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TOMCO ENERGY REVERSES OUT OF NETCENTRIC SYSTEMS PLC. (TOM)     

oilyrag - 23 Jan 2007 08:47

On 16 Jan 2007, NCS Netcentric systems plc reversed into The Oil Company, TOM. to become the new Tomco Energy Co.................Tomco recently made a placing of 51,238,000 shares at 2.5p each to raise 1,280,950 in cash.............. Tomco also holds a 40% intrest in a well in Wichita, Texas at a cost of $56,000 for drilling and $50,000 for completion. The well is called Flusche. This well is in a very productive area and results on potential flow rates should be known within a couple of weeks................ The company also has plans for 2 or 3 other targets to be drilled in the very near future..............I bought in yesterday at 3.1p and it is still on the rise as speculation mounts.............A good chance to get in, right at the begining.

oilyrag - 23 Jan 2007 09:02 - 2 of 116

Flusche is in a major oil bearing structure called the Red River Arch. During drilling the well intersected 6 areas of intrest. 2 of these zones have been perforated and both produced oil. The well has been made ready and is awaiting electrical hook up. Results of production rates should be known within 2 weeks..............This is cheap at 3p for a potential oil producer.............What does anyone else think?

oilyrag - 23 Jan 2007 09:30 - 3 of 116

Tomco energy also has what they call a long term asset, to be developed over the next 6 years in Utah, that holds some 230 million barrels of oil.

oilyrag - 23 Jan 2007 09:36 - 4 of 116

The management of Tomco were formerly the management team of Cadence Resources. They are guilty of turning a company with a market capital of $0.5 million to a market capital of $450 million over a period of 5 years. Thats an increase of 900 times its value. It is their intention to try and do the same again. Already the speculation on some bulletin boards is of 50p per share.

moneyplus - 23 Jan 2007 12:04 - 5 of 116

Hi oily-I've bought in here and looking forward to some news. It seems a quality management who have made their fortune once with cadence and now have all the right contacts and knowledge to do it again Announcements are expected soon and I'm hoping for good returns--I sold a few chp to join in here-good luck.

oilyrag - 23 Jan 2007 12:23 - 6 of 116

Hi moneyplus, I'm hoping for a good solid return also. I am contemplating releasing some TMC all of my EME and PRTY to go in pretty big, but am having difficulty accepting a loss on these even though I am confident that the gains on TOM should vastly outweigh the losses on them.

stephanie m - 24 Jan 2007 19:10 - 7 of 116

Oilyrag.
Nothing wrong with taking a loss if you feel you can do better elsewhere. That is what i did in order to buy 400k of TOM at 3.1p. OK no profit yet but this share will be several 100% higher by the year end
SM

oilyrag - 25 Jan 2007 09:24 - 8 of 116

Hi Steph, I know your right, but if the current rumours of Sugarloaf are correct, EME could explode from 45p to circa 170p almost instantly. That I couldn't afford to miss, that is why I'm a bit hesitant.

stephanie m - 29 Jan 2007 21:32 - 9 of 116

Oilyrag. EME are a good trading stock,but many got stuck the other day with the placing at 35p.
Are regards TOM,on the basis of the promotors track record alone they are worth a speculation

oilyrag - 01 Feb 2007 20:24 - 10 of 116

Hi Steph, PRTY 2.25p higher EME 2.5p higher and TMC 15p higher than the prices that I was considering trading in at to buy more TOM. TOM however is slightly down over the same period. I know that time is short on results for Flusche, but I am prepared to wait a little longer whilst there's no movement on TOM's SP. The deal seems to get better every day.

oilyrag - 06 Feb 2007 19:35 - 11 of 116

Two very large purchases today totalling 10.5 million shares approx. I think the news due this week may be positive.

oilyrag - 16 Feb 2007 07:52 - 12 of 116

New purchase of a 20% intrest in a 5 well series, in Overton and Fentress Counties, in Tennessee at a cost of $160,000 for drill and completion costs. The operator in this instance is TN OIL Company.........Results for Flusche are imminent.

alanatml2 - 16 Feb 2007 12:31 - 13 of 116

FY results are due at end of March 2007, so, if updates are not made sooner, these results will dispell any doubts about the business plan and M&A strategy with some positive progress on the initial purchases. Do olefactory centres detect hydrocarbons?

HARRYCAT - 16 Feb 2007 12:38 - 14 of 116

Have been having a look at this & keen to have a dabble, but with Selftrade this stock is only telephone tradeable, which means it is also going to be difficult to sell. Is anyone else having difficulty?

Darradev - 16 Feb 2007 12:59 - 15 of 116

Can buy up to 100,000 online using IWeb.

oilyrag - 16 Feb 2007 17:47 - 16 of 116

Harrycat, I don't know yet if all of the placement shares have been sold yet, as a mate of mine was offered some the other day at 2.5p. Perhaps this is affecting sales at the moment, if so the situation should soon resolve itself.

oilyrag - 22 Feb 2007 09:47 - 17 of 116

The losses posted in the last RNS are not due to current management team. They have nothing to do with TOMCO, they are fiancial charges to the cash shell of NETCENTRIC. The total loss, if you put it into perspective, is a lot less than the cost of the recent flotations. Todays SP drop is ridiculous based on the shares traded, and I am looking at this as a further buying opportunity. Good luck to all holders.

oilyrag - 05 Mar 2007 11:55 - 18 of 116

Been heading south for a while now, gets better value every day. Still no major RNS released with regard to Flusche. Becoming a bit overdue, hence price drop I suppose.

oilyrag - 09 Mar 2007 09:08 - 19 of 116

Interesting, but at just after 9am 1200 shares sold. 24's worth. Hardly a deal to write home about. I wonder if its a code for news at 12.00 hrs. worth watching for.

moneyplus - 09 Mar 2007 11:11 - 20 of 116

I'm watching!

billywills - 13 Mar 2007 17:13 - 21 of 116


RNS Number:8023S
TomCo Energy PLC
13 March 2007


Teather & Greenwood Exercise Warrants in TomCo Energy Plc.

TomCo Energy Plc. (the "Company") has received an application from Teather &
Greenwood Ltd. to exercise warrants to subscribe for 2,868,372 new ordinary
shares of 0.5p each in the Company (the "New Shares"). The New Shares have been
issued and allotted and rank pari passu with the existing ordinary shares.
Trading of the New Shares on AIM is expected to commence on Wednesday 14 March
2007.

The total number of Ordinary Shares in issue following this exercise of warrants
will be 443,450,974. The New Shares represent a total of 0.65% of the total
issued share capital of the Company.

Following the exercise the warrants, Teather & Greenwood Ltd. no longer holds
any warrants in the Company.




This information is provided by RNS
The company news service from the London Stock Exchange

END

steveo - 19 Mar 2007 11:36 - 22 of 116

is there good news around the corner sp up 19% so far today on top of strong rises last friday?

moneyplus - 19 Mar 2007 11:43 - 23 of 116

Howard Crosby is in town for EGM and has been giving interviews plus presentations in Ireland planned for Thursday. I imagine this will keep the spotlight on the co. and there may be some nice news coming soon--I hope so!

oilyrag - 19 Mar 2007 16:03 - 24 of 116

I hope there's some news about Flusche as this is overdue by about a month now.

steveo - 19 Mar 2007 17:19 - 25 of 116

well I have opened a modest holding and thankfully got them on friday, will be interesting to see if they can replicate previous positions, whatever HC is certainly selling the idea well, I hope he has an equally good day tommorrow. :-)

moneyplus - 19 Mar 2007 23:11 - 26 of 116

sorry it's the AGM on wed not egm.

billywills - 21 Mar 2007 16:48 - 27 of 116

Company TomCo Energy PLC
TIDM TOM
Headline AGM Statement
Released 15:10 21-Mar-07
Number 4373T



RNS Number:4373T
TomCo Energy PLC
21 March 2007


TomCo Energy Plc
('TomCo' or 'the Company')

Annual General Meeting Statement

Following the Annual General Meeting ("AGM") held today, the Board of TomCo is
pleased to announce that all the resolutions set out in the notice of meeting
were duly proposed to shareholders and passed without exception.

