Tomco Energy Plc · LSE:TOM
Tomco Energy — Proactive Investors Conference (June 2012)
15 slides from Tomco Energy's conference presentation, Jun 28, 2012
Slide 1: TomCo Energy plc – Oil Mining, USA
TomCo Energy plc Oil Mining, USA • 126m bbl oil in surface mineable JORC Measured Resource • 9,800 bopd production facility planned www.tomcoenergy.com AIM: TOM
Slide 2: Disclaimer
Disclaimer IMPORTANT INFORMATION This presentation & the information in it are being made available for the purpose of discussions with existing and potential shareholders, some of whom may have participated in past placings & to potential professional advisers. This presentation is not a prospectus
Slide 3: Oil Production From Shale
Oil Production From Shale Resource • 2,918 acre (1,000 acre on Holliday Block) leases in Uintah County, Utah • Oil Shale (Kerogen) source material for oil • 126m bbl of oil in surface mineable JORC Measured Resource • 100% held Utah State leases expiring on 31st December 2024 Production • Process Te
Slide 4: TomCo Board
TomCo Board Sir Nicholas Bonsor Bt DL, (Non-Executive Chairman) • Member of British Parliament from 1979 to 1997: chairman of Defence Select Committee 1992-1995 & Minister of State at the Foreign Office 1995-1997 • Currently Non-Executive Chairman of Cassidy Gold Corp, Egerton International Ltd & Me
Slide 5: Oil Shale Process Comparison
Oil Shale Process Comparison 5
Slide 6: Oil Shale Development Partnership
Oil Shale Development Partnership • TomCo & Red Leaf both have significant defined oil shale resources in Utah • Red Leaf has developed the EcoShale™ process specifically for the areas near- surface shale to improve energy efficiency & reduce environmental impact (reduce CO2 output, minimal waste wa
Slide 7: Red Leaf – Total JV - highlights
Red Leaf – Total JV - highlights • Total will pay 80% of the first $400m spent to commercially develop Red Leaf's existing surface mineable Utah assets for a 50% participating interest • The JV will invest $200m in an Early Production System (EPS) to prove the commercial scalability of Red Leaf’s Ec
Slide 8: Green River Oil Shale Formation, USA
Green Green River River OilOil Shale Shale Formation Formation, USA Green River Formation estimated ~1.5 trillion barrels oil in place Richest layer is the Mahogany Zone TomCo • JORC Measured Resource of 126m bbl within Mahogany Zone on TomCo’s 1,000 acre Holliday Block • 21.0 gallons of oil per ton
Slide 9: Surface mining – Oil production process
Surface mining – Oil production process 9
Slide 10: Seep Ridge Pilot Plant
Seep Ridge Pilot Plant Heating pipes Insulation blocks (‘Flex-crete’) Control Capsule room etc. Oil storage tanks Burners/ blowers Burners/ blowers Process facilities 10
Slide 11: Commercial Capsule
Commercial Capsule • Capsule dimension 900’L x 500’W x 153’H • Capsule heated to 725°F (385°C) by circulating air at 925°F (496°C) • 210-day heating cycle • First oil at Day-100 • Peak oil at Day-150 • Low grade shale to be used as insulation • Production per capsule 686,000 bbl • 9,800 bopd average
Slide 12: Holliday Block – Key metrics
Holliday Block – Key metrics TAXES & ROYALTIES • Federal tax 35% • State tax 5% Utah State tax refund (75% for 20 years) • Red Leaf royalty 6% • Production royalty (SITLA): 5% increasing after 5 years by up to 1% pa; 12.5% max; first 200,000 barrels per annum royalty free CAPEX and OPEX • Start-up C
Slide 13: Corporate Information
Corporate Information Market Capitalisation: £31m (25-Jun-12) Shares: Issued & Outstanding 1,619,938,107 Fully Diluted 1,685,362,885 Holding % Kenglo One 492,920,548 30.4% Dominic Redfern & Sarah Cooke 167,250,000 10.3% Mark Donegan 132,250,000 8.2% Altima Global Special Situations Fund 84,500,000 5
Slide 14: Operational update and outlook
Operational update and outlook Operational update • Resource upgraded to 126 million barrels in the Measured category released • Unaudited interim results for the six months ended 31 March 2012 released Expected future events • JORC upgrade to Probable Reserve from Measured Resource (Q4 ‘12) • Permi
Slide 15: Contacts
Contacts Paul Rankine Press Enquiries CEO Josh Royston/Richard Gotla paul@tomcoenergy.uk.com NewgateThreadneedle +44 20 7653 9840 Miikka Haromo r.gotla@newgatethreadneedle.com Finance Director miikka@tomcoenergy.uk.com 15
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