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TOM Tomco Energy Plc

0.0325
-0.0015 (-4.41%)
21 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Tomco Energy Plc LSE:TOM London Ordinary Share IM00BZBXMN96 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.0015 -4.41% 0.0325 0.03 0.035 0.0325 0.0275 0.03 72,544,290 16:20:51
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Drilling Oil And Gas Wells 0 -2.35M -0.0006 -0.50 1.17M
Tomco Energy Plc is listed in the Drilling Oil And Gas Wells sector of the London Stock Exchange with ticker TOM. The last closing price for Tomco Energy was 0.03p. Over the last year, Tomco Energy shares have traded in a share price range of 0.0275p to 0.13p.

Tomco Energy currently has 3,904,135,277 shares in issue. The market capitalisation of Tomco Energy is £1.17 million. Tomco Energy has a price to earnings ratio (PE ratio) of -0.50.

Tomco Energy Share Discussion Threads

Showing 7376 to 7391 of 56475 messages
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DateSubjectAuthorDiscuss
11/3/2012
10:59
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janyboy9
11/3/2012
09:58
Policymakers urged to take risks of oil shale development seriouslyhttp://www.oilgasdigest.com/2012/03/11/policymakers-urged-to-take-risks-of-oil-shale-development-seriously/
magwash
10/3/2012
19:52
larsson 2 - 10 Mar'12 - 18:19 - 7110 of 7110


...........yet! (the missing adverb from above final sentence).

.....................

Its there larsson - read it again here:

"As the USGS's Oil Shale Assessment Team stated
in a 2011 report evaluating oil shale deposits
in Colorado, Utah, and Wyoming, "no attempt
was made to estimate the amount of oil that is
economically recoverable, largely because there
has not yet been an economic method developed
to recover the oil." "

And that puts the Red Leaf claim to have developed an economical way of recovering oil from shale up the Swanee good and proper!
Here it is again from the horse's mouth as skidmarkboy10 would say:

"no attempt was made to estimate the amount of oil that is
economically recoverable, largely because there
has not yet been an economic method developed
to recover the oil." 18"

'No attempt was made' - Yet the ranting liars on the skidmark10 bb and the Tomco BOD for that matter are claiming they know precisely how many barrels of recoverable oil is on their plot!

This is from the company chairman!

"SRK has prepared an updated Mineral Resource Estimate for the Holliday Block area and reported "Indicated Mineral Resource" as defined by the JORC Code of 202 million tons with a mean yield of 22.3 gallons per ton for 123 million barrels of contained oil."

Sir Nicholas Bonsor

Someone is telling porkies me thinks! Petrel Resources deja vu all over again - innit it mixy?


Final Results

RNS Number : 0023Z

TomCo Energy PLC

08 March 2012

TomCo Energy Plc owns oil shale leases covering approximately 3,000 acres in the Green River Shale Formation, Uintah County, Utah. The leases have been independently estimated by SRK Consultants Ltd to hold up to 230 million barrels of oil in 4 separate tracts. Around 123 million barrels of this resource lie on the main tract of Holliday Block lease, and have now been classified as an Indicated Resource under the JORC Code.

TomCo has entered into a License with Red Leaf Resources Inc (Red Leaf), which owns the EcoShale(TM) In-Capsule Process (EcoShale), to use this unique and environmentally sensitive technology to extract oil from TomCo's leases. Red Leaf is planning an eventual 9,500 bopd commercial operation at their Seep Ridge site, which lies about 15 miles SW of TomCo's Holliday Block lease.

TomCo's strategy is to develop the Holliday Block lease as a similar follow-on project to Seep Ridge using the EcoShale(TM) In-Capsule Process, with the same targeted production of 9,500 bopd.

brabazon3
10/3/2012
18:19
...........yet! (the missing adverb from above final sentence).
larsson 2
10/3/2012
15:13
No Shortage of Rock, But Is Any Liquid
Fuel Economically Recoverable?