Stephen Komlosy, Chairman of TomCo Energy Plc, said at the AGM:

"On 16 January 2007 Netcentric Systems Plc completed the reverse acquisition of
the Oil Mining Company Inc., changing its name to TomCo Energy Plc and
simultaneously readmitting its shares on AIM. Following the transaction, TomCo
owns leases on approximately 3,000 acres of oil shale in Utah, USA which SRK (an
independent firm of mining consultants) estimates to potentially contain some
230 million barrels of oil.

US oil shale is not yet being commercially exploited but your Board is confident
that increased commercial and strategic pressures and demand for oil will lead
this situation to change in the coming years creating an oil shale industry,
similar to that of Canada's oil sands.

The Company's current strategy is to hold the oil shale assets in reserve, and
to create alongside it an investment portfolio of proven and producing oil wells
in the USA. Following the acquisition, TomCo has already acquired a 40 per
cent. interest in a working oil well in Witchita County, Texas and a 20 per
cent. interest in five proven undeveloped wells in Tennessee. Your Board is
confident in its ability to source further deals in order to swiftly broaden its
portfolio.

At the time of the acquisition and accompanying fund raising, John Ryan was
appointed to the Board of the Company. This followed the appointment of Howard
Crosby, as Chief Executive Officer, in March 2006. John and Howard have
previously worked together in several successful resource business ventures,
including Cadence Resources Inc., an oil and gas company whose market
capitalisation grew from less than $1 million to $450 million under their
direction"




This information is provided by RNS
The company news service from the London Stock Exchange

END

kimoldfield - 21 Mar 2007 17:05 - 28 of 116

Upwards and onwards from here? Fantastic management: I have held a residual 20k since trading in Netcentric days, I will add on when I can.

oilyrag - 21 Mar 2007 17:11 - 29 of 116

Should have, last week at 2.2p. May not be another chance like that.

kimoldfield - 21 Mar 2007 17:15 - 30 of 116

Yep, I know, went for SEO instead!!! Turned out ok in the end but I would have done better in Tomco; I think there is still a lot of upside yet though.

oilyrag - 22 Mar 2007 08:56 - 31 of 116

I think the price is being forced down by mm's. This maybe for a large buyer in the background.

oilyrag - 27 Mar 2007 19:55 - 32 of 116

Flusche results so far, 28 barrels per day but are looking at increasing this ammount. Cost of farming in was $106,000. At $60 per barrel and assuming 50% production costs, this investment will gross $306,600 per year. 40% is Tomcos share that is $122,640 a profit of $16,640 in year one and $122,640 profit every year after that. Good start, lets hope for some more updates soon.

spitfire43 - 30 Mar 2007 00:58 - 33 of 116

I also have a small holding from Netcentric days, and will be doing some research now with a view to buying some shares which will give me a worthwhile holding.

paint24 - 30 Mar 2007 13:01 - 34 of 116

waiting for the buying price to go down a bit more to top up. I think there is a board game here, a bit like monopoly.

Marcel1970 - 11 Apr 2007 14:57 - 35 of 116

Can anyone tell me why the post on TOM is so quiet when the shareprice seems tobe going up every day @ moment?

moneyplus - 11 Apr 2007 15:25 - 36 of 116

very exciting prospects with this one-I think most holders have just tucked them away. I tried to add today but cannot buy any decent quantity online must be good news coming-won't get them at this price much longer!

oilyrag - 12 Apr 2007 13:26 - 37 of 116

Shhhh, Marcel when were quiet, the price keeps moving.

oilyrag - 30 Apr 2007 14:10 - 38 of 116

Up 8%, keep it quiet, Shhhh.

moneyplus - 30 Apr 2007 15:34 - 39 of 116

###+++!

oilyrag - 04 Jun 2007 11:01 - 40 of 116

New investment 15% of Kansas well. If production does reach 20 barrels per day then TOM's investment of $30,000 will more than double to $72,000 in value each year. This is low risk and why there should be large rewards long term.IMO.

halifax - 31 Jul 2007 14:03 - 41 of 116

Moving up today perhaps Marathon's huge purchase of oil sands in Canada make TOM's investment in oil shale acreage in US more valuable as oil price continues to rise?

halifax - 01 Aug 2007 13:31 - 42 of 116

One of the few risers today see todays RNS re ADR listing in US.

moneyplus - 01 Aug 2007 14:09 - 43 of 116

US investors onboard from the 10th---then the news will follow after a dull period.
I'm waiting for lift off --whoosh!!

halifax - 03 Aug 2007 15:36 - 44 of 116

Up another 5% today.

moneyplus - 03 Aug 2007 19:47 - 45 of 116

the US investors have to get the stock from our Aim shares--can see that having a big impact but trying to curb my excitement!

lex1000 - 04 Aug 2007 11:47 - 46 of 116

Surprised no comment on RNS


Tomco Energy Holding(s) in Company


RNS Number:3589B
TomCo Energy PLC
01 August 2007


TomCo Energy Plc
('TomCo' or 'the Company')

Holding in Company

TomCo received notification yesterday, 31 July 2007, pursuant to the FSA
Disclosure and Transparency Rules that, Douglas Wright has an interest in
15,155,460 ordinary shares of 0.5p each in the Company. This represents
approximately 3.42 per cent. of the Company's issued ordinary shares.

For further information, contact:

TomCo Energy Plc +44 (0)20 7808 4857
Stephen Komlosy

Strand Partners Ltd. +44 (0)20 7409 3494
Warren Pearce
Thomas Lockyer

Bankside Consultants Ltd. +44 (0)20 7367 8888
Simon Rothschild



This information is provided by RNS
The company news service from the London Stock Exchange

END
HOLGGGGRVMDGNZM


lex1000 - 04 Aug 2007 11:48 - 47 of 116

Was it not Douglas Wright super investor who got peeps into HAWK @ 4p with 900% gains + PET and others?

TOM looks very interesting management excellent track record + Douglas Wright factor,looks to have multi-bagger potential too.aimvho.dyor.

moneyplus - 05 Aug 2007 12:01 - 48 of 116

spot on lex. things are looking good!

Active - 09 Nov 2007 16:07 - 49 of 116

Very strong buying today inc. a 1 million buy. Double bottom formation complete at 2 pence and IMO should see a swift rise until the resistance point at 3 pence in the coming days.

Active - 09 Nov 2007 19:18 - 50 of 116

After Close Tonight: British Bulls.

BUY
CONFIRMED

2.2800
+0.2500 +12.3



TOM
TomCo Energy PLC
Daily Commentary

Our system posted a BUY CONFIRMED today. The previous SELL recommendation was made on 06.11.2007 (3) days ago, when the stock price was 2.0500. Since then TOM has gained 11.22% .

BUY-IF is confirmed by a white candlestick with an equal open and a higher close.

http://www.britishbulls.com/StockPage.asp?CompanyTicker=TOM&MarketTicker=Oil%20and%20Gas&TYP=S

trader6 - 11 Nov 2007 11:48 - 51 of 116

Is there logic in using british bulls as a means to your latest pump and dump ?

