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TomCo Energy: Analyst highlights attractive economics of a new oil sands separation technology

Proactive Research analyst Ed Stacey takes a look at TomCo (LON:TOM) following the news of a joint venture to help unlock the potential for oil sands development using an innovative new production technology.

TomCo's an oil & gas exploration and production company which operates in the Uinta basin in Utah.

Stacey says aside from producing a ready-for-market product, the separation system has other unique advantages compared with existing oil sands separation technologies including the fact that there's limited environmental impact, with a modest water requirement, and no “dirty” sand to remediate at the end of the process.

Click here to read Ed Stacey's initiation report

Quick facts: TomCo Energy PLC

Price: 0.514 GBX

AIM:TOM
Market: AIM
Market Cap: £3.46 m
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TomCo Energy: Oil sands opportunity is 'alluring'

Proactive analyst Ed Stacey talks to Katie Pilbeam about TomCo (LON:TOM) an oil & gas exploration and production company which operates in the Uinta Basin in Utah. In June 2020 the company announced the formation of a joint venture (JV) called Greenfield Energy LLC to unlock the potential...

on 10/12/2020

2 min read