Investment in Oil Well

TomCo Energy PLC 04 June 2007 TomCo Energy Plc ('TomCo' or 'the Company') Acquisition of an Interest in an Oil Lease in Lane County, Kansas TomCo today announces that it has acquired a 15 per cent. working interest in an oil lease, the JELP 111 lease ('JELP') in Lane County, Kansas, comprising approximately 400 acres. The interest in the lease was acquired in a private sale for a total cash consideration of $30,000. It is intended that the initial well will commence drilling within 60 days, to a projected depth sufficient to adequately test the Lansing-Kansas City 'M' Zone Formation at approximately 4320 feet measured depth. There will be opportunities to drill up to 3 offsetting wells, if the initial well is commercially successful, with SEDONA Oil & Gas Corporation acting as the operator. TomCo has a 15 per cent. interest in the 80 per cent. net revenue interest after landowner royalties. Based upon offsetting oil production from the targeted reservoir, the Company considers the wells proposed as low risk locations, with anticipated initial production rates of 20 barrels per day per well if successful. For more information contact: TomCo Energy Plc Tel: +1 509 301 6322 Howard Crosby Strand Partners Limited Tel: (020) 7409 3494 Simon Raggett Warren Pearce Thomas Lockyer Bankside Consultants Tel: (020) 7367 8888 Simon Rothschild Louise Mason Notes: TomCo is an AIM listed company which continues to actively develop a conventional oil production profile in the South-Western United States. The Company also owns leases on approximately 3000 acres of shale oil holdings in Utah, estimated by SRK (an independent firm of mining consultants) to contain some 230 million barrels of oil. This announcement has been reviewed by Lucius C Geer, a qualified person for the purposes of the AIM Rules. Mr Geer is a long time member of The Society of Independent Professional Earth Sciences (SIPES), and is the senior partner of Lucius C Geer & Associates, an independent firm of consulting geologists and geophysicists based in Houston, Texas This information is provided by RNS The company news service from the London Stock Exchange

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