It said sell and the stock rose, now it says buy so will it fall, god help anybody
that uses BB's for their trading, they would be bankrupt in a month with the
spreads that penny stocks have.

No resistance till 3p which means you will dump below 2.5p as you have done
on all the other pump and dumps.


Active - 11 Nov 2007 14:09 - 52 of 116

Brighton Argus 5th Jan 2007 : TomCo tipped as one of Charles Stanley's shares of the year.

brightonargusjf6.png

trader6 - 11 Nov 2007 16:36 - 53 of 116

Old cuts and pastes now active/chancer !

Pretty desperate considering by 9am tomorrow you will have dumped
your small amount of Tom.




Active - 12 Nov 2007 08:56 - 54 of 116

L2 improved to 1 v 1 from 1 v 2. Next MM is ready with 2.50p on the offer.

alanatml2 - 19 Nov 2007 23:41 - 55 of 116

Director Crosby's magic wand has not been able to find oil. See iii BB for news of directors chasing BIG DEALS. With oil at >90US$ shouldn't the share be soaring?

oilyrag - 24 Dec 2007 07:27 - 56 of 116

Merry xmas and happy new year everyone.

billywills - 03 Jan 2008 10:20 - 57 of 116

Looks like tomco is wakening up for 2008!

billywills - 21 Jan 2008 08:30 - 58 of 116

TomCo Energy PLC
21 January 2008


TomCo Energy plc

Letter of Intent

TomCo Energy Plc ('TomCo' or the 'Company') (AIM: TOM) is pleased to announce
that it has today signed a Letter of Intent ('LOI') with Avenue Group Inc
(AVNU.OB), a NY based US listed Oil & Gas Company, and its wholly-owned
subsidiary Avenue Energy Israel Limited ('AEI'); to acquire a 50 per cent.
interest in the Heletz-Kokhav License (the 'License') awarded to AEI by the
Israel Petroleum Commission.

The Heletz-Kokhav field, located 55km south of Tel Aviv and 12km east of the
Mediterranean, is Israel's only producing onshore oil and gas field. The 60,000
acre license has produced in excess of 17 million barrels of oil to date from
Cretaceous sands, with peak production of approximately 3,000 to 4,200 barrels
per day ('bpd') between 1959 and 1967. The original oil-in-place (OOIP) for the
field was estimated at 50.7 million bbls; the Israeli Government estimates that
there are 2 million bbls of primary recoverable oil remaining, and studies
suggest 5 -10 million bbls of secondary recovery potential. A number of
undrilled, deeper exploration prospects have estimated potential of over 30
million bbls. Recent production for the field was around 60 bpd, although TomCo
expects that the implementation of modern production and recovery methods and
the drilling of additional wells on the License will significantly increase
production, resulting in the granting of a 30 years Production Lease.

TomCo and AEI will now work to finalise the terms of a binding contract.

Under the terms of the LOI, TomCo undertakes to:

1. within 5 days of signing the LOI, pay a non-refundable security deposit of
US$75,000, granting TomCo 45 days exclusivity in which to sign a definitive
agreement ('Closing'). This period can be increased to 60 days by TomCo
paying an additional deposit of US$25,000;
2. at Closing, pay AEI US$1 million in cash;
3. at Closing, issue to AEI TomCo ordinary shares ('Shares') valued at US$0.5
million at a price per Share equivalent to the average middle market price
for the seven days prior to Closing;
4. at Closing pay to AEI 50 per cent. of AIE costs incurred to date in relation
to the License, which have been confirmed at US$108,000;
5. over the three year Phase 1 period of the License pay up to US$4.5 million of
development costs;
6. pay a further US$1.5 million to AEI after a 30 years production lease is
issued, which lease may be issued once production at the field reaches 300
bpd; and
7. pay a further US$5 million to AEI after the recoverable reserves are
declared to be more than 10 million barrels by an internationally acceptable
geologist.

Further updates regarding the acquisition of the 50 per cent. interest in the
Licence will be announced in due course.

Howard Crosby, TomCo's Chief Executive Officer, commented:

'Whilst our main focus, of course, remains the implementation of our core
investment strategy in North America and we are stepping up our infill drilling
programme at our Texas Saratoga and Abel leases, we are increasingly finding,
through our extensive evaluation of many oil & gas situations, some extremely
attractive 'special situations' outside the USA. Heletz-Kokhav is an excellent
opportunity to join with the US public company, Avenue Group, to develop the
highly potential Heletz field in Israel and will create new horizons and will be
an important investment for us. We will continue to expand our portfolio, both
in the USA and outside, in order to build TomCo into an oil company with both
significant production and an aggressive exploration programme.'

Enquiries:

TomCo Energy Plc +44 (0)20 7808 4857
Howard Crosby

Strand Partners Ltd. +44 (0)20 7409 3494
Warren Pearce

Bankside Consultants Ltd. +44 (0)20 7367 8888
Simon Rothschild

Notes:
TomCo is an AIM listed company which continues to actively develop a
conventional oil production profile in the South-Western United States. The
Company also owns leases on approximately 3000 acres of shale oil holdings in
Utah, estimated by SRK (an independent firm of mining consultants) to contain
some 230 million barrels of oil.






This information is provided by RNS
The company news service from the London Stock Exchange

billywills - 19 Mar 2008 08:24 - 59 of 116

RNS Number:4206Q
TomCo Energy PLC
19 March 2008


TomCo Energy plc
("TomCo" or "the Company")

Placing of Equity

TomCo is pleased to announce that it has placed 67,066,666 new ordinary shares
of 0.5p each ("Placing Shares") at a placing price of 1.5 pence per Placing
Share, raising approximately 1,000,000 before expenses. The placing proceeds
are expected to be used, primarily, to fund TomCo's obligations pursuant to its
acquisition of working interests in Israeli oil field Licenses held by Avenue
Energy Israel Ltd (AEI), which the Directors expect to complete by 20 March 2008

Application will today be made for the Placing Shares to be admitted to trading
on AIM, and admission is expected to become effective on 27 March 2008.
Following the issue of the Placing Shares the Company's issued share capital
will be 510,517,640 ordinary shares.

A further announcement regarding the investment in the oil field Licenses held
by AEI will be made in due course.

Enquiries:

TomCo Energy Plc +44 (0)20 7808 4857
Howard Crosby

Strand Partners Limited +44 (0)20 7409 3494
Warren Pearce

Bankside Consultants Ltd. +44 (0)20 7367 8888
Simon Rothschild


Notes:
TomCo is an AIM listed company which continues to actively develop a conventional
oil production profile in the South-Western United States. The Company also owns
leases on approximately 3000 acres of shale oil holdings in Utah, estimated by
SRK (an independent firm of mining consultants) to contain some 230 million
barrels of oil.




