Field Test Update

RNS Number : 6442G

TomCo Energy PLC

25 July 2019

 

25 July 2019

TOMCO ENERGY PLC

("TOMCO" OR THE "COMPANY")

 

Field Test Update

TomCo Energy plc (AIM: TOM), the US operating oil shale exploration and development group focused on using innovative technology to unlock unconventional hydrocarbon resources, provides the following update regarding the field test programme at the Company's Holliday A Block in Utah (the "Field Test").

Further to the Company's announcement of 4 July, the Company is pleased to announce that the Field Test is running to schedule, with drilling works having already commenced and the Field Test team is due to arrive on site next week ahead of commencing the live testing phase of TurboShale Inc.'s RF technology in early August.

Andrew Jones, Chairman, commented: "I'm sure shareholders will agree, this is a very exciting time for the Company. I would like to thank John and the team for all their hard work and we look forward to providing further updates over the coming weeks as the Field Test progresses."

Enquiries:

TomCo Energy plc

Andrew Jones (Chairman) / John Potter (CEO)                               [phone]

Strand Hanson Limited                                                                       (Nominated Adviser)

James Harris / Richard Tulloch / James Dance                              [phone]

Turner Pope                                                                                            (Broker)

Andy Thacker                                                                                           [phone]

 

For further information, please visit www.tomcoenergy.com.

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) No 596/2014.

 

END

 

 

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