Mut Fed Ins Nm Share Discussion Threads

[thetworonnies] 03/6/2007 21:50

TOM

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.'



gregord - 27 May'07 - 09:53 - 4855 of 4883


You don't need to read between the lines, it's there in black and white!

"unfolding strategy"
"a large number of opportunities"
"further announcements in the near term"

Very exciting.




Getting very tempted to join in at the next Cadence Resources namely TomCo Energy....



Reckon that as soon as the 4p to 5p consolidation range is done with TOM will hit 10p in double quick time....

[jimbobgr] 28/5/2007 13:57

Is it correct that shares are 'ISA'ble' if dual listed,

In which case check out KLG, big partner, high potential, keeps 33% if progresses to mining (partner will fund them if necessary), partner says watch out for red hot targets, drilling underway

[emptyend] 28/5/2007 13:18

You don't need to read between the lines, it's there in black and white!

"unfolding stRAtegy"
"a large nuMber of oPportunities"
"further announcements in the near term"

....so it is.....;-)

[chay01] 25/5/2007 22:23

BPRG ... DYOF(eckin)R....;-)

[emptyend] 25/5/2007 22:16

There must be one or two lurking out there.

Which small/micro cap company will make it big in 2007.

I've only just seen this thread. But this one is well worth a look.....check out the newsflow indicated in the results today:



Warning though.....they are EXTREMELY difficult to buy.

ee

[the big fella] 25/5/2007 09:58

Glad to have been of assistance.

[james 2] 25/5/2007 09:48

Big fella, I took your advice and am very pleased thank you very much. Keep up the research on your thread much appreciated. FWIW IIR results are out in the next couple of weeks & worth keeping an eye out for, they are then exhibiting at the GCI Show the following week as part of their investor relations push.

Cheers

[the big fella] 25/5/2007 09:41

Eyeconomy on PLUS is now officially a 10 bagger since I bought at 4.5p last nov. Online bid now 45.2p. I hope a few took my advice earlier in this thread. I had a beer with the Chairman yesterday and he clearly thinks there is more to come as he bought more shares yesterday. His target is a minimum of a pound but highly likey this will go much higher.

[roberto dimatteo] 24/5/2007 21:01

AIM LISTED TOMCO ENERGY/TOM



Take a look Norway3 at an earlier post from Skiboy10 on the subject of potential news flow from TOM over the coming weeks....



Skiboy10 - 24 May'07 - 09:49 - 4644 of 4704


Hi mclellan - good to see you here :o)

I think Roberto summed it up quite well when he said he heard a rumour from across the pond that 4-6 bits of news could be released by the end of June.

There is certainly plenty to be updating the market with and of course we may hear about the ADR programme in the US that was mentioned in Dublin and also in the Daily Mail a couple of weeks ago.

Possible updates

Flusche well update
5 well programme in Tennessee
Rock Crossing prospect update
ADRs
New deals?

[roberto dimatteo] 24/5/2007 20:45

FYI Master RSI found this on one of the [ADVFN] IPO threads. It would appear that CHINA focused cash shell PHOENICIAN CORPORATION III is listing on PLUS Markets tomorrow morning although no one seems to know the ticker yet! Looks interesting as does the fact that two TomCo Energy / TOM directors sit on the board namely John May and Gerard Thompson.



PHOENICIAN CORPORATION III



The Company proposes to invest in Chinese companies in the manufacturing sector
which have products with international applications by acquisition of all or
part and will also consider acquiring all or part of companies foreign to China
which carry on the bulk or a significant amount of their manufacturing business
in China and serve international markets.

The Directors intend to utilise their worldwide and Chinese contacts in industry
to identify and actively pursue commercial acquisition opportunities with a view
to consolidation of manufacturing companies to create an aggressive established
group. They consider that this strategy may potentially derive superior market
multiples and investor returns. The Directors have collectively a successful
track record of completing medium and large scale transactions and acquisitions
and achieving internal growth. The Directors consider their combined experience
both in achieving internal growth and within the manufacturing sector, and their
extensive knowledge of international business including activities in the US,
Europe and other parts of the Far East, together with their familiarity with
Chinese and general commerce are important assets that will assist the Company
to implement its business strategies and pursuing its growth strategies.



DIRECTORS
John May FCA

Mr. May is currently a Director of AIM listed Netcentric Systems Plc, AIM listed
Platinum Diversified Mining and Nasdaq listed Avatar Systems Inc. Mr May is also
Chairman of CISX listed company Southbank UK Plc. Its subsidiary Hayward Tyler
has manufacturing and service facilities located in China, and includes The
Shanghai Boiler Company amongst its customers. He was previously Finance
Director of AIM listed London & Boston Investments and a Non-Executive Director
of AIM listed Croma Group Plc


Mr. May focuses on advising companies on finance raising, mergers and
acquisitions, business strategies and entry onto the PLUS and AIM markets. He
was previously a Senior Partner at Horwath Clark Whitehill, a UK Accountancy
firm, for 17 years, including 8 years on the Managing Board. Mr. May is the
Policy Director and Deputy Chairman of the Small Business Bureau Limited and
Deputy Chairman of the Genesis Initiative, which are lobbying groups to
Government on behalf of small businesses. He is regularly involved in presenting
UK small and medium enterprises to Chinese delegates in the Houses of
Parliament. He is also a Conservative Borough Councilor. Mr. May qualified as a
Chartered Accountant in 1974 having previously gained his DIA at the University
of Bath Management School in 1970 and his BA from the University of London in
1969.

