Tomco Energy Share Discussion Threads

[wilson2] 03/12/2021 08:46

Come on John Potter , remember that interview you did promising the world

[wilson2] 03/12/2021 08:36

D 0 and nothing but lies

[the diddymen] 03/12/2021 07:41

No tweet of the drill rig being positioned. No RNS yet. Not that you can read that much into TOM's communication.

[vauch] 02/12/2021 15:41

PQE Stapleton's house

[damac] 02/12/2021 13:36

Talis,

Exploration wells? No more than 900ft, they need to assess the bottom of the formation.

[talais] 02/12/2021 13:22

How deep are theses wells,?.

[damac] 02/12/2021 13:19

joeblogg2

They actually have a good flexible window from now until the festive break (assuming the festive break is from 23rd December).

Working it backwards, they intend to drill the production wells in March 2022 and they reckon it will take about 2 months for DOGM to process the permit applications, so ideally they want to be submitting the applications by early January 2022.

As already posted previously, they need some of the data from the exploration wells to go into the production wells permit applications. As I understand it, they will get the required data as and when they are drilling the exploration wells, no need for any longer term analysis etc. (for that purpose).

The 3 exploration wells will only take a couple of days to drill (in total). There will also be no weather related problems with the drilling of the exploration wells, it is actually better for them to be drilling in colder conditions as opposed to hotter.

So, as I see it, they have a 3 week window between now and the festive break to complete a 2-3 day task.

[damac] 02/12/2021 12:48

That is correct Ducky, some of the data that will come from the exploration wells is required for the permit applications on the producing wells.

[ducky fuzz] 02/12/2021 11:40

Still a good few large buys going through.

[ducky fuzz] 02/12/2021 11:35

Hi joe .. someone told me that permitting for exploration and production is different. Exploration being easier and quicker. DF

[the diddymen] 02/12/2021 10:40

Haha W2 spot on. TOM should big up the arrival of the drills. It is a seminal moment for a company that without warning has completed significant changes in their strategy in a couple of weeks. No risk there then.

[wilson2] 02/12/2021 08:43

Are they drilling tomorrow? D1

[joeblogg2] 02/12/2021 08:35

are we expecting drilling this year as little time left???
We expect the permitting process for the production wells to be completed in Q1 2022, following the drilling of three exploration wells intended to occur in December 2021.

[ducky fuzz] 02/12/2021 08:20

Somebody just sold the 3 million odd shares they bought yesterday at 0.647p for
just over 0.63p. Some people.

[pooler1] 01/12/2021 23:11

Done a search on open corporates website with no luck in finding Big sky resources llc, so suspect its a new company that has just been set up...............maybe?

[fenners66] 01/12/2021 22:23

Go on enlighten us ....

Same point applies , intending to spend $100's millions and no visible internet presence , where have we read that story before.... ?

Oh yes we actually have and ... no $100m got spent.

[chadwick123] 01/12/2021 22:01

Many Big Sky companies registered, still not found the correct one, you really must try harder

[fenners66] 01/12/2021 21:56

On the other hand Big Sky Resources LLC


"40 Gholston St, Comer, GA, 30629, USA "
which appears to have a green shed door and a parking space outside.....

There is also a Big Sky Resources in Texas...but that address has over 100 companies at it....

Hard to find an Internet presence for a company that (might one day?) be spending $100's of millions on plant....

Also that has allegedly agreed to spend ALL of this money with Valkor ... no need for 3 quotes then !!

Old saying if it sounds too good to be true....

[fenners66] 01/12/2021 21:51

Big Sky Resources, LLC is a Georgia Domestic Limited-Liability Company filed On February 24, 2020. The company's filing status is listed as Active/Owes Current Year Ar and its File Number is 20027920.

The Registered Agent on file for this company is Jennifer Lytle and is located at 40 Gholston St, Comer, GA 30629. The company's principal address is 40 Gholston St, Comer, GA 30629.

The company has 1 principal on record. The principal is Jennifer Lytle from Comer GA.


Big Sky of New York or Big Sky Resources of Georgia ?

[fenners66] 01/12/2021 21:48

On the other hand Big Sky Resources LLC


"40 Gholston St, Comer, GA, 30629, USA "
which appears to have a green shed door and a parking space outside.....

[fenners66] 01/12/2021 21:44

Officers for BIG SKY, LLC (New York (US))

ROBERT H. KOUFFMAN, ESQ, dos process agent

Only one officer noted

[fenners66] 01/12/2021 21:12

I see the believers are getting excited again....

No one sees the obvious though....

‎"Big Sky has agreed to pay Petroteq a one-time, non-refundable license fee of ‎US$2 million, which will become payable upon the commencement by Big Sky of construction of its first ‎plant"

Good PR , but what does it actually amount to so far ?

"Petroteq CEO, commented, "If Big Sky successfully ‎advances its plans to develop, build and operate"

Note the word - its a big one , the CEO says ... IF

Tell you what , without any legal representation I could almost sign up to a deal like that... IF I find $150m and build a plant I will pay them $2m fee.... on and I Have to use Valkor as well ?

BUT Greenfield (actually TOM) paid the $2m already.

Contrast Greenfield paid it without getting on with a plant - or any hope of getting finance for one ? But Big Sky get to hold off indefinitely.

Great PR - look we could be getting some income ..... one day..... maybe....

Why do they need this PR ?
Cos their COO just left....

[ducky fuzz] 01/12/2021 17:59

Hi Rugs .. In a good way?