TomCo Energy PLC Application for Drilling Permit
November 29 2024 - 8:13AM
RNS Regulatory News
RNS Number : 2314O
TomCo Energy PLC
29 November 2024
29 November 2024
TOMCO ENERGY
PLC
("TomCo" or the "Company")
Application for Drilling
Permits
TomCo (AIM: TOM), the US operating
oil development group focused on using innovative technology to
unlock unconventional hydrocarbon resources, announces that its
wholly owned subsidiary, AC Oil LLC ("AC Oil"), is party to an
application made yesterday to the Utah Division of Oil, Gas and
Mining for permitting to drill six holes on its lease area near
Vernal, Utah.
Subject, inter alia, to the relevant drill
permits being granted, and sufficient financing being available,
TomCo is currently intending and preparing to participate alongside
its partners in potential drilling on the AC Oil lease acreage
during 2025.
The Company will provide a further
update as this initiative develops in due course.
Enquiries:
|
TomCo Energy plc
|
|
|
Malcolm Groat (Interim Executive
Chairman)
|
+44 (0)20 3823 3635
|
|
|
|
|
Strand Hanson Limited (Nominated Adviser)
|
|
|
James Harris / Matthew
Chandler
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+44 (0)20 7409 3494
|
|
|
|
|
Novum Securities Limited (Broker)
|
|
|
Jon Belliss / Colin
Rowbury
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+44 (0)20 7399 9402
|
For further information, please
visit www.tomcoenergy.com.
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END
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