thehub
- 29 Jan 2010 07:41
TomCo is a Public company which is actively developing a conventional oil production profile in Israel. 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.
TomCo Energy Plc is incorporated in the Isle of Man with Company Number 36102C, at 60 Circular Road, Douglas, IOM 1MI 1SA. The Company's main countries of operation are the United States of America and Israel.
The Company's shares are not currently quoted, but the Company's American Depositary Receipts (ADRs) are quoted on the Pink Sheets over-the-counter market in the United States of America. The Company's securities are traded on no other exchanges. The rights of shareholders are governed by the Articles of Association and the rights of ADR holders are governed by the Deposit Agreement with the ADR issuer, the Bank of New York, on behalf of the Company. The Deposit Agreement is available on this website under the Form F-6 filing.
Information in this website has been displayed pursuant to Rule 26 of the AIM Rules for Companies.
The Board
Information on the Board and their responsibilities can be found here
Board Sub-Committees
Audit Committee Paul Hughes (Chairman)
John May
Stephen Komlosy
The Audit Committee is to meet at least three times a year to consider the integrity of the Financial Statements of the Company, including its annual and interim accounts; the effectiveness of the Company's internal controls and risk management systems; audit reports and the terms of the appointment and remuneration of the auditor.
Remuneration Committee Paul Hughes (Chairman)
John May
The Remuneration Committee is to meet at least twice a year and has as its remit the determination and review of, amongst others, the remuneration of executives on the Board and any share incentive plans of the Company
http://www.tomcoenergy.com/dyn/company_information_html. It is a snapshot of the page as it appeared on 25 Jan 2010 15:25:21 GMT