Last checked at 21 Mar 2013 07:00
21 March 2013
TomCo Energy Plc
("TomCo" or "the Company")
Notice of Annual General Meeting
TomCo Energy plc today announces that the annual general meeting of the members of the Company will be held at 9.30 a.m. on 25th April 2013 at One Portland Place, London W1B 1PN.
The formal notice, form of proxy and copy of the report of directors and accounts for the year ended 30 September 2012 have today been published to the Company's website at www.tomcoenergy.uk.com.
Enquiries: | |
TomCo Energy Limited | |
Paul Rankine, CEO | +44 20 7766 0070 |
Numis Securities Limited | |
Nomad and Joint Broker | |
Alastair Stratton / Oliver Cardigan (Nomad) James Black (Broker) | +44 20 7260 1000 |
Fox-Davies Capital Limited Joint Broker Daniel Fox-Davies, Richard Hail
|
+44 020 3463 5000 |
Tavistock Communications | |
Financial PR & IR | |
Ed Portman/Conrad Harrington/Jos Simson | +44 20 7920 3150 |
Notes to Editors:
TomCo Energy Limited (AIM: TOM) is a London based, AIM-listed company, with substantial Oil Shale assets in Utah, USA.
TomCo holds a 100% interest in two Oil Shale leases, comprising 5 blocks covering 2,919 acres in Uintah County, Utah. Independent natural resources consultants SRK Consultants Ltd, part of the internationally recognised SRK Group, has declared a surface mineable JORC compliant Measured Resource of 126 million barrels on the main tract of TomCo's Holliday Block lease.
The Company has entered into a licence agreement with Red Leaf Resources Inc ("Red Leaf") for the use of their EcoShale™ In-Capsule Process, a proven and environmentally sensitive technology, to extract Oil from TomCo's leases.
Additionally, Red Leaf is planning a 9,800 bopd commercial operation at their Seep Ridge site, which lies about 15 miles SW of TomCo's Holliday Block lease.
Led by a highly experienced management team, TomCo's strategy is to develop the Holliday Block lease as a similar follow-on project to Seep Ridge using the EcoShale™ In-Capsule Process, with the same targeted production of 9,800 bopd.
Glossary:
bopd: barrels of oil per day
JORC Code: The mineral resource classification code devised by the Australasian Joint Ore Reserves Committee