This information is provided by RNS
The company news service from the London Stock Exchange

END

billywills - 02 Apr 2008 10:35 - 60 of 116

TomCo Energy PLC
02 April 2008


TomCo Energy plc
('TomCo' or 'the Company')

Acquisition of Heletz-Blur-Kokhav and Iris Oil Field Licenses in Israel


TomCo (AIM:TOM) is pleased to announce that on 1 April 2008 TomCo and its wholly
owned Israeli subsidiary, Luton-Kennedy Limited ('LKL') completed the
acquisition of interests in two onshore petroleum licenses in Israel from Avenue
Group Inc (AVNU.OB), a New York based US listed Oil & Gas Company, and its
wholly-owned subsidiary Avenue Energy Israel Limited (together referred to as
'AEI') (the 'Acquisition'). The interests acquired are a 50% interest in the
Heletz-Blur-Kokhav Licence and a 25% interest in the integral Iris License (the
'Licenses'), which include the original Heletz-Blur-Kokhav oilfield ('Heletz').
The concessions, covering over 68,000 gross acres, were recently awarded to AEI
by the Israel Petroleum Commission and are 3-year production and development
licenses which can be extended to 30-year production leases upon a significant
increase in the production from its current capability of 60 barrels of oil per
day ('bopd').

The Heletz field, located 55km south of Tel Aviv and 12km east of the
Mediterranean coast, is Israel's only onshore producing oil field. The field has
produced in excess of 17 million barrels of oil to date from Cretaceous sands,
with peak production of 4,000 bopd in the mid 1960's. The Israeli Government
estimates the original oil-in-place (OOIP) for the field to be 50.7 million bbls
with 2 million bbls of primary recoverable oil remaining, and studies suggest
over 5 million bbls of secondary recovery potential may exist. A number of
undrilled, deeper exploration prospects on the licenses have estimated potential
in excess of 100 million bbls.

AEI and LKL are commissioning an independent determination of the remaining
reserves for the Heletz field as one of the first steps in an active technical
programme designed to identify well re-completion and infill well drilling
targets, and to examine secondary recovery options. Production from the field
had declined to around 60 bpd by 2007, although TomCo expects that the
implementation of modern production and recovery methods and selected infill
drilling will significantly increase production over the next 24 months,
resulting in the granting of a 30-year production lease.

The terms of the Acquisition are as follows:

1. At completion TomCo paid a US$1 million fee to Avenue Group Inc. ('Avenue')
in respect of the transfer of the 50% and 25% interests in the Heletz oil
fields from Avenue to TomCo. Avenue and TomCo will now seek approval of this
transfer to TomCo from the Israeli Authorities with a formula to provide
TomCo with the effective benefit of the transfer in the event that no such
approval is forthcoming;

2. TomCo has issued to AEI 12,618,615 million ordinary shares of 0.5 pence each
in the Company ('Ordinary Shares') valued at approximately US$500,000 at a
price of 2p per share with a one year sale restriction ('Consideration
Shares');

3. TomCo has paid to AEI US$107,000 representing 50% of AEI costs incurred to
date in relation to the Licenses;

4. Over the three year Phase 1 period of the Licenses, TomCo and LKL will pay
up to a maximum US$4.5 million of oil field development costs;

5. TomCo and LKL will pay a further US$1.5 million fee to AEI at the time at
which a 30-year production lease is issued, which is expected to be at the
time production at the fields reaches 300 bopd; and

6. TomCo and LKL will pay a further US$5 million fee to AEI in the event that
gross recoverable reserves on the Licenses are declared by a recognized
independent, qualified assessor to be more than 10 million barrels.

To finance the Acquisition, TomCo has recently placed, in aggregate, 80,399,999
shares ('Placing Shares') at a price of 1.5p per share raising a total of
approximately 1.2m before expenses. Each two shares placed had an attached
warrant to subscribe for one new Ordinary Share at a strike price of 2.5p per
share with a 13 month term and a further Warrant to subscribe for one new
Ordinary Share at a strike price of 5p exercisable within 13 months of the date
of exercise of the first warrant. Application was made for 67,066,666 of the
Placing Shares to be admitted to AIM, and trading in these shares commenced 27
March 2008. Application has also been made for the remaining 13,333,333 Placing
Shares to be admitted to AIM and trading in these shares is expected to commence
on 3 April 2008.

Additionally, at completion of the Acquisition the Company issued a 24 month 8%
Convertible Loan Note to Trafalgar Capital Specialized Investment Fund
('Trafalgar') for 1,000,000 with a minimum convertibility at 2p per share. The
Company has also issued to Trafalgar 7,000,000 warrants with a three year term
with an exercise price calculated by means of a formula based around 90% of the
price at completion, and a fee of 25,000 which is satisfied by the issue of
1,179,562 shares at a price of 1.66p per share ('Trafalgar Shares'). In addition
to the Consideration Shares and Trafalgar Shares, the Company has issued 400,001
new Ordinary Shares in relation to the above placing on identical terms to the
aforementioned Placing Shares ('Fee Shares'). Accordingly, application has been
made for the Consideration Shares, Trafalgar Shares and the Fee Shares
representing, in aggregate 14,198,178 shares, to be admitted to AIM. Admission
is expected to become effective and dealings in the Consideration Shares,
Trafalgar Shares and Fee Shares to commence on 8 April 2008. Following the issue
of these shares the Company's issued share capital now consists of 538,049,151
ordinary shares with voting rights.

Howard Crosby, TomCo's Chief Executive Officer, commented:

'We are extremely pleased to be able to join with the US public company, Avenue
Group, to re-develop the highly potential Heletz-Blur-Kokhav and Iris oil fields
in Israel. To have the potential for in excess of 100 million bbls at deeper
levels is truly exciting and would, on its own, transform your company into a
serious E&P player within the oil & gas sector.

Whilst we believe that this acquisition creates major new horizons for your
company, we will continue to expand our portfolio, both in the USA and
internationally, in order to build your company into an oil company with both
significant production and an aggressive exploration programme.'

Web Site: www.tomcoenergy.com


Enquiries:

TomCo Energy Plc +44 (0)20 7808 4857
Howard Crosby

Strand Partners Ltd. +44 (0)20 7409 3494
Warren Pearce

Bankside Consultants Ltd. +44 (0)20 7367 8888
Simon Rothschild


Notes for Editors

TomCo Energy Plc is an AIM listed Oil company with conventional oil investments
in the USA and an estimated 230m bbls of oil equivalent in Utah oil shale
leases. The CEO, Howard Crosby is a successful serial oil and resources
entrepreneur.

lizard - 10 Jun 2008 08:03 - 61 of 116

cheers billy. not invested but looking.

the CEO is speaking live 11am this am. believe can access interview through sharecrazy.com.

i will be listening.

oilyrag - 10 Jun 2008 08:11 - 62 of 116

Petrobras are doing something with oil shale leases in Utah. I wonder if TOMCO have sold them.

billywills - 10 Jun 2008 08:50 - 63 of 116

I think if tomco had sold them we would have known by now through an RNS oilyrag. But with major players like Petrobras and Mitsui investing heavily in utah where our leases are this has to be very positive news for tomco.

lizard - 10 Jun 2008 19:18 - 64 of 116

anyone watch the interview with the CEO on sharecrazy.com

?.

oilyrag - 11 Jun 2008 09:13 - 65 of 116

Yes.

billywills - 11 Jun 2008 09:33 - 66 of 116

You can listen to it here on the trading places section.

www.sharecrazy.com

Scroll down on the homepage and go to trading places and click on 10/06/08. it is +/-16 mins in on the show

lizard - 19 Jun 2008 08:12 - 67 of 116

encouraging rns today.
first production from Israel with two wells coming onstream. they are working over another three with a view to gradually increasing production over the next months.

the field has 88 existing wells (59 past producing) to survey and workover if required.

then further drilling and exploration on the block.

also positive signals coming from their Shale interests in the USA.

lizard - 19 Jun 2008 16:12 - 68 of 116

lots of buying today.

john50 - 19 Jun 2008 20:45 - 69 of 116

is it possible to add the plus markets monitor to the standard stockwatch

lizard - 20 Jun 2008 07:34 - 70 of 116

interesting article on Oilbarrel.

