im getting more a pure punt but 70/30 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

rumoured re-listing of of tomco energy/TOM in an rto.The Board of TomCo will continue to investigate appropriate corporate
opportunities for the Company and will continue to investigate possibilities for
the development of the Company's oil shale asset in Utah, USA, with the
intention of relisting an enlarged entity on AIM. Both a corporate transaction
and the development of the oil shale asset will require funds to be raised via a
placing, which TomCo shareholders will be invited to participate in.

TOMCO ENERGY PLC

("TomCo" or "the Company")

Completion of a GBP 2m Convertible Loan with Kenglo One Ltd and an Addendum to
the two agreements entered into with Avenue Group Inc (Avenue) on 1st April
2008 (Farm-in and Joint Operating Agreement [JOA])

TomCo Energy Plc is pleased to announce the completion of a Convertible Loan of
GBP 2m with Kenglo One Ltd on 29th December 2009. This money will be used by
the Company as working capital and to continue the re-development of the Heletz
Oil Field in Southern Israel (Heletz) (commenced in May 2008) with a gross
production target of 400 barrels of oil per day (bopd) by the end of 2010. The
Convertible Loan has a term of two years, is convertible at anytime at 1.5p per
share (a total of 133,333,333 shares), has an interest rate of 12% per annum
and, subject to conditions, TomCo has the right to call for conversion.

The issue of this Convertible Loan represents the second part of the three part
programme of commercial involvement of Kenglo One Ltd with TomCo which was
announced on 14th December 2009.

The Addendum signed with Avenue, inter-alia, retracts the previous purported
termination by Avenue of the Farm-in and JOA and provides for TomCo to cancel
the Arbitration proceedings and contains an agreement by TomCo to pay certain
previous 2009 Cash Calls made by Avenue in accordance with the terms of the JOA
and Farm-in. The Addendum is expected to complete on 31st January with the time
between the signing on 29th December 2009 and the Closing being used by Avenue
to up-date accounts and production information to TomCo and for the parties to
prepare and agree the development programme for 2010.

TomCo Energy Plc is an oil company with conventional oil investments in the USA
and Israel with 2P reserves of 336,000 barrels of oil in Israel and holds oil
shale leases in Utah with Potential Resources of 120 to 230 million barrels of
oil.

Stephen Komlosy CEO Commented:

We are pleased to restore our relationship with Avenue Group Ltd and to be able
to continue our joint re-development of the Heletz fields where the potential
for significant oil production with large scale exploration upside is an
attractive investment for the Company. Closing the 2m Convertible Loan with
Kenglo One Ltd assures our future and will enable the Company to re-apply for
admission to AIM during the first quarter of 2010.

I see everybody is rapidly placing you on the filter list elsewhere for spamming
so many sites and popular threads with your pump and dumps william.

One day you will get caught out with all these made up rumours you create.