Despite bust after bust, the dream of developing oil shale has shown amazing resiliency.
In 2005, as energy prices surged and the United States fought two wars, interest in oil
shale was again stoked when Congress passed the Energy Policy Act of 2005.15 That
bill, which addressed a host of energy issues, sought to boost oil shale by, among other
things, instructing the Department of the Interior (DOI) to initiate a federal researchleasing
program. By December 2011, the Bureau of Land Management (BLM) had issued
six research leases and was evaluating three others. Other research efforts on nonfederal
lands in Colorado, Utah, and Wyoming were also underway.
Oil shale deposits sit underneath a mixture of federal, state, tribal, and private lands. The
most extensive deposits in the world are found in the Green River Formation, a geologic
formation underlying western Colorado, eastern Utah, and southwestern Wyoming.
Although estimates vary, one independent study
concluded that approximately 20% of the oil
shale lands are owned by individuals and private
corporations.16 State and tribal lands also contain
substantial holdings. The rest underlies federal
land.
The United States Geological Survey (USGS)
estimates that the Green River Formation
contains enough oil shale that if the technologies
were to be developed, industry could theoretically
produce approximately 800 billion to 1.4 trillion
barrels of oil from the formation.17 Those are
impressive numbers, but upon closer look, it is
clear that the idea that there are vast quantities
of recoverable oil is a theoretical construct. As
the USGS's Oil Shale Assessment Team stated
in a 2011 report evaluating oil shale deposits
in Colorado, Utah, and Wyoming, "no attempt
was made to estimate the amount of oil that is
economically recoverable, largely because there
has not yet been an economic method developed
to recover the oil." 18

brabazon3
10/3/2012
14:57
Climate.
Independent analyses have concluded that, depending on the technology
utilized, development would produce 25% to 75% more greenhouse gases per
barrel of oil from oil shale than from conventional fuel.5 More analysis of oil
shale's contribution to climate change is needed, and regulatory agencies
must specify how impacts would be mitigated.

brabazon3
10/3/2012
14:55
What industry and government
agencies don't know, and what
the public deserves to know


For all of the research done on oil shale, it is remarkable just
how much the industry and government agencies still do
not know. Commercially viable technologies remain in their
infancy, and without workable technologies, commercial
development of liquid fuels from oil shale remains speculative
at best.
In preparing this report, Western Resource Advocates grappled with how to
present data, knowing that at any point in time the oil and gas industry may only
be presenting part of the picture. New data and claims can emerge rapidly, but any
new information must be considered in a much broader context. Data on a PowerPoint
presentation often represents information frozen in time, without any context or any
independent vetting of its usefulness, completeness, or accuracy.
For example, consider this claim from 30 years ago: In 1980 Exxon made a presentation
in western Colorado in which it claimed that by 2010 it would be producing 10 million
barrels of oil per day from oil shale. Less than two years later, its Colony Shale Project
was shut down and more than 2,000 people lost their jobs overnight. Those 1980 claims
were clearly suspect - and may have been deployed as a tool to influence public policy
and public opinion rather than a legitimate estimate of success. Even if those claims
were technically justifiable in 1980, the context of that information shows that Exxon's
ability to predict market trends, costs, and other potential problems proved woefully
inadequate.
A more recent example shows the same problems with trying to incorporate new
industry "data." Enefit American Oil posits that by 2025 in Utah alone it will be
producing 50,000 barrels of oil per day.3 But energy expert Jim Bartis of the RAND
Corporation undermined this claim in Congressional testimony in June 2011:
In Estonia, oil shale is primarily used as a solid fuel for the generation of electric
power. A small amount is converted to a liquid fuel, all of which is used in power
generation or cogeneration plants. To our knowledge, oil shale in Estonia is not
used to produce transportation fuels. A recent environmental assessment of oil
shale produced and consumed in Estonia indicates severe impacts have occurred.
These include subsidence over underground mining areas, overexploitation
of underground waters, pollution of surface and underground waters, and the
emission of hazardous air pollutants.4
Perhaps Enefit will really be able to produce 50,000 barrels of oil per day by 2025.
But before it can even consider that kind of production, Enefit will need to overcome
the technical, economic, and environmental obstacles to producing a commercial
transportation fuel from oil shale.

brabazon3
10/3/2012
14:43
Lukeisbackontrack - 10 Mar'12 - 12:05 - 7104 of 7104


yari thanks for clarifying this

.....................