http://www.oilbarrel.com/home.html

any chance can change thread title to just TOMCO Energy?.

lizard - 20 Jun 2008 11:49 - 71 of 116

john- TOM.GB is the PLUS Mkt symbol.

interesting that mostly buys on this today, as most only have AIM pricing.

john50 - 20 Jun 2008 12:52 - 72 of 116

Lizard, tried typing symbol into stockwatch it did not work, works fine over on advfn now.

http://www.oilvoice.com/n/TomCo_Energy_Announces_Recommencement_of_Oil_Production_at_Heletz_Israel/b7e10403.aspx

FONTY - 20 Jun 2008 14:05 - 73 of 116

I like these and already spent the profits!

john50 - 21 Jun 2008 20:58 - 74 of 116

http://biz.yahoo.com/iw/080620/0409044.html

lizard - 22 Jun 2008 11:03 - 75 of 116

anyone notice Tomco's partner Avenue Energy up 119% on this news of starting production.

john50 - 22 Jun 2008 14:43 - 76 of 116

lizard have both tom.gb and avnu on my advfn monitor, cant get tom.gb or avnu to work on my stockwatch.

lizard - 22 Jun 2008 15:30 - 77 of 116

you need to ask your provider for PLUS Mkts pricing to add to your monitor.
Only available on my monitor friday.

Avenue are OTC traded just checked on their reaction to this news and sp was +118.75%.

john50 - 22 Jun 2008 21:01 - 78 of 116

lizard, Avenue did great on the news from Israel TOM has a lot of catching up to do.

lizard - 23 Jun 2008 07:55 - 79 of 116

agree.

billywills - 24 Nov 2008 15:52 - 80 of 116

Good news regarding TRACS report and Heletz operations via our partners Avenue Group Inc

NEW YORK, Nov 24, 2008 (GlobeNewswire via COMTEX) -- Avenue Group, Inc. (AVNU:avenue group inc com
News, chart, profile, more
Last: 0.020.00-14.89%

10:09am 11/24/2008

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Sponsored by:
AVNU 0.02, 0.00, -14.9%) ("Avenue") is pleased to announce the following update pertaining to the Heletz Field in southern Israel ("Heletz").
TRACS Report
Avenue is pleased to announce the outcome of the TRACS SPE compliant, independent Reserves and Resource evaluation and audit of the Heletz Field, Israel. The report covers the Cretaceous reservoirs, which form the main historical production horizon. Exploration potential in the Lower Jurassic limestone were outside the scope of the TRACS mandate and were therefore not included in the TRACS evaluation.
Based on a re-evaluation of historical production data from the field, including over 17 Million barrels of oil (bbl) produced from over 90 wells drilled since the field was discovered in 1955, TRACS calculated a mid-case (P50) original oil-in-place for the field of 94.4 Million bbl, with a range from 52.7 (P90) to 164.4 Million bbl (P10). This is a significant increase over the previously quoted figure of 50 Million bbl and reflects the TRACS view "that there is considerable remaining potential in the Heletz field."
TRACS have calculated the currently established gross field remaining recoverable reserves on a 1P (Proven reserves) and 1C basis (Contingent Resource) at 1.465 Million bbl, with 462,000 bbl being booked as P1 reserves and 1.003 Million bbl booked as C1.
The 2P reserves (Proven plus Probable) and 2C resource were calculated at 4.494 Million BO, with 974,000 bbl being booked as P1 reserves and 3.52 Million bbl booked as 2C resource.
The 3P reserves (Proved plus Probable plus Possible) and 3C resource were calculated at 10.438 Million bbl BO, with 1.87 Million bbl being booked as 3P reserves and 8.568 Million bbl booked as 3C resource.


Total Heletz Field
------------------
(in '000 of barrels)
--------------------

(1P) (2P) (3P)
Reserves (P) 0.462 0.974 1.87
Contingent Resource (C) 1.003 3.52 8.568
Total Resources (P+C) 1.465 4.494 10.438

Net Avenue Share
----------------
(in `000 of barrels)
--------------------

(1P) (2P) (3P)
Reserves (P) 0.163 0.336 .63
Contingent Resource (C) .337 1.241 3.053
Total Resources (P+C) .500 1.577 3.683


Part of the "considerable remaining potential" is the recognition of substantial additional volumes of oil in the carbonate reservoirs (e.g., the "Kokhav Dolomite") within the main Cretaceous reservoir section, through a partial waterflood of the field and through further infill drilling. Avenue believes that improved oil recovery rates may be recognized through the application of modern drilling, completion and reservoir management techniques.
Avenue continues to recognize significant exploration potential in the Lower Jurassic limestone formation below the Cretaceous reservoirs, but these targets were not included in the TRACS evaluation. Avenue is in discussion with several internationally recognized firms to commission a study on the potential for additional reserves in the Lower Jurassic limestone.
K27 Workover successfully completed
The K27 well originally went into production in November of 1986. It produced intermittently until September 3, 2008, when the well was shut-in due to low volumes. During that time, it produced approximately 15,200 barrels of oil, while production was limited both by paraffin buildup and by other mechanical issues.
Workover operations commenced on September 15 and were completed on October 6, 2008. The well was cleaned out, and known producing formations were re-perforated. It has taken several weeks to pump the drilling fluid and clean itself out and to stabilize production from the well. Avenue expects the production rate for K27 to continue to produce at a rate of 10-15 barrels of oil per day and estimated recoverable reserves of 28,600 barrels of oil.
"The TRACS report further confirms our belief in the current resource of the Heletz field and the significant potential to increase production and add reserves from a variety of plays. As the field is re-developed over the coming months, we can expect a good portion of the Resources to be upgraded to Reserves status," said Levi Mochkin, CEO of Avenue. "Furthermore, turning the non-performing K27 well into a producer via a low cost workover is illustrative of our ability to tap the significant potential of the Heletz field by reviving non-producing wells and turning them into revenue producing assets. This is good news for our company and for the State of Israel."
ABOUT AVENUE GROUP, INC.
Avenue Group, Inc. (AVNU:avenue group inc com
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Last: 0.020.00-14.89%

10:09am 11/24/2008

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Sponsored by:
AVNU 0.02, 0.00, -14.9%) owns a 50% interest in the Heletz-Kokhav License and a 25% interest in the Iris License, which together encompass the Heletz oilfield. The Heletz Field, Israel's only producing oil field, was discovered in 1955 and has produced over 17 million barrels of oil to date.
Certain statements in this announcement including statements such as "believes," "anticipates," "expects" and all similar statements regarding future expectations, objectives, intentions and plans for oil and gas exploration, development and production may be regarded as "forward-looking statements" within the meaning of the Securities Exchange Act of 1934, as amended. Forward-looking statements are based on the opinions and estimates of management at the time the statements are made. Management's current view and plans, however, are subject to numerous known and unknown risks, uncertainties and other factors that may cause the actual results, performance, timing or achievements of Avenue Group to be materially different from any results, performance, timing or achievements expressed or implied by such forward-looking statements. The various uncertainties, variables, and other risks include those discussed in detail in the Company's SEC filings, including the Annual Report on Form 10-KSB, for the year ended December 31, 2007 and its Quarterly Report on Form 10-Q for the period ended September 30, 2008. Avenue Group Inc. undertakes no duty to update or revise any forward-looking statements. Actual results may vary materially.
For further information, please visit our website at www.avenuegroupinc.com
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Avenue Group Inc.
Avenue Group, Inc.
Levi Mochkin
(888) 612-4188 ext. 4
IR@avenuegroupinc.com

(C) Copyright 2008 GlobeNewswire, Inc. All rights reserved.

billywills - 24 Nov 2008 16:22 - 81 of 116

RNS Number : 8104I
TomCo Energy PLC
24 November 2008



TomCo Energy plc




('TomCo' or the 'Company')




Results of the Independent Reserves and Resource Evaluation and Audit Undertaken by TRACS International Limited










TomCo Energy plc (AIM: TOM), an AIM listed company which has investments in conventional oil production in the United States and Israel, is pleased to announce the outcome of an independent Reserves and Resource evaluation and audit of the Heletz Field, Israel, in which the Company has a substantial interest1.




