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TomCo Energy 'pleased' with the progress of field test in Utah

"The process moving forward will be to gradually increase the temperature of the formation and we look forward to keeping shareholders updated as the field test progresses," said TomCo chief executive John Potter

TomCo Energy plc -

TomCo Energy plc (LON:TOM) said a field test at its Holliday A Block in Utah is running to schedule with drilling works completed.

Continental Electronics will join the field test team to provide additional expertise while the heating process is ramped up.

PROS Well Services will manage the output from the wells as the formation heating advances.

"I'm am very pleased with the progress of the field test," said TomCo chief executive John Potter.

"I would particularly like to thank IGES and Himes Drilling for the excellent preparation work in securing the field test site.

"The process moving forward will be to gradually increase the temperature of the formation and we look forward to keeping shareholders updated as the field test progresses."

Quick facts: TomCo Energy plc

Price: 0.675 GBX

AIM:TOM
Market: AIM
Market Cap: £4.55 m
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