TomCo raises £0.3m to bolster Greenfield's finances

21st Feb 2024 13:27

(Sharecast News) - US-based oil developer TomCo Energy announced a fundraise of £0.3m on Wednesday, in a bid to bolster the finances of its Greenfield Energy subsidiary.

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TomCo raises £0.1m as it works on Greenfield plans

13th Oct 2023 15:19

(Sharecast News) - TomCo Energy announced the raising of £0.1m on Friday, in a bid to shore up finances for the plans of its subsidiary Greenfield Energy.

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TomCo draws down first tranche of its new £1m facility

24th Apr 2023 13:25

(Sharecast News) - TomCo Energy announced on Monday that it was drawing down the initial £0.25m tranche of its £1m convertible loan facility, which it announced on 30 March.

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TomCo agrees another extension to its loan from Valkor

1st Nov 2022 16:44

(Sharecast News) - Oil developer TomCo announced a further extension to its unsecured loan from Valkor Oil on Tuesday, with the remaining outstanding principal totalling $1m.

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TomCo partially repays, extends Valkor loan further

14th Oct 2022 13:02

(Sharecast News) - US-focussed oil developer TomCo Energy announced a repayment of $0.25m and a further extension to the repayment date for the remaining $1m outstanding principal amount of the unsecured loan from Valkor Oil & Gas on Friday.

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TomCo acquires Valkor's interest in Greenfield joint venture

26th Aug 2021 15:23

(Sharecast News) - United States-focussed oil development company TomCo Energy has acquired Valkor's 50% interest in Greenfield Energy, the 50-50 joint venture established by TomCo and Valkor in mid-2020, for wholly-deferred equity consideration, it announced on Thursday.

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TomCo partner completes trial work at Utah oil sands plant

2nd Jul 2021 14:38

(Sharecast News) - US oil development company TomCo Energy announced on Friday that its 50-50 joint venture with Valkor, Greenfield Energy, had successfully completed all planned trial work using Petroteq Energy's existing oil sands plant at Asphalt Ridge in Utah.

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Losses widen for TomCo Energy

22nd Jun 2021 16:05

(Sharecast News) - Oil development company TomCo Energy reported an operating loss of £0.74m in its interim results on Tuesday, widening from £0.38m a year earlier.

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TomCo joint venture inks deal to acquire Utah land

9th Jun 2021 11:09

(Sharecast News) - United States oil development company TomCo Energy announced on Wednesday that its 50-50 joint venture with Valkor, Greenfield Energy, has entered into an agreement with Endeavour Capital Group and Tar Sands Holdings II (TSHII) over the potential acquisition of up to 100% of the ownership and membership rights and interests in TSHII.

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TomCo Energy confirms delay to Greenfield Energy project

18th Dec 2020 10:40

(Sharecast News) - US-focussed oil development company TomCo Energy updated the market on its Greenfield Energy 50-50 joint venture with Valkor on Thursday, and the upgrades being undertaken by Greenfield to Petroteq Energy's existing oil sands plant at Asphalt Ridge in Utah.

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TomCo reports project at Petroteq oil sands plant

2nd Dec 2020 14:54

(Sharecast News) - Oil development company TomCo Energy updated the market on its 50-50 joint venture with Valkor, Greenfield Energy, and the upgrades being undertaken by Greenfield to Petroteq Energy's existing oil sands plant at Asphalt Ridge, Utah on Wednesday.

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TomCo raises ?0.93m, teams up with Valkor

4th Dec 2019 16:07

(Sharecast News) - Oil shale exploration, development and technology company TomCo Energy has raised £0.925m gross through a placing of 142,307,692 new ordinary shares at a price of 0.65peach, it announced on Wednesday, through its broker, Turner Pope Investments.

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TomCo outlines work needed at Holliday A Block

3rd Oct 2019 15:02

(Sharecast News) - US-focussed oil shale exploration and development group TomCo Energy updated the market on the work it had been undertaking since completion of the field test programme at its Holliday A Block in Utah on Thursday.

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TomCo Energy gearing up for slightly delayed field test at Holliday A

25th Jun 2019 12:00

(Sharecast News) - Oil shale exploration and development company TomCo Energy updated the market on the field test programme at its Holliday A Block in Utah on Tuesday, announcing that the project was advancing well, with much of the preparatory work for the field test having now been completed.

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TomCo raises £550,000 to further Uintah Basin assets

14th Dec 2018 09:03

(Sharecast News) - Shale oil exploration business TomCo raised £550,000 by way of a placing on Friday morning, allowing the group to further operations at its Holliday Block asset.

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