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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.

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

###+++!
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