Investment in Oil Wells

TomCo Energy PLC
25 May 2007


                                TomCo Energy Plc
                           ('TomCo' or 'the Company')

        Acquisition of Interest in Two Oil Leases in South Eastern Texas

TomCo today announces that it has acquired a 50 per cent. working interest in
the Abel and Saratoga leases in South Eastern Texas. The two leases, which are
approximately 15 miles apart, were acquired in a private sale for a total cash
consideration of US$972,000.

The Abel lease, located in Hardin County, Texas, consists of approximately 100
acres on a salt dome structure and is historically one of the most prolific oil
plays in South Eastern Texas. There are currently three wells producing on the
lease at an aggregate rate of approximately 15 barrels per day. The Company and
its joint venture partner, Mark III Energy ('Mark III') of Lubbock, Texas, plan
to drill another ten wells on the Abel lease over the next two years. The
partners hold 50 per cent. working interest each, and an 82 per cent. net
revenue interest after landowner royalties. Based upon historical results, the
new wells are considered Proved Undeveloped locations with low risk, and initial
production rates of 20 barrels per day per well are anticipated.

The Saratoga lease, located in Liberty County, Texas, comprises approximately 80
acres and is also on a salt dome structure. TomCo and Mark III hold 50 per cent.
working interest each, and have a 97 per cent. net revenue interest. There are
currently six wells producing on the lease producing an aggregate 20 barrels of
oil daily. TomCo and Mark III plan to drill another seven wells on Proved
Undeveloped locations on the Saratoga lease over the next two years.

Mark III will operate all of the wells on both leases through its operating
subsidiary, BHB Operating Company. The Company is currently assessing the oil
Reserves attributable to these leases, and will make an announcement in due
course.

Howard Crosby, CEO of TomCo commented: 'The acquisitions of these leases are
further examples of our unfolding strategy and come through our contacts built
up during our tenure at another US listed oil exploration and production
company. We are looking at a large number of opportunities and we look forward
to further announcements in the near term.'

For more information contact:

TomCo Energy Plc                           Tel: [phone]
Stephen Komlosy

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

Bankside Consultants                       Tel: [phone]
Simon Rothschild
Louise Mason

The information in this release has been reviewed by Nicholas Wright, who is a
qualified person for the purposes of the AIM Guidance Note for Mining, Oil and
Gas Companies. Mr. Wright is a Director of Greensand Associated Limited and is a
qualified petroleum geologist with over 30 years experience in oil and gas
exploration and production.




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