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Field Test Update

25 Jul 2019 07:00

RNS Number : 6442G
TomCo Energy PLC
25 July 2019
 

 

 

 

25 July 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 4 July, the Company is pleased to announce that the Field Test is running to schedule, with drilling works having already commenced and the Field Test team is due to arrive on site next week ahead of commencing the live testing phase of TurboShale Inc.'s RF technology in early August.

 

Andrew Jones, Chairman, commented: "I'm sure shareholders will agree, this is a very exciting time for the Company. I would like to thank John and the team for all their hard work and we look forward to providing further updates over the coming weeks 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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