Tomco Energy Regulatory News (TOM)

23 September 2013

TomCo Energy plc

("TomCo" or "the Company")

Reinitiating Liquidity Facility with Windsor Capital

TomCo Energy plc (AIM: TOM), the oil shale exploration and development company focused on using innovative technology to unlock unconventional hydrocarbon resources in the United States, today announces that it has agreed with Windsor Capital Partners Limited ("Windsor") to reinitiate the operation of the Liquidity Facility Agreement (the "Facility") with immediate effect and has amended the terms announced on 28 January 2013 by way of introducing a floor price of 2p per share and limiting the maximum net amount raised following this announcement to one million pounds.

Under the Facility TomCo had issued and allotted 100 million ordinary shares of 0.5 pence each ("Ordinary Shares") to Windsor in exchange for the Promissory Note. Shares that are not sold during the life of the Facility will be returned to the Company and cancelled.

The funds raised will be used for further advancing the Company's Holliday Block project and may be used to acquire additional leases.

The Facility allows the Company to access capital using the natural liquidity that is available in the Company's shares in a more cost-effective manner than a traditional equity line product. The Company will provide further updates with regards to the proceeds it receives under the Facility on a periodic basis, as appropriate.

CEO Paul Rankine commented: "The Board is pleased that the amended Facility is expected to enable TomCo to be fully funded through to the Red Leaf/Total JV Final Investment Decision ("FID"), without the fear of diluting existing shareholders or adversely affecting the market."

Enquiries:

For further information, please visit www.tomcoenergy.uk.com or contact:

Notes to Editors:

TomCo Energy plc (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