As announced on the 3 July 2008, the study was undertaken by TRACS International Ltd ('TRACS') on behalf of the Company and its partner and field operator, Avenue Energy Israel Ltd ('Avenue Energy').




Based on a comprehensive re-evaluation of the data collated from the field, including over 90 wells drilled since the field was discovered in 1955, TRACS estimate a mid-case (P50) original oil-in-place for the field of 94.4 MM bbl, with a range from 52.7 MM bbl (P90) to 164.4 MM bbl (P10). This estimate represents a significant increase over the previously quoted figure of 50 MM bbl, and reflects the recognition of substantial additional volumes of oil in lower quality carbonate reservoirs (e.g. the 'Kokhav Dolomite') within the main Cretaceous reservoir section. TomCo and Avenue Energy believe that a significant portion of this additional oil will be recoverable through the application of modern drilling, completion and reservoir management techniques, and, as noted by TRACS, 'that there is considerable remaining potential in the Heletz field'




Around 17 MM bbl have been produced from the field to date, mainly from the better quality sandstone reservoirs in the middle of the Cretaceous reservoir section. TRACS have calculated the currently established gross field Remaining Reserves2, on a 2P (Proved plus Probable) basis to be 974,000 bbl, of which 720,000 bbl are Undeveloped Reserves to be targeted by the planned 2009 workover and infill drilling campaign. The 3P (Proved plus Probable plus Possible) upside reserves are 1.87 MM bbl. The Company's net interest in these reserves is around 35%.









Reserves,

MM bbl
1P
2P
3P

Gross Field
0.462
0.974
1.870

Net to TomCo
0.163
0.336
0.630





Contingent Resources, MM bbl
1C
2C
3C

Gross Field
1.003
3.520
8.568

Net to TomCo
0.335
1.230
3.022








In addition, TRACS have identified 3.5 MM bbl of gross field '2C' Contingent Resources with up to 8.5 MM bbl in the upside, '3C' case. The majority of these Contingent Resources (ca 63%) are in the Kokhav Dolomite, but there are also significant resources identified through a partial waterflood of the field, and through further infill drilling. Again, the Company holds an average net interest of 35% in these resources. As the field is re-developed over the coming months, we expect a substantial portion of these Resources to be upgraded to Reserves status.




The Company continues to recognise a large exploration potential in deeper Jurassic limestones below the Cretaceous reservoirs, but these targets were not included in the TRACS evaluation.




Howard Crosby, the Company's CEO, comments: 'We are very pleased with the TRACS Report with original Oil-in-Place (P50) estimates almost double the figure previously released. It is also our belief that the planned work program for 2009 can significantly increase the proven and probable reserves and the Report also confirms the huge up-side potential that further exploitation can unlock at the Heletz Field.'




The technical information contained within this announcement has been reviewed and approved by Nicholas J. R. Wright, who is a professional geologist and a Qualified Person under AIM rules. Mr Wright has over 25 years experience as a petroleum geologist in the international Oil & Gas industry.




Enquiries:




TomCo Energy plc

Howard Crosby



+44 (0)20 7766 0078

Strand Partners Limited

Simon Raggett

Stuart Faulkner

David Altberg



+44 (0...





Glossary of terms:




Reserves - are those quantities of petroleum anticipated to be recoverable by application of development projects to known accumulations from a given date forward under defined conditions. For a full definition of Proved, Probable, Possible, 1P, 2P, 3P Reserves etc the reader is referred to the SPE-WPC-AAPG-SPEE 'Petroleum Resource Management System (2007)'




Contingent Resources - are those quantities of petroleum estimated, as of a given date, to be potentially recoverable from known accumulations by application of development projects, but which are not currently considered to be commercially recoverable due to one or more contingencies. For a full definition of 1C, 2C, 3C resources etc the reader is referred to the SPE-WPC-AAPG-SPEE 'Petroleum Resource Management System (2007)'




bbl - barrels of crude oil




MM bbl - millions of barrels of crude oil


--------------------------------------------------------------------------------



1 The Company has interests in two licenses covering the Heletz Field - a 25% working interest in the 'Iris License' in the central part of the field, and a 50% working interest in the larger 'Heletz License'.

2 The Reserves and Resources reporting standard adopted by TRACS is the SPE-WPC-AAPG-SPEE 'Petroleum Resource Management System (2007)'.


This information is provided by RNS
The company news service from the London Stock Exchange

billywills - 24 Nov 2008 17:14 - 82 of 116

Monday, November 24, 2008
TomCo Energy reports near doubling of oil-in-place in Heletz Field
company news image

TomCo Energy plc (AIM: TOM), the AIM listed oil and gas exploration and production company with investments in the United States and Israel, released an updated independent Reserves and Resource evaluation and audit of the Heletz Field, Israel.

The study, undertaken by TRACS International, ('TRACS') reported an mid-case (P50) estimate original oil-in-place for the Heletz Field of 94.4 million barrels, with a range from 52.7 million barrels (P90) to 164.4 million barrels (P10).

Tomco said the revised estimate represented a significant increase over the previously quoted figure of 50 million barrels. The additional resource largely emanated from the inclusion of substantial additional volumes of oil in lower quality carbonate reservoirs in the Cretaceous reservoir section of the field.

Around 17 million barrels have been produced from the field to date, mainly from the better quality sandstone reservoirs in the middle of the Cretaceous reservoir section.


TRACS International additionally calculated a 2P (Proved plus Probable) reserve of 974,000 barrels, of which 720,000 barrels are Undeveloped Reserves. Tomco and joint venture partner Avenue Energy will be targeting the undeveloped reserves in their 2009 work over and infill drilling campaign. The 3P (Proved plus Probable plus Possible) upside reserves are 1.87 million barrels. Tomcos net interest in these reserves is around 35%.

TRACS further indentified 3.5 million barrels of 2C Contingent Resources and 8.5 million barrels of 3C Contingent Resources. Approximately 63% are in the Kokhav Dolomite.

Howard Crosby, the Company's CEO, said: 'We are very pleased with the TRACS Report with original Oil-in-Place (P50) estimates almost double the figure previously released. It is also our belief that the planned work program for 2009 can significantly increase the proven and probable reserves and the Report also confirms the huge up-side potential that further exploitation can unlock at the Heletz Field.'

moneyplus - 25 Nov 2008 10:08 - 83 of 116

I have held these for a while now and watched the sp fall from 4p to 0.5p---this is excellent news and hopefully the start of a steady rise towards at least 5p!

oilyrag - 22 Jul 2011 07:03 - 84 of 116

We're back.

oilyrag - 19 Oct 2011 22:06 - 85 of 116

SP has doubled this last week, and is rumoured to be going much higher.

Red leaf has a suiter to back them. Opinion is that it may be TOTAL.

Our leases are adjacent to Red leaf's and some think a take over is possible.

