Tomco Energy Share Discussion Threads

[brabazon3] 12/3/2012 12:34

The skiboy rampers seem to have disappeared from their ramping thread - have they sold out already leaving the mugs to hold the worthless shares as usual?

NO MAJOR WILL JV WITH RL JUST TO FINANCE A FULL SCALE PRODUCTION DEMONSTRATION!
This means building a full scale capsule, produce oil at a commercial rate, then move on and bury the capsule, landscape it and wait to see if they had done any damage to the environment before moving on to commence full scale COMMERCIAL production on the next capsule. There will be no continuity here - the second capsule will not be built until the first one demonstrates commercial scale ability. What major would commit $400m to an airy fairy plan like that? That is why I have always pointed out the 'subject to' clause in all the discussions with Questerre and the MAJOR regarding their investment in RL but nobody could see or didn't want to see the importance of that little phrase: 'subject to'!
IN TIME YOU WILL - BUT IT MIGHT BE TOO LATE TO GET YOUR MONEY BACK BY THEN!

[brabazon3] 12/3/2012 11:15

LOL! Looks like mixy isn't going to return the call either!

COME 'N MIXY, LOOK IT UP IN ANY DICTIONARY,
What is the difference between 'commercial demonstration' and 'commercial production'?

Even a turnip head like you should be able to do that!!

[brabazon3] 12/3/2012 09:44

Here you go again mixy, in case you had me filtered (a lie)

"Red Leaf plans to heat shale above 700 degrees in clay-lined cells, one after the other, reclaiming the surface along the way. It's a first, Dubuc said, and "the company and the state have little idea what the impact would be on our water, our environment or our communities."

A Red Leaf official did not return a call seeking comment Friday, but at the governor's energy development summit last month a company vice president of energy and environment called the project on state lands a "low-water, no-wastewater" concern that could produce oil by 2014.""

LOL! RL cannot answer a simple question, they just ignore the call!

[brabazon3] 12/3/2012 09:40

yarisverso - 12 Mar'12 - 09:09 - 7123 of 7124



Thank You Bush Tucker, but that is just about BLM land and nothing to do with the State leases that TOM/RLR own which we have pointed out so many times. Yaaaawwwnn.
................

Is it really mixy? Is that a fact?
Selective as usual with what you post - Read the bit about Red Leaf below is RL on BLM lands as well? Don't think so!!!



Thanks to Bush Tucker



Utahns' views on oil shale plan reflect alternate realities


This week, Utahns can tell BLM how they feel about "speculative" energy source.


By Brandon Loomis

| The Salt Lake Tribune


First Published Mar 11 2012 06:52 pm • Updated 3 hours ago

""Opponents of federal leasing say Utah's supportive stance makes clear that nothing beyond state or private lands is necessary for companies to prove they can make a buck - and then ask for federal lands on which to do it. In fact, Salt Lake City-based WRA attorney Rob Dubuc urged state regulators to slow down on permits for mines such as Red Leaf Resources' Uinta Basin project until they understand the environmental consequences.

Red Leaf plans to heat shale above 700 degrees in clay-lined cells, one after the other, reclaiming the surface along the way. It's a first, Dubuc said, and "the company and the state have little idea what the impact would be on our water, our environment or our communities."

A Red Leaf official did not return a call seeking comment Friday, but at the governor's energy development summit last month a company vice president of energy and environment called the project on state lands a "low-water, no-wastewater" concern that could produce oil by 2014.""

[fumanchuchu] 12/3/2012 09:23

Hatto - 12 Mar'12 - 09:19 - 22095 of 22095

Good morning everyone.

A pleasant share price start to the day for us......

Glad I'm not in GMG Down 70%.


=========


Glad I'm not in PETREL.... down 95% from it's peak.

[yarisverso] 12/3/2012 09:09

Thank You Bush Tucker, but that is just about BLM land and nothing to do with the State leases that TOM/RLR own which we have pointed out so many times. Yaaaawwwnn.

