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Tomco Energy (TOM) Share News

IN BRIEF: TomCo Energy records larger annual loss on higher expenses

1st Apr 2022 10:53

TomCo Energy PLC - London-based oil explorer in Utah - Records a pretax loss of GBP10.3 million in 2021, wider than GBP1.1 million recorded in 2020. Blames this on impairment losses of GBP8.7 million that did not occur in 2020. Reports no annual revenue, unchanged from the year prior. Read More

IN BRIEF: TomCo Energy signs deal with Vivakor over Uinta basin

10th Mar 2022 21:22

TomCo Energy PLC - oil explorer in Utah - Signs memorandum of understanding of Vivakor Inc over a professional services agreement for the supply of engineering services, including sand treatment and oil upscaling on the Tar Sands Holdings II LLC site in the Uinta basin in Utah. Also entered a renewed lease covering three acres of land for a term of five years, and an option to extend for a further five. Read More

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