Personnally I think Chris Brown will see us through to production.

The only way from here is up. IMHO DYOR.

skyhigh - 20 Oct 2011 20:05 - 86 of 116

Yep, looking good! topped up earlier this week @ 1.2p so v happy with current situation.

gibby - 20 Oct 2011 21:39 - 87 of 116

i am out now - however only concern is the technology available for this type of find? to make it commercial

skyhigh - 28 Oct 2011 00:04 - 88 of 116

Good luck gibby...understand your view.....I'll stay in for a good while and see how it goes (50% up on my original outlay)

skyhigh - 28 Oct 2011 00:04 - 89 of 116

Good luck gibby...understand your view.....I'll stay in for a good while and see how it goes (50% up on my original outlay)

kimoldfield - 02 Nov 2011 12:11 - 90 of 116

A bit more upward movement again.


I'm not sure if the following snippets from the TOM website have any bearing on the present rise or if I have even interpreted the final sentence right.

"TomCo has entered into a License with Red Leaf resources Inc, which owns the patent pending EcoShaleTM extraction process, to use this unique technology to extract oil from TomCos Leases.

Red Leaf Resources Inc, has developed the EcoShaleTM In-Capsule Technology to produce high quality liquid transportation fuels from oil shale, oil sands, coal, lignite and bio-mass using an environmentally sensitive process.

The EcoShaleTM In-Capsule Technology involves heating mined shale in a closed surface impoundment, or capsule. The process relies on conventional mining and construction methods and produces a shale oil with a much higher concentration of middle distillate than West Texas intermediate crude.

Two distinct synthetic shale oil products are produced in the process: a liquid oil of approximately 290 API gravity, and a condensate oil of around 390 API gravity. The resultant blended product is a high quality feedstock with an average 340 API and no fines. The process also results in synthetic natural gas production, allowing for a degree of energy self-sufficiency at the plant.

The technology requires little or no process water; it protects groundwater resources and vegetation, uses relatively low temperatures for heating and allows for rapid site reclamation.

Red Leaf Resources are planning a 9,500 barrels per day (bopd) commercial plant at their Seep Ridge site, which lies about 15 miles SW of TomCos Holliday Block lease. TomCos strategy is to develop the Holliday Block lease as a follow-on project to Seep Ridge."

"Presently Shell Oil and other major companies are developing economically feasible ways of producing oil from oil shale. Shell Oils In-situ Conversion Process (ICP), obtains 3.5 units of energy for every 1 unit of energy expended.
Shell has stated that within six to ten (6-10) years there will be techniques available to extract oil from oil shale economically at an oil price of $30 per barrel. The EcoShaleTM technology achieves this target"


Does the last sentence, "The EcoShaleTM technology achieves this target", really imply that the technology is 6 - 10 years ahead of Shell's?

skyhigh - 02 Nov 2011 19:26 - 91 of 116

Wow! doing nicely and lot more to come (imho)....bring it on!

kimoldfield - 03 Nov 2011 08:27 - 92 of 116

If the Red Leaf technology really does work then your name says it all skyhigh!

kimoldfield - 03 Nov 2011 14:58 - 93 of 116

I'm surprised that gibby hasn't been on here with a yeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa! ;o)

driver - 03 Nov 2011 15:15 - 94 of 116

This is going like a good un, not like poor old MTA today.

halifax - 03 Nov 2011 15:32 - 95 of 116

doesn't this yarn remind one of Braemore Resources.....beware!!

kimoldfield - 03 Nov 2011 15:40 - 96 of 116

Very speculative but there is certainly potential, shale oil is getting popular in the States.

kimoldfield - 04 Nov 2011 08:43 - 97 of 116

The expected "The Company notes the strong performance of its shares in recent days and, for the avoidance of doubt, confirms that it has no imminent corporate announcements." RNS has not dampened the enthusiasm too much at the moment!

I'm keeping TOM on my watch list. Have held a small holding for years, maybe it will be wise to keep holding?!

machoman - 16 Nov 2011 17:39 - 98 of 116

KEEP an EYE

2.325p ( 2.30 / 2.35p )

Strong buying this afternoon after 2.30pm and finishing with an "AT" and "UT" of 2.40p
The Candlestick of the day is a bullish one, white "Hammer" the norm is change of trend

p.php?pid=staticchart&s=L%5ETOM&width=60

machoman - 16 Nov 2011 17:47 - 99 of 116

TOM

p.php?pid=chartscreenshot&u=zrV%2B9gDqCm

kimoldfield - 30 Mar 2012 16:31 - 100 of 116

TomCo Energy plc ("Tomco" or the "Company") (AIM: TOM), the AIM quoted company with oil shale assets in the state of Utah, USA, announces that it intends to make a strategic investment of US$5m (the "Investment") into Redleaf Resources Inc. ("Redleaf") as part of that company's US$100m fund raising. Redleaf is raising equity in order to fund its joint venture agreement with a major international oil company and this financing is an important step in the implementation of that joint venture.

skyhigh - 09 Apr 2012 12:35 - 101 of 116

Will continue to hold...see what happens

mamborico - 01 May 2012 12:41 - 102 of 116

finance director placing a call option for 15M shares @ 3p...........

Director dealing

The Company was notified on 30 April 2012 that on 29 April 2012 Miikka Haromo, Finance Director, purchased for £1 a call option to acquire 15 million Ordinary Shares in the Company at a price of 3 pence per Ordinary Share from Kenglo One Limited. The option period commences on 21 July 2012 and ends on 31 December 2014.

dreamcatcher - 03 Jun 2012 13:53 - 103 of 116

Is it worth taking a bet on a clay capsule?
Tomco Energy is a risky business but the rewards for investors could be immense.
The shares could soar if the new process of extracting oil works.
Tomco is involved in the oil shale industry.
Till now it has been very costly and causes pollution.
The rock needs to be heated to high temperatures to release the oil.
Now a us company called Red Leaf has developed a way to release the oil.
They take the shale and encase it underground in heated clay 'capsules'.
They measure 300yrds long and 170 yrds wide and 50yrds high.
They are heated to 385c or 725F. After 100 days the rock starts to release oil
and by the end of the 210 process, the capsule should of produced 680,000 barrels of oil.
Read Leaf has been testing in Utah and early test results look positive.
Total (French oil giant) agreed last month to invest $320 million to help the company
with the process.
Tomco being just 10 miles from Red Leaf has acquired rights to use its capsule technology.
Reports show it has the potential to to extract 123 million barrels of oil from the shale
from its land.
So if it works there could be huge value in this firm.
Not a stock for the cautious,one more for the adventurous.

magicjoe - 08 Aug 2012 09:47 - 104 of 116

Has it reached bottom once again and ready to bounce?

