TomCo Energy PLC Board Changes (2983N)
24 October 2016 - 9:05PM
UK Regulatory
TIDMTOM
RNS Number : 2983N
TomCo Energy PLC
24 October 2016
24 October 2016
TomCo Energy plc
("TomCo" or the "Company")
Board Changes
TomCo Energy plc (AIM: TOM), the oil shale exploration and
development company focused on using innovative technology to
unlock unconventional hydrocarbon resources and on palm oil
production to generate short-term cashflows announces the
appointment of Alexander Benger to the Board of the Company as a
Non-Executive Director with immediate effect. In addition, the
Company announces that Andrew Jones has assumed the role of
Executive Chairman of the Company with immediate effect.
Alexander is an SME focused corporate financier. Initially
having focused on operational management within financial services
companies, Alexander moved into corporate finance in 2003,
concentrating predominantly on the London small cap market and has
been involved in numerous fund raisings, stock market flotations
and corporate actions for both private and public companies. He is
currently the Director of Corporate Finance at IPO Capital Partners
Limited. Alexander was also, more recently, the Head of Product
Development at ICAP Securities & Derivatives Exchange (ISDX)
and before that the Head of Operations at GXG Markets A/S.
Alexander holds a BA (Honours) Business Administration degree from
Staffordshire University.
For more information, please contact:
TOMCO ENERGY PLC www.tomcoenergy.uk.com
+44 (0)20 3823 3635
Chris Brown, Chief Executive chris@tomcoenergy.uk.com
Officer andrew@tomcoenergy.uk.com
Andrew Jones, Executive
Chairman
Strand Hanson (Nominated Tel: +44 (0)20 7409
Adviser and Broker) 3494
James Harris / Richard
Tulloch
Tavistock Communications Tel: +44 (0)20 7920
(Financial PR and IR) 3150
Jos Simson
Additional Information on Mr. Alexander Benger
The following additional information is provided in accordance
with paragraph 2(g) of Schedule Two to the AIM Rules for
Companies.
Alexander Harrington Benger (aged 39)
Current directorships/partnerships Previous directorships/partnerships
in the last 5 years
---------------------------------- -----------------------------------
Scout Media Holdings Limited
---------------------------------- -----------------------------------
Alexander Benger was a director of Capital Index Limited which
was subject to a creditors voluntary liquidation on 1 May 2011 with
a deficiency to creditors of GBP71,573.
About TomCo
TomCo Energy plc (AIM: TOM) is a London based, AIM-listed
company, with Oil Shale assets in Utah, USA.
TomCo holds a 100% interest in two Oil Shale leases, comprising
5 blocks covering 2,919 acres in Uintah County, Utah. Independent
natural resources consultants SRK Consultants Ltd, part of the
internationally recognised SRK Group, has declared a surface
mineable JORC compliant Measured Resource of 126 million barrels on
the main tract of TomCo's Holliday Block lease.
The Company has entered into a licence agreement with Red Leaf
Resources Inc ("Red Leaf") for the use of their EcoShale(TM)
In-Capsule Process, a proven and environmentally sensitive
technology, to extract Oil from TomCo's leases. Additionally, Red
Leaf is planning a 9,800 bopd commercial operation at their Seep
Ridge site, which lies about 15 miles SW of TomCo's Holliday Block
lease.
The Company is seeking to develop a palm oil milling operation
in the Makeni oil palm belt in Sierra Leone.
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOAEANELASNKFEF
(END) Dow Jones Newswires
October 24, 2016 06:05 ET (10:05 GMT)
Tomco Energy (LSE:TOM)
Historical Stock Chart
From Apr 2024 to May 2024
Tomco Energy (LSE:TOM)
Historical Stock Chart
From May 2023 to May 2024