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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 20087:00 amRNSUpdate Re Heletz
27th Jun 20087:00 amRNSInterim Results
19th Jun 20087:00 amRNSUpdate Re Heletz and Boone
17th Jun 20084:55 pmRNSResult of AGM
10th Jun 20085:23 pmRNSHolding(s) in Company
24th Apr 20084:46 pmRNSHolding(s) in Company
2nd Apr 20087:00 amRNSAcquisition
1st Apr 20087:01 amRNSPreliminary Results
31st Mar 20088:00 amRNSPreliminary Results
28th Mar 20087:01 amRNSPlacing of Equity
19th Mar 200812:54 pmRNSRe: Placing of Equity
19th Mar 20087:01 amRNSPlacing of Equity
21st Jan 20087:00 amRNSLetter of Intent Signed
11th Dec 200711:05 amRNSDrilling Programme
30th Nov 20077:30 amRNSHolding(s) in Company
28th Sep 20077:04 amRNSOperations Update
20th Aug 20077:02 amRNSRule 26 Notification
10th Aug 20077:01 amRNSCommencement of ADR Programme
1st Aug 20074:06 pmRNSHolding(s) in Company
31st Jul 20075:56 pmRNSCommencement of ADR Programme
28th Jun 20078:00 amRNSInterim Results
4th Jun 20078:00 amRNSInvestment in Oil Well
25th May 20078:00 amRNSInvestment in Oil Wells
27th Mar 20072:52 pmRNSInvestment in Oil Well
21st Mar 20073:26 pmRNSAGM Statement
13th Mar 20078:00 amRNST&G Exercise TomCo Warrants
22nd Feb 20077:01 amRNSFinal Results
15th Feb 20077:01 amRNSInvestment in Oil Wells
7th Feb 20074:12 pmRNSFurther Placing
29th Jan 20075:53 pmRNSHolding(s) in Company
23rd Jan 20078:00 amRNSInvestment in Oil Well
15th Jan 20072:44 pmRNSEGM Statement
22nd Dec 200611:23 amRNSSchedule 1 - Netcentric
22nd Dec 20067:30 amRNSRestoration - Netcentric Sys
22nd Dec 20067:30 amRNSPlacing and Acquisition
31st Oct 20065:40 pmRNSDirectorate Change
20th Oct 20067:00 amRNSPlacing & Update
3rd Jul 200610:17 amRNSAGM Statement
30th Jun 20067:01 amRNSSuspension - Netcentric Syste
30th Jun 20067:01 amRNSTrading Update
28th Jun 20067:01 amRNSInterim Results
2nd Jun 200612:59 pmRNSHolding(s) in Company
31st May 20069:41 amRNSResult of EGM
16th May 20067:00 amRNSRestoration-Netcentric System
16th May 20067:00 amRNSChange of Adviser
5th May 20067:00 amRNSEGM Statement
5th May 20067:00 amRNSChange of Adviser
5th May 20067:00 amRNSSuspension - Netcentric Sys
5th May 20067:00 amRNSResignation of Nomad & Broker
27th Apr 200611:46 amRNSHolding(s) in Company

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