Final Results

TomCo Energy PLC
22 February 2007


                                TOMCO ENERGY PLC
                           ('TomCo' or 'the Company')

           PRELIMINARY RESULTS FOR THE YEAR ENDED 30 SEPTEMBER 2006


TomCo (TOM.L), the oil mining and production company, today announces its
Preliminary Results for the year ended 30 September 2006.

HIGHLIGHTS

   •The Company, previously known as Netcentric Systems Plc, operated as a
    cash shell until the completion of the reverse acquisition of The Oil Mining
    Company Inc on 16 January 2007.

   •£1,781,200 was raised through the placing of 71.28 million new ordinary
    shares.

   •Proceeds to be used as working capital and to enable the Company to
    investigate and take advantage of potential investment opportunities.

   •The Company's shares were re-admitted to trading on AIM on 16 January
    2007.

   •Howard Crosby, John Ryan and Paul Hughes were appointed to the Board.

   •The subsequent acquisition of a 40 % working interest in the Flusche Oil
    Well, and 20 % working interest in a five well drilling program in Overton
    and Fentress counties in the State of Tennessee.

Stephen Komlosy, Executive Chairman of TomCo, commented:

'On 16 January 2007, Netcentric Systems plc completed the reverse acquisition of
The Oil Mining Company Inc. which owns two separate groups of mineral leases on
a total holding of 2,900 acres of oil shale prospects in the state of Utah, USA.
SRK, the independent firm of mining consultants reporting on the acquired
leases, has estimated these leased oil shale claims to contain some 230 million
barrels of oil.

In conjunction with the acquisition, the Company raised a gross total of
£1,781,200 through the placing of 71.28 million new ordinary shares, at a
placing price of 2.5 pence, which will be used as working capital and also to
enable the Company to investigate and take advantage of potential investment
opportunities, at the same time the Company changed its name to TomCo Energy Plc
and was re-admitted to trading on AIM. On this date John Ryan, the president of
The Oil Mining Company Inc., was appointed to our Board as Commercial Director.

The acquisition and the recruitment of John Ryan followed the earlier
appointment of Howard Crosby to the Board in March 2006, whose purchase of 29.9%
of the Company, from PSG Solutions Plc, heralded a change in focus to the energy
industry in regard to our search for new business for the Company. Howard's
success with US based oil and gas and resource companies includes Cadence
Resources Inc an oil and gas company, which, during the time he was president
and John Ryan was Chief Financial Officer, increased from a market value of
under $1million to $450million, over the five years from 2001 to 2006.

Between April and August 2006, the Company undertook a placing to raise working
capital and to fund the initial costs of a reverse acquisition. This placing
raised $532,000 at a price of 2 US cents per ordinary share.

Although there has been recent advances in the technology to extract oil from
oil shale, US oil shale is not yet being commercially exploited on any scale,
but your Board believes that this situation will change over the next six years
and that the huge strategic and commercial pressures together with current
supply anxiety will, in this time frame, induce the USA to create an oil shale
industry similar to the way the Canadian oil tar sands industry was created.

The Board's strategy for the future is to hold the oil shale assets in reserve
until such time as their exploitation becomes commercially and economically
viable, whilst creating an investment portfolio of conventional North American
based shallow producing oil assets and proven undeveloped wells utilising the
expertise and industry contacts of Howard Crosby and John Ryan. In accordance
with this plan we have already announced our 40% interest in Flusche Well in
Wichita County, Texas and a 20% interest in a five well drilling programme in
Overton and Fentress counties in Tennessee and we expect to announce more
investments shortly.


Shareholders may be interested to view the Company's web site,
www.tomcoenergy.com which contains a summary of our current strategy of
participation in oil producing wells and prospects and contains detailed
information about US oil shale and related interesting links to US Government
sites, the Company's share price (twenty minute delay) together with press
articles and Company announcements as they are made.'


For further information, please contact:

TomCo Energy Plc
Stephen Komlosy                            Tel: [phone]

Strand Partners Limited
Simon Raggett                              Tel: [phone]
Warren Pearce
Thomas Lockyer

Bankside Consultants                       Tel: [phone]
Simon Rothschild
Louise Mason



                                TomCo Energy Plc
                            ('TomCo or 'the Company')
                                        
            PRELIMINARY RESULTS FOR THE YEAR ENDED 30 SEPTEMBER 2006
                                        
                              CHAIRMAN'S STATEMENT                                        

The appointment of Howard Crosby to our Board in March this year, after he
purchased 29.9% of the Company from PSG Solutions Plc, heralded a change in our
focus in respect to the search for a new business for the Company. Howard's
success with US based oil and gas and resource companies has guided us in this
direction for a suitable 'reverse' takeover where we can, in the future, take
great advantage from his superior knowledge and expertise. As a result, we are
now in the 'due diligence' stage of an acquisition in the US energy sector which
we are expecting to close before Christmas.

