Tomco Energy Listing commences 21st July
TomCo Energy Plc is a London based, public company with oil shale assets in the State of Utah, USA.
•100% interest in 2 State leases (7 blocks) covering 2,918 acres (4.6 sq miles), in the Uinta Basin, Utah. Estimated by SRK Consulting to contain some 230m barrels of oil.
•123 MM bbl of shale oil resources ('Indicated Mineral Resource') on TomCo's Holliday Block Lease acreage.
•Additional resources on the other Lease
•Holliday Block will be developed using innovative EcoShaleTM technology.
•ca 80 million barrel development project over 20 years.
•Technology demonstrated in pilot operation.
•Breakthrough license agreement signed in March 2010 with Red Leaf Resources Inc for the use of EcoShaleTM 'in-capsule' technology (see deleted Patent Pending) on TomCo leases.
•Experienced Management Team.
