company's announcement of 12 October 2018, TomCo is pleased to announce that the upgrade designs for the RF antennas have been completed and the required modifications are almost complete. The additional parts required, including the the artificial lift equipment, have been ordered and are due to be delivered early next week, with the main test to resume within a week thereafter.
We look forward to keeping shareholders updated on the progress and results of the Field Test.
John Potter, CEO commented: "In many ways, discovering there to be more water than originally anticipated has turned out to be fortuitous, as we now have improved our antenna designs significantly. I am very grateful to the tireless work that the team have put in over the past week in achieving a robust solution. We remain confident of achieving a succesfull outcome."