TomCo Energy plc (TOM.L) is an oil shale exploration and development company focused on using innovative technology to unlock unconventional hydrocarbon resources
TomCo’s major assets are its Holliday Block oil shale leases covering 2,919 acres in Uintah County, Utah, USA (within the Green River Formation). Its largest lease has a JORC Measured
Resource of 126 million barrels of recoverable oil, with an estimated 12 million barrels on its second lease.
Proven in-situ technology could potentially unlock world’s largest reserves of oil shale in the Green River Formation, USA
Incorporated in 2017, TurboShale Inc. is the Group’s technology development company. It has acquired from JR Technologies, LLC (“JRT”) two key patents for an oil shale extraction technology, proven from a technical feasibility perspective, which demonstrated the benefits and efficacy of using a process involving the use of radio frequency (“RF”) in the extraction of oil & gas from oil shale.
The Company believes that this relatively low-cost and environmentally benign disruptive technology has the potential to unlock TomCo’s oil shale assets.