[brabazon3] 11/3/2012 18:06

21 July 2011
TOMCO ENERGY PLC
First Day of Dealings
TomCo Energy Plc ("TomCo" or the "Company") today announces the commencement of dealings in its ordinary shares ("Ordinary Shares") on the AIM market of the London Stock Exchange under TIDM code TOM. The Admission of TomCo follows a £3.5 million fundraising under a placing and open offer, the completion of which was announced on 1 July 2011.
Highlights Independently assessed 230m barrels of potential recoverable kerogen oil, including 123m barrels at Holliday Block of Indicated Resource targeted for development £3.5m raised to fund continued development at Holliday Block, Uintah County, Utah, USA and Working Capital Acquired the means of production through closing of $2m technology licence with Red Leaf Resources Inc for the EcoShale™ In-Capsule Process technology for the extraction of oil from oil shale
Overview of TomCo
TomCo is focused on the development of and future production at the Company's oil shale project in the state of Utah, USA. The Company intends to use the EcoShale™ In-Capsule Process, an innovative technology developed by Red Leaf Resources Inc ("Red Leaf") to extract oil from the Company's oil shale leases ("Oil Shale Leases"), which comprise approximately 2,919 acres in the Uintah Basin, Utah, where oil shale resources are widely distributed within sedimentary rocks of the Green River Formation.
SRK Consulting (UK) Limited ("SRK Consulting"), the Competent Person whose full report is set out in the admission document, estimates that the Oil Shale Leases located on the Holliday Block contain an Indicated Mineral Resource as defined by the JORC Code, of approximately 123 million bbl, which have the potential to be exploited using the EcoShale™ In-Capsule Process.
The EcoShale™ In-Capsule Process
Oil shale is mined and placed in a large clay lined "capsule". The surface area is approximately 12 acres with a depth generally less than 100 feet. Expendable heating pipe loops are placed in the capsule with the oil shale. External blowers are used to force the hot flue gas from natural gas burners through the pipe loops to heat the oil shale. Heating oil shale to recover oil and gas is a long proven and reliable process. Collection pipes are located at the top and bottom of the capsule to recover gas and oil respectively. Upon depletion, the pipes in the capsule are sealed to prevent water contamination and the capsule is covered with top soil and seeded with native vegetation. The key design challenge is extracting the oil and gas from the capsule.
Currently the EcoShale™ In-Capsule Process has been demonstrated in Seep Ridge with a pilot run. The results of the pilot were analyzed and Red Leaf, the operator of Seep Ridge, is in the process of conducting front end engineering design (FEED) for a full scale commercial demonstration, with first oil targeted in late 2013. The pilot results are encouraging and indicative of commercial success.
The strengths of the EcoShale™ In-Capsule process include: Low water requirements Low emission natural gas heating Residual natural gas production sufficient to sustain 90% of the process Capsule design prevents aquifer contamination
...................................


Read this bit carefully and note there is no mention of COMMERCIAL PRODUCTION in this article - it clearly states 'COMMERCIAL DEMOMNSTRATION'!

"The results of the pilot were analyzed and Red Leaf, the operator of Seep Ridge, is in the process of conducting front end engineering design (FEED) for a full scale commercial demonstration, with first oil targeted in late 2013. The pilot results are encouraging and indicative of commercial success."


BUT THE LYING RAMPING SKIBOY GANG HAVE DROPPED THE 'DEMO' BIT AND REPLACED IT WITH 'COMMERCIAL PRODUCTION' AS EARLY AS 2013/14!
YOU HAVE BEEN CONNED BY THE SKIBOY RAMPING GANG AGAIN!! The permits are for demo purposes - NOT FULL BLOWN COMMERCIAL PRODUCTION ONCE PERMITS ARE RATIFIED - AS THE LIAR RAMPERS WOULD HAVE YOU BELIEVE!
THE COMMERCIAL DEMO COULD BE A FAILURE AND IF THAT HAPPENS TOMCO AND RL ARE HISTORY!

[brabazon3] 11/3/2012 17:10

yarisverso - 11 Mar'12 - 16:32 - 7119 of 7119


Grow up Spec7. You must eat a lot of tripe as that is all you post.

Read it all before bushtucker. usual waffle from conservationists. backed up with no facts or misleading facts


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

And what facts have you got mixy?
Apart from the bull skiboy and BLT feed you of course!

All this piffle about production by 2013/14 is complete nonsense! You and your lying band have misled investors here the same way you misled them for years over on the PET bb.

[yarisverso] 11/3/2012 16:32

Grow up Spec7. You must eat a lot of tripe as that is all you post.

Read it all before bushtucker. usual waffle from conservationists. backed up with no facts or misleading facts

[fumanchuchu] 11/3/2012 16:21

Duboc detailed the Red Leaf operation on 17,000 acres of private and state trust lands in Uintah County that has permits before a pair of state regulatory agencies. A permit related to water quality issues is pending before the state Department of Environmental Quality, which has held up the permit before the state Board of Oil, Gas and Mining until that issue is resolved.

"What is clear is the company and the state have little idea of the impact on water and the environment," he said. "There are many more questions than answers."

Red Leaf Resources officials have said they anticipate they will be ready for commercial production of 9,500 barrels a day by sometime this year.

But critics such as Western Resource Advocates say development of Utah's rich oil and tar sands deposits - which contain as much as 100 million barrels of oil - would be folly in light of the demands on the already strained Colorado River system, potentially depriving states of critical water supplies into the future.

The report notes that 10-year average consumptive use of water in the Colorado River Basin since 2003 exceeds the 10-year supply, and municipal and industrial water demand is projected to grow in Utah anywhere from 71 percent to 115 percent by 2050.

"Water is the defining resource in the West," Chiropolos said. "There is an enormous uncertainty of what the impacts are of utilizing large quantities of that supply."

The group said it picked the year 2050 as a focal point in its research to envision what the West, energy demands and sources, as well as water supply, may look like for the teenagers of today.

[cuthbert cuthbertson senior] 11/3/2012 15:11

SKIBOY YARIS AND MIXY WITH DOUGIE TO SING AT EUROVISION THE SONG IS CALLED
GOODBYE STEPHEN GOODBYE MUSICAL DIRECTOR rmart

[janyboy9] 11/3/2012 10:59

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[magwash] 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/

[brabazon3] 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.

[larsson 2] 10/3/2012 18:19

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

[brabazon3] 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.