"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
() 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."
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