Business
RLR Receives Groundwater Discharge Permit
RLR Receives Groundwater Discharge Permit.
About this update from Tomco Energy Plc
[{"type":"text","content":"\n \nRNS Number : 1598W TomCo Energy PLC 23 December 2013 \n \n\n \n23 December 2013\nTomCo Energy plc\n(\"TomCo\" or \"the Company\")\n \nRed Leaf Resources Receives Groundwater Discharge Permit\n \nTomCo Energy plc (AIM: TOM), the oil shale exploration and development company focused on using innovative technology to unlock unconventional hydrocarbon resources, today announces that the Utah Division of Water Quality has issued Red Leaf Resources Inc. (\"Red Leaf\") a Groundwater Discharge Permit, which Red Leaf sought despite not producing any discharge water. \n \nThe Utah Division of Oil, Gas and Mining has already approved its Notice of Intention to Commence Large Mining Operations at Red Leaf's Seep Ridge project, conditional upon securing a Groundwater Discharge Permit, which means that Red Leaf now has all the major permits in place to move forward with construction of its commercial demonstration project.\n \nCEO Paul Rankine commented: \"We are very excited by this development that will enable our neighbours, Red Leaf Resources, to move into the full construction phase of their commercial demonstration project and we see it as a strong endorsement of State support for the Seep Ridge project and the EcoShale™ In-Capsule Process. TomCo intends to closely follow Red Leaf's precedent, with TomCo's Notice of Intention to Commence Large Mining Operations and Groundwater Discharge Permit applications expected to be submitted in early 2014, and we believe the Company is well positioned to progress and obtain all remaining relevant permitting required by Utah State law to move our Holiday Block into commercial production.\"\n \nEnquiries:\n \nFor further information, please visit www.tomcoenergy.uk.comor contact:\n \n\n\n\n\nTomCo Energy plc\n\n\n\n\n\n\n\nPaul Rankine, CEO/Miikka Haromo, CFO\n \n\n\nTel: +44 20 7917 6822\n\n\n\n\nFox-Davies Capital Ltd (Nomad & Broker)\n\n\n\n\n\n\n\nSimon Leathers/Jonathan Evans\n \n\n\nTel: +44 20 3463 5000\n\n\n\n\nTavistock Communications (Financial PR &IR)\nEd Portman/Conrad Harrington/Jos Simson\n\n\n \nTel: +44 20 7920 3150\n\n\n\n\n \nNotes to Editors: \n \nTomCo Energy plc (AIM: TOM) is a London based, AIM-listed company, with substantial Oil Shale assets in Utah, USA.\n \nTomCo holds a 100% interest i...