Tomco Energy Plc · LSE:TOM
Tomco Energy — Investor Presentation (April 2018)
15 slides from Tomco Energy's investor presentation, April 2018
Slide 1: Company Presentation
COMPANY Including the Group’s subsidiary companies PRESENTATION April 2018 www.tomcoenergy.uk.com
Slide 2: Disclaimer
Disclaimer The content of information contained in these slides and any accompanying verbal presentation (together, the “Presentation”) has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000, as amended (“FSMA”). Reliance upon this Presentatio
Slide 3: Background: TomCo's assets
Background: TomCo’s assets ❖ The Oil Mining Company (100% wholly owned): ❖ TomCo’s major assets are its Holliday Block oil shale lease covering 2,919 acres in Uintah County, Utah. Its largest lease has a JORC Measured Resource of 126 million barrels of recoverable oil and an estimated 12 million bar
Slide 4: Achievements to Date
Achievements to Date TomCo submitted a Construction SRK Consulting SRK Consulting Notice of permit relating (UK) Ltd reported a JORC Intention to to the reported a Measured Commence Company’s JORC Indicated Resource of 126 Large Mining Ground Water Resource of 123 million barrels of Operations to Di
Slide 5: What is oil shale?
What is oil shale? ❖ U.S. western oil shale is carbonate rock, generally marlstone, that is very rich in organic sedimentary material called kerogen ❖ Oil shales are younger in geologic age than crude oil- bearing formations; natural forces of pressure and temperature have not yet converted the sedi
Slide 6: The Team
The Team Andrew Jones, Executive Chairman Andrew has over 10 years’ experience in capital markets and corporate finance as well as specialist experience in Technology & Media. Andrew joined the board of TomCo in mid 2015 and was instrumental in the Company’s reorganisation and dramatically lowering
Slide 7: The Team
The Team Ray Kasevich – JR Technologies, LLC Jeb Rong – JR Technologies, LLC Ray Kasevich is an expert in electromagnetic science and Jeb Rong is an expert with 25 years experience in high-power engineering, particularly radio frequency (RF) and microwave engineering, including applying radio freque
Slide 8: TurboShale™
TurboShale™ ❖ TurboShale, a recently incorporated Utah company and now in partnership with JRT, has acquired a process which builds upon the already proven use of Radio Frequency (RF) to produce oil from oil shale. The technology can be compared to a previous multimillion USD RF test programme (“BAR
Slide 9: The TurboShale™ RF Process
The TurboShale™ RF Process ❖ Radio waves are emitted from antennas in horizontal or vertical wells and deeply penetrate almost any material (permafrost, soils , rock) ❖ Absorption at molecular level occurs resulting in chemical bonds weakening; resonances, and desorption ❖ RF rapidly heats the pore
Slide 10: TurboShale™ Advantages
TurboShale™ Advantages ❖ Minimum impact on the environment: No need for blasting or leaching rock ❖ True in-situ technology, similar to conventional drilling practices ❖ The 1980s BART study indicates reduced refinery costs: with the recovered oil having low sulfur, high API and low pour point ❖ No
Slide 11: The BART Programme
The BART Programme ❖ The objective of the six-year BART (Badger, Raytheon, Texaco) Programme in the early 80s was to apply RF energy to fracture and retort in-situ oil shale to minimum temperatures for oil & gas while using conventional oil & gas field techniques for site preparation and production
Slide 12: Potential Advantages
Potential Advantages RF technology proven RF equipment transferable ❖ Minimum energy input ❖ No or minimal water requirement ❖ Scalable technology Oil shale samples in white ceramic discs after heat-up and ❖ Better quality of oil produced measurements (Capacitive sample holder disassembled) ❖ At 198
Slide 13: Next Step: Field Test
Next Step: Field Test ❖ Build upon the successful BART Programme ❖ JRT has been conducting the initial design work for TurboShale™ and early indications have been extremely positive and in line or even exceeding Directors expectations ❖ Commence, subject to funding, a 4-6 month Field Test to commenc
Slide 14: Field Test Objectives
Field Test Objectives A typical antenna The objectives of the proposed TurboShale™ Utah Test Programme are to: ❖ Estimate commercial oil production rates based on Field Testing ❖ Reconfirm the quality of the oil produced (low sulfur, high API, low pour point) ❖ Match or even improve upon the US$4.50
Slide 15: Summary
Summary ❖ Proven in-situ RF technology could potentially unlock world’s largest reserves of oil shale in the Green River Formation, USA ❖ On one of TomCo’s leases alone, a JORC measured resource of 126 million barrels ❖ TurboShale’s strategy has been simplified, significantly reducing its funding re