Someone paid 1.54p above offer 1.50p for 1.295 million shares

Chart.aspx?Provider=Intra&Code=tom&Size=Chart.aspx?Provider=EODIntra&Code=TOM&Si

magicjoe - 08 Aug 2012 15:26 - 105 of 116

sure the only way is up from this point, plus director buying today >>>>>>

TomCo Energy Plc
Director dealing
The Company was notified on 08 August 2012 that on 08 August 2012 Mr Paul Rankine, CEO, purchased 1,295,301 Ordinary Shares in the Company at a price of 1.543 pence per Ordinary Share. This constitutes Mr Rankine's entire shareholding in the Company, representing approximately 0.08% of the Company's issued share capital.

robertalexander - 08 Aug 2012 21:11 - 106 of 116

Directors buy only worth 20k but was above the offer SP. wonder if there is any significance to that or just a larger than NMS purchase? not in myself but still on the watch list. hope it doesn't do a SAR before i make a decision to buy[or not]

kimoldfield - 09 Aug 2012 00:31 - 107 of 116

There are a couple of hurdles for TOM to get over yet but if all goes well TOM will be a 'must have' buy!

robertalexander - 15 Aug 2012 22:37 - 108 of 116

in at 1.5p was afraid i might not see that price again [which is surely a kiss of death] typically when i buy the price continues in reverse so i apologise to any holders in advance. one for the bottom drawer and fingers crossed the technology works as intended.
Bon chance

Alex

2517GEORGE - 12 Aug 2013 14:22 - 109 of 116

Red Leaf must be close to completing its review of capital and operating costs. Decent rise so far sp 1.18p
2517

robertalexander - 12 Aug 2013 16:44 - 110 of 116

i am still holding but at a loss[ well i did say i was the KoD]. not unduly concerned though as these should come good[50/50] and i will keep them in the bottom drawer a little longer.
Alex

kimoldfield - 12 Aug 2013 17:51 - 111 of 116

Don't buy any more Alex, we want the SP to carry on up! ;o)

Not much has happened in the last 12 months, still a couple of hurdles to go but they may be drawing closer. Red Leaf Resources are recruiting an EPS Civil Construction Manager and a Site HSE Representative for the Company's Seep Ridge site so on the face of it things are moving in the right direction.

kimoldfield - 13 Aug 2013 10:14 - 112 of 116

The SP be more excitable towards the end of September then!


13 August 2013
TomCo Energy Plc
("TomCo" or "the Company")

Statement re: Share Price Movement

The Company notes the strong performance of its shares in recent days and, for the avoidance of any doubt, confirms that it has no imminent corporate announcements. However, TomCo is aware that the Utah Division of Water Quality is soliciting comments prior to 27 September 2013 on its request to issue a ground water discharge permit to Red Leaf Resources Inc. For further information, please visit http://www.waterquality.utah.gov/PublicNotices/docs/2013/redleaf/.

Enquiries:

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

kimoldfield - 02 Jun 2014 16:34 - 113 of 116

This may start an upward twitch in TOM's sp:-

The Utah Division of Water Quality has issued a Construction Permit to oil shale development company Red Leaf Resources for its EcoShale™ production capsule. Red Leaf now has all required permits in place and is poised to launch a 300,000 barrel commercial demonstration project in Uintah County, Utah.

Red Leaf’s initial capsule will be the first commercialization of oil shale in North America. This is a significant step for the oil shale industry given that the Green River Formation -- which underlies Utah, Wyoming and Colorado -- is considered the richest deposit of oil shale resource in the world. The U.S. Geological Survey estimates that the formation holds more than 3 trillion barrels of oil, with more than 77 billion barrels of recoverable oil in the Uinta Basin alone.

kimoldfield - 12 Jun 2014 11:14 - 114 of 116

Environmental groups, led by Living Rivers agree to drop appeal of large mining operation permit awarded to Red Leaf Resources by Utah’s Division of Oil, Gas & Mining. No obstacles left in Red Leaf's path so if TOM is not on your watch list put it on now, that is my advice!

gibby - 26 Sep 2014 07:15 - 115 of 116

RED ALERT RED ALERT - maximum shields!! 0.5p placing - abandon ship!!

TomCo Energy PLC

Issue of Equity


RNS Number : 6740S

TomCo Energy PLC

26 September 2014






TomCo Energy plc

("TomCo" or the "Company")



Successful placing of Ordinary Shares to raise £1.0 million



TomCo Energy plc (AIM: TOM), the oil shale exploration and development company focused on using innovative technology to unlock unconventional hydrocarbon resources, is pleased to announce that it has raised gross proceeds of £1.0 million (before expenses) through the conditional placing (the "Placing") of 200,000,000 new ordinary shares of 0.5p (the "Placing Shares") in the capital of the Company with new and existing investors at 0.5 pence per Placing Share (the "Placing Price").



Operational update

The Company recently submitted the final details required by the Utah Division of Oil, Gas and Mining concerning TomCo's Notice of Intention to Commence Large Mining Operations and the Ground Water Discharge Permit application is progressing with final submission expected during Q4 2014.

TomCo's technology suppliers, Red Leaf Resources Inc ("Red Leaf") are progressing well in their move into the full construction phase of their Early Production Capsule ("EPS") on their licence area 15 miles west of TomCo's Holliday Block. The Board understands that first oil will be produced from Red Leaf's EcoShale™ In-Capsule in 2015 and expects the Final Investment Decision by Total E&P USA Inc in relation to the joint venture with Red Leaf within 18 months. Additionally, under the licence agreement entered into between Red Leaf and TomCo in March 2010 the Company will be able to leverage off the Red Leaf's implementation experience from construction of their EPS capsule.



Use of proceeds

The Directors intend that the net proceeds of the Placing will be used to complete the permitting process at the Company's Holliday Block, Utah in the United States and for working capital purposes. The Company has a low cost base with an annual cash burn of US$1.2m. As a result of the Placing the Company will now have sufficient working capital for at least 12 months from the date of this announcement.



Issue of fees to advisers

The Board have also approved the issue of 3,000,000 ordinary shares of 0.5p at the Placing Price to advisers in lieu of fees (the "Fee Shares").



Admission

The Placing Shares and Fee Shares issued will rank pari passu in all respects with the existing ordinary shares. Application has been made to the London Stock Exchange for the Placing Shares and Fee Shares to be admitted to trading on AIM and admission is expected to take place on 2 October 2014. Following admission of the Placing Shares and Fee Shares, the enlarged issued share capital will amount to 2,072,455,744 ordinary shares of 0.5p each.

The Company does not hold any shares in treasury and the above figure may therefore be used by shareholders as the denominator for the calculation to determine whether they are required to notify their interest in, or a change to their interest in, the Company under the Financial Conduct Authority's Disclosure and Transparency Rules.



Holdings on Completion of the Placing

The Directors' interests in the Company's issued share capital following completion of the Placing are set out below.





Prior to the Placing

Placing Shares

Following the Placing





Number

Percentage of Issued Share Capital


Sir Nicholas Bonsor

Non-Executive Chairman

-

1,550,011

1,550,011

0.07%


Paul Rankine

CEO

1,295,301

3,564,436

4,859,737

0.23%


Miikka Haramo

CFO

-

2,673,327

2,673,327

0.13%




Paul Rankine, CEO commented:

"I am pleased by the support shown by new and existing shareholders as we progress towards completion of the permitting process at the Holliday Block.

As a shareholder myself, I am aware that dilution of existing shareholders is a concern and issuing equity was not a decision the Board took lightly. However, the Board believes that ensuring the company is fully funded through the permitting process and beyond is vital. We look towards an a potentially transformational period for the Company, with first oil expected from Red Leaf Resource's Seep Ridge project planned in 2015. TomCo has a strengthened balance sheet as we look to move our asset forward towards development."





For further information please contact the following:




TomCo Energy plc

Tel: +44 20 7917 6822


Paul Rankine, CEO / Miikka Haromo, CFO







Shore Capital (Nomad & Broker)

Tel: +44 20 7408 4090


Nominated Adviser





Pascal Keane / Edward Mansfield







Corporate Broking





Jerry Keen





Tavistock Communications (Financial PR & IR)

Ed Portman / Jos Simson

kimoldfield - 09 Apr 2018 10:43 - 116 of 116

This dead dog is talking, will it start walking?!
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