RE: New Post From Cavitas10 Sep 2025 12:51
From Cavitas
The operator was experiencing low production at their:
400 million barrel OIP greenfield.
Extra heavy oil well (< 8 API)
Ultra viscous oil 1,000,000 cP at reservoir conditions
Market leading cable heater produced 2 barrels per day
Moderate permeability (500 mD), 200 ft thick sandstone reservoir
Along comes THOR
THOR provided targeted, controllable and low carbon in well heating of the perforation which:
Increased oil production from 0 to over 60 bopd
Allows reserves to be booked & field developed
Over $1.7 million revenue increase per well per year
As soon as Tomco can release this officially you will see some real SP action from this market cap of Β£1.3m
Tomco are understandably being ignored by the market because of previous performance.
We are so far under the radar it is unreal.
There will be a big run here soon imo.