LOL! yaris/mixy couldn't clarify margarine!

The objection to the Red Leaf permits is not just a water issue - it is about air pollution and damage to rare plants and wild animal habitat as well!
Ramping liar yarisverso only mentions water because Red Leaf claim Ecoshale use less water (not 'no water' as liar yaris claims) than other methods. Ecoshale is unproven at commercial production level and could quite easily go the way of all the other 'miracle extraction' gadgets that have fell by the wayside since 1917 as stated in the 7Th March 2012 research document produced by Western Advocates.

brabazon3
10/3/2012
12:05
yari thanks for clarifying this
lukeisbackontrack
10/3/2012
12:02
bush tucker - as usual that report comes from Western resource Advocates and is, as usual, like brabazon's posts, full of misinformation. Ecoshale uses no water. The other techniques may well use water, but not ecoshale. It does not cause anywhere near as much harm to the environment as shale oil. I also note that they are presuming an increase in oil production in Utah. They must be presuming that RLR and TOM will be part of that production increase, as no one else is as near production as RLR, starting this year, as reported by another environmental paper.

Don't forget, Western resource Advocates are paid to scare-monger, and they have no realistic research to back up their figures, as they are paid to have an agenda. Who knows, with global warming it may increase the rain-fall in Colorado/Utah! It takes 6 barrels of water to produce 1 barrel of biodiesel.

yarisverso
10/3/2012
11:19
Lukeisbackontrack - 9 Mar'12 - 16:21 - 3421 of 3423

Janyboy9 could you put up one of your charts over the weekend

thanks ... i owe you one buddy







.

janyboy9
10/3/2012
11:11
Lukeisbackontrack - 9 Mar'12 - 18:44 - 7083 of 7100

janyboy9 - 9 Mar'12 - 11:56 - 7079 of 7082

I will buy 5 million of you at 1.25 but thats only if you will ever be able to afford that many!


....................................

SILLY LITTLE BOY I THINK THIS WAS MY POST

....................................


janyboy9 - 9 Mar'12 - 11:56 - 7079 of 7100 edit


......... DUE A DROP I THINK ................





.

janyboy9
10/3/2012
10:44
The best news I have had all week is that Liquid Millionaire & Skiboy have lost their source of insider info from this company! LOL AYE!?!?!?! You may as well close down your BB Ski as it is now been confirmed that it is a source of WORTHLESS info! YOU & YOUR CON-ARTIST BOSS NOW HAVE NO FRIENDS AT TOM! LOL AYE!?!?!?!
maryhopkins
10/3/2012
09:09
brabazon3 - 10 Mar'12 - 08:15 - 7094 of 7096 (Filtered)

Unbelievable - he was plotting to disrupt a thread with a new avatar on Xmas Day!

riverdiver
10/3/2012
08:15
Oil Shale

oil Shale is neither oil nor gas;

in fact, it doesn't contain oil at all.
It is kerogen, or fossilized algae, locked in shale rock. The
technologies necessary to develop oil shale are unproven
and fundamentally different from shale oil and shale gas
technologies.

brabazon3
10/3/2012
00:18
Oil Shale

oil Shale is neither oil nor gas;

in fact, it doesn't contain oil at all.
It is kerogen, or fossilized algae, locked in shale rock. The
technologies necessary to develop oil shale are unproven
and fundamentally different from shale oil and shale gas
technologies.

brabazon3
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