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
- 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.
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