Tomco Energy Share Discussion Threads

[tom111] 05/6/2021 17:21

Funny enough my other oil share is ZPHR which is also in Utah producing 135bpd but will be dramatically ramping up connecting 3 or 4 other wells very soon,plus they will be side tracking Paradox well in early July.No advice given dyor gl

[vauch] 05/6/2021 16:03

Im sure it will be extended and then they will add Quadrise system.

[tom111] 05/6/2021 15:49

I think I may have bought in on Friday just at the right time as the share price is not too far from the bottom judging by the chart.The company seems on the brink of some very positive news in the near future producing 250bpd.Can we take it for granted the lease will be extended for a further six monthes?

[ducky fuzz] 05/6/2021 15:27

ok thanks. Very exciting.

[damac] 05/6/2021 15:25

I think the accountant wants Tomco to make a decision on what they are doing with it soon but that is only for accounting purposes to do with where it should be accounted for in year end accounts.

[ducky fuzz] 05/6/2021 15:22

Thanks damac .. thought RF had been shelved since then due to accounts or something someone said. DF

[damac] 05/6/2021 15:19

Ducky,

Tomco RNS from 4th December 2019....





“In addition, under the MoU, the parties shall explore the potential for the use of TurboShale's RF technology in an oil sands field operated by Valkor in Trinidad.”


Technically it was Tomco, that said it and not Valkor, apologies.

[ducky fuzz] 05/6/2021 15:19

I thought the RF tech was shelved. But I'm usually wrong. DF

[vauch] 05/6/2021 15:14

It was mentioned in the joint venture rns

[damac] 05/6/2021 15:05

Ducky,

The Valkor/Turboshale/Trinidad comment was in one of our RNS’s, will dig it out.

[damac] 05/6/2021 15:04

Ducky,

Yes I do mean over 10p, why shouldn’t it be at that point in time when they would be generating the levels of profit that we think? The numbers to be revealed in the FEED will hopefully surprise many not yet invested, prompting them to pile in.

[ducky fuzz] 05/6/2021 15:02

damac .. when did Valkor say that please.

[ducky fuzz] 05/6/2021 15:01

rmart .. I was thinking more of a Miss Moneypenny type.

[damac] 05/6/2021 15:01

joeblogg2,

Turboshale was shelved to concentrate on the Greenfield opportunity with Valkor. However, it is hoped that it will be brought back off the shelf in the near future as Valkor have publicly stated that they would like to evaluate Turboshale for use on the Trinidad oil sand leases.


Edit: It was Tomco that publicly stated it and not Valkor.

[ducky fuzz] 05/6/2021 15:00

I certainly feel very optimistic today. The early excitement I had has come back.

It has been very boring for quite some time.

[rmart] 05/6/2021 14:59

Damac, to be fair to Ducky I think he meant a young blonde secretary rather than JP! 👱‍a92;️

[ducky fuzz] 05/6/2021 14:58

Do you mean over 10p ... Wowza.

That would be awesome. DF

[joeblogg2] 05/6/2021 14:57

Many thanks damac, I remember tomco and turbo shale tec it had so is this still in play and being used at Greenfields?

[damac] 05/6/2021 14:57

Ducky,

The thoughts and input from smaller shareholders are equally important mate 😉

[damac] 05/6/2021 14:54

Ducky, once Greenfield have built their initial plant and it is producing as expected, I’d imagine the Tomco share price to be in double digits and I personally wouldn’t consider selling up before then. I may trade some along the way when opportunities present themselves though.

[ducky fuzz] 05/6/2021 14:50

Whether you are sleeping with him or not it is good of you to share what you think / know with us small share holders. DF

[damac] 05/6/2021 14:47

Yeah, they don’t call him Big John for nothing 🤣🤣🤣🤣

[ducky fuzz] 05/6/2021 14:44

Are you sleeping with someone that does ...