Owing to the change of the Stock Exchange rules with regard to 'investment' or
'shell' companies like Netcentric (Rule 15), which resulted in the suspension
from trading of the Company's shares on AIM on 30 June 2006, there is great
pressure on the Board to complete an acquisition transaction before the end of
the year so that our AIM facility will not be cancelled on 31 December 2006.

During the year the two non-executive directors Emanuel Mond and Paul Hughes
stepped down from the Board when Howard Crosby was appointed and again I would
like to thank them both for their wise counsel and help during the whole period
that they have been directors of the Company. Paul Hughes was subsequently
reappointed to the board on 31st October 2006 to help guide the company through
its new plans.

Stephen Komlosy
Chairman
21 December 2006




TOMCO ENERGY PLC
INCOME STATEMENT
FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2006
                                                         2006              2005
                                                        £'000             £'000
                                                        --------        --------
Continuing operations                                      
Revenue                                                     -                 -

Cost of sales                                               -                 -
                                                        --------        --------
Gross profit                                                -                 -

Administrative expenses                                   (131)            (83)
                                                        --------        --------
Operating loss                                            (131)            (83)

Interest receivable and similar income                       4               6
                                                        --------        --------
Loss before taxation                                      (127)            (77)

Taxation                                                -                    -
                                                        --------        --------
Loss for the year                                         (127)            (77)
                                                        --------        --------
Attributable to equity holders of the
company                                                   (127)            (77)



EARNINGS PER SHARE                                       2006              2005
                                                       --------         --------
                                                      Pence per        Pence per
                                                         share            share
                                                       --------         --------
From continuing and discontinued
operations
Basic                                                     (0.09)         (0.06)
Diluted                                                   (0.09)         (0.06)

From continuing operations
Basic                                                     (0.09)         (0.06)
Diluted                                                   (0.09)         (0.06)




BALANCE SHEET
AS AT 30 SEPTEMBER 2006
                                                          2006            2005
                                                         £'000           £'000
                                                        --------        --------
ASSETS
Non current assets
Property, plant and equipment                                2               -
Available for sale investments                              94               -
                                                        --------        --------
                                                            96               -
                                                        --------        --------
Current assets
Trade and other receivables                                 86              99
Cash and cash equivalents                                   83               3
                                                        --------        --------
                                                           169             102
                                                        --------        --------
LIABILITIES
Current liabilities
Trade and other payables                                   (47)            (28)
                                                        --------        --------
                                                           (47)            (28)
                                                        --------        --------
Net current assets                                         122              74
                                                        --------        --------

                                                        --------        --------
Net assets                                                 218              74
                                                        --------        --------
SHAREHOLDERS' EQUITY
Share capital                                              832             699
Share premium account                                      188              50
Retained earnings                                         (802)           (675)
                                                        --------        --------
Total equity                                               218              74
                                                        --------        --------



CASH FLOW STATEMENT
FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2006

                                                         2006             2005
                                                        £'000            £'000
                                                       --------         --------
Cash flows from operating activities
Cash generated from operations                            (99)            (165)
Interest received                                           4                6
                                                       --------         --------
Net cash used operating activities                        (95)            (159)
                                                       --------         --------

Cash flows from investing activities
Purchase of equipment                                      (2)               -
Purchase of investments                                   (94)               -
                                                       --------         --------
Net cash used in investing activities                     (96)               -
                                                       --------         --------

Cash flows from financing activities
Issue of share capital                                     271               -   
Net increase/(decrease) in cash and cash equivalents       80             (159)

Cash and cash equivalents at beginning of financial
period                                                      3              162
                                                       
                                                       
Cash and cash equivalents at end of financial          --------         --------
period                                                     83                3 
                                                       --------         --------


Significant non cash transactions:

The loan outstanding from Coolcharm Gold Mining Company Limited of £94,214 was
repayable on demand. On 20 March 2006 the loan was duly settled in full by the
issue of 471,070 Ordinary 0.0001p shares at 20p per share in accordance with the
terms of the original loan agreement.

NOTES

The figures set out above are derived from the audited accounts of TomCo Energy
Plc for the year ended 30 September 2006. The 2006 accounts will be sent to
shareholders shortly.

The Company's financial statements have been prepared in accordance with
International Financial Reporting Standards (IFRS) and International Financial
Reporting Interpretations Committee (IFRIC) interpretations endorsed by the
European Union (EU) and with those parts of the Companies Act 1931 to 2004
applicable to companies reporting under IFRS.

This is the Company's first financial statements prepared under IFRS and
therefore, IFRS 1 'First-time Adoption of International Financial Reporting
Standards' has been applied. The last financial statements that were prepared
under UK Generally Accepted Accounting Principles (UK GAAP) were for the year
ended 30 September 2005.

The financial information contained in this announcement does not constitute
full accounts within the meaning of section 254 of the Companies Act 1985 and
are not for the purposes of Section 240 of the Companies Act 1985.







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