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.

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

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

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

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

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

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

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?!

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

TOM

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.

Will continue to hold...see what happens

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.

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.

Has it reached bottom once again and ready to bounce?

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

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.

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]

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

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

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

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