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Field Test Update

5 Aug 2019 11:52

RNS Number : 9175H
TomCo Energy PLC
05 August 2019
 

 

 

5 August 2019

 

TOMCO ENERGY PLC

("TOMCO" OR THE "COMPANY")

 

Field Test Update

 

TomCo Energy plc (AIM: TOM), the US operating oil shale exploration and development group focused on using innovative technology to unlock unconventional hydrocarbon resources, provides the following update regarding the field test programme at the Company's Holliday A Block in Utah (the "Field Test").

 

Further to the Company's announcement of 25 July, the Company is pleased to announce that the Field Test is running to schedule, with drilling works having been completed the site has been occupied since 31 July and TurboShale Inc.'s RF transmitters have been operating since 2 August.

 

The Field Test team have been joined on site by Continental Electronics to provide additional expertise while the heating process is ramped up. As the formation heating advances, the team will additionally be joined by PROS Well Services to manage the output from the wells.

 

John Potter, CEO, commented: "I'm am very pleased with the progress of the Field Test. I would particularly like to thank IGES and Himes Drilling for the excellent preparation work in securing the Field Test site. The process moving forward will be to gradually increase the temperature of the formation and we look forward to keeping shareholders updated as the Field Test progresses."

 

 

Enquiries:

 

TomCo Energy plc

Andrew Jones (Chairman) / John Potter (CEO) +44 (0)20 3823 3635

 

Strand Hanson Limited (Nominated Adviser)

James Harris / Richard Tulloch / James Dance +44 (0)20 7409 3494

 

Turner Pope (Broker)

Andy Thacker +44 (0)20 3621 4120

 

For further information, please visit www.tomcoenergy.com.

 

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
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UPDLLFEITIIEIIA
Date   Source Headline
3rd Jul 20129:59 amRNSApplication for Admission of Securities
13th Jun 20127:00 amRNSInterim Results
12th Jun 20127:00 amRNSMineral Resource Statement
1st Jun 20127:00 amRNSBoard Announcement
1st May 201210:06 amRNSDirector Dealing
26th Apr 20123:28 pmRNSResult of AGM and progress update
19th Apr 20127:00 amRNSApplication for admission of securities
19th Apr 20127:00 amRNSTomCo investment in Red Leaf Resources
2nd Apr 20127:00 amRNSCompletes Investment in Red Leaf
30th Mar 20124:23 pmRNSTomCo invests US$5m in Red Leaf Resources
28th Mar 201210:11 amRNSNotice of AGM
8th Mar 20125:15 pmRNSFinal Results
5th Mar 20127:00 amRNSOperational Update
21st Feb 20123:41 pmRNSDirector's Dealings
25th Jan 20129:36 amRNSExercise of Warrants
20th Jan 20127:00 amRNSConversions of Warrants
18th Jan 20124:17 pmRNSExercise of Warrants
12th Jan 20122:26 pmRNSExercise of Warrants
1st Dec 20117:00 amRNSNominated Adviser and Broker
29th Nov 20113:21 pmRNSAmendment to Director's Details
4th Nov 20117:00 amRNSStmnt re Share Price Movement
24th Oct 201110:36 amRNSHolding(s) in Company
20th Oct 201111:54 amRNSIssue of Equity
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18th Oct 20114:40 pmRNSSecond Price Monitoring Extn
18th Oct 20114:35 pmRNSPrice Monitoring Extension
11th Oct 20111:06 pmRNSHolding(s) in Company
30th Sep 20117:00 amRNSHolding(s) in Company
5th Sep 20117:00 amRNSBoard Appointment
23rd Aug 20117:00 amRNSAward of Key Pre-development Contracts
1st Aug 20114:40 pmRNSSecond Price Monitoring Extn
1st Aug 20114:35 pmRNSPrice Monitoring Extension
27th Jul 20114:36 pmRNSPrice Monitoring Extension
21st Jul 20117:00 amRNSFirst Day of Dealings
11th Aug 20097:00 amRNSCancellation of Admission to AIM
17th Jun 20097:00 amRNSNotice of Results
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30th Mar 20096:04 pmRNSAnnual Accounts / Suspension
3rd Mar 20096:00 pmRNSIssue of Equity
11th Feb 20097:30 amRNSStatement re Suspension
11th Feb 20097:30 amRNSSuspension - TomCo Energy plc
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15th Jan 200910:25 amRNSFundraising
25th Nov 20087:00 amRNSHeletz Field Production Update
24th Nov 20084:02 pmRNSResults of Evaluations Undertaken by TRACS
25th Sep 20087:00 amRNSAppointment of Auditor
27th Aug 20081:00 pmRNSDisposal
22nd Aug 200812:00 pmRNSHeletz Field Production Updat
22nd Aug 20087:00 amRNSChange of Adviser
17th Jul 20087:00 amRNSHeletz Field Operations Updat

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