Gerard Thompson

A Yale University graduate with post graduate training at Johns Hopkins
University, the University of Miami and the Open University, Mr. Thompson's
early career was in investment banking, marketing, new business development and
corporate finance. A former public company chairman, currently, he is a
director of two public companies trading on AIM (of the London Stock Exchange),
two U.K. private companies and a partner in a financial consultancy. Mr.
Thompson has over twenty years of banking experience working with leading
investment banks including Merrill Lynch and American International Group
("AIG") in the Caribbean, Spain, France and the U.K. as well as fifteen years
experience with both private and public companies as a director and a senior
level manager. In particular during his time at AIG, Mr Thompson was involved
in the formation of the first foreign consortium to build a new commercial
infrastructure in Shanghai. As a financial consultant, he has spearheaded IPO's,
refinancings and turn-arounds, as well as advising Canadian companies on
expansion in China. Mr. Thompson is active in promoting small and medium sized
business causes through legislative changes, is a member of the Genesis Patrons
Group, advising Parliament on small business needs. He is an independent,
qualified and accredited mediator, is conversant in French and Spanish and is
married with two children.

[roberto dimatteo] 23/5/2007 07:30

23.05.2007

HAWK

Nighthawk Energy Set To Step On The Gas In Utah As The BLM Okays Pipeline Tap
Nighthawk Energy is set to take its Cisco Springs project in Utah to the next stage with the installation of a pipeline tap and new gathering and compression facilities. The key to this construction project was gaining approval from the US Bureau of Land Management: after extensive environmental surveys this has now been secured and, according to Nighthawk's managing director David Bramhill, "it is all systems go".

This is a significant step forward for AIM-quoted Nighthawk, which has a 37.5 per cent interest in the project along with operator Running Foxes Petroleum, a privately-owned Denver company. Until now the two companies have been piping their gas into the main Northwest Pipeline via a third party-owned pipeline, which charges a fee and has limited capacity of 1 million cubic feet per day.

Now the partners plan to install their own eight-inch pipeline and tap, linking directly into the Northwest Pipeline, and build their own gas gathering, refrigeration and compression facilities. This will boost offtake capacity to 8 million cf/d and improve project economics by eliminating the third party pipeline tariff.
This is likely to represent a significant uplift in project revenues. When TSX-listed Admiral Bay, for example, installed its own pipeline tap on the Shiloh coal bed methane project in Kansas, giving it direct access to a high pressure 400 million cf/d gas line linking up to gas-hungry markets in the east, the company saw an immediate jump in volumes and began to receive full price for its gas, almost a third more per thousand cubic feet.
The pipeline tap will also give Nighthawk and Running Foxes a competitive edge in the area: other companies that buy up land will either have to partner with them and pay tariffs to access the pipeline or will have to invest heavily to build their own infrastructure.

This is important because much of the project upside depends on the companies acquiring additional lands. Already the land held has increased from 8,000 acres at the time of Nighthawk's March 2007 IPO to 17,000 acres and the partners hope to add to this portfolio in a BLM land auction, to be held in August.

"These properties are just littered with old wells," said Bramhill. "In the old days people were drilling for oil and they just abandoned the wells when they found gas because there was no pipeline and no sales outlet for gas."

This well density means that new land acquisition adds to reserves numbers. When Nighthawk joined AIM earlier this year, Oilfield Production Consultants Limited credited the project with P90 gas reserves of 74.9 bcf, P50 of 94.2 bcf and P10 of 116.2. There is also some associated oil, with the estimated reserves ranging from a P90 number of 300,000 barrels to a P10 number of 1.1 million barrels.

At the moment 18 wells are producing 700,000 cubic feet of gas per day (260,000 cf/d net to Nighthawk) plus some ancillary oil production. There is plenty of scope to increase those volumes and a continuous drilling programme is underway, with 60 wells planned on the acreage over the next two years.

These wells take around ten days to drill and complete at a cost of US$140,000 each. At the moment the partners are clocking up a success rate of 75-80 per cent and, if all goes well, payback per well is within three months.

"The nice thing about this project is that there are lots of geological horizons, with about eight or nine geological sequences in each well, so if you don't hit one you have every chance of hitting again," Bramhill told oilbarrel.com. "Some wells are finding five producing horizons, which is excellent news for us."

It adds up to a very nice little project, with low geological and political risk and plenty of upside. As long as the partners have the resources to keep drilling and deliver the infrastructure improvements, this is a very nice business to be in.


Clicky

[roberto dimatteo] 22/5/2007 22:35

"Rumours emanating from the financial pages mel suggest that the CEO of AIM listed TomCo Energy [TOM] Howard Crosby is on his way to London with the first of 4 to 6 RNS's that will hit the market by the end of June. Target share price = 10p!"

[roberto dimatteo] 16/5/2007 10:47

Keep an eye on Lupus Capital [LUP] as the AGM is being held today at 2.30 p.m. with market whispers of a very positive update!

[gardenboy] 14/5/2007 14:25

IFL not too bad :~)

still holding NTA, cheers tora !