Investment in Oil Well

TomCo Energy PLC
27 March 2007


                  TomCo Energy Plc ('TomCo' or the 'Company')

                             Investment in Oil Well

TomCo, an AIM-listed oil producer with properties in the South-Western United
States, is pleased to announce that it has entered into an agreement to purchase
a 30 per cent. working interest in the Rock Crossing prospect in Wilbarger
County, Texas (the 'Rock Crossing Prospect'). The Rock Crossing Prospect will be
tested by a well to be drilled within the next few weeks, for which TomCo's net
cost is approximately $72,000 plus a further $60,000 in completion costs if the
well is a commercial discovery.

The Rock Crossing Prospect is located on the Waggoner Ranch, one of the largest
privately owned ranches in Texas, and forms part of a 330 acre lease block along
the prolific Rock Crossing anticline, from which the Rock Crossing field has
already produced some 8,300,000 barrels of oil. The new well will be drilled to
a depth of 4,100 feet, and will test a minimum of eight prospective pay zones,
down to and including the Ellenburger formation. A successful test could lead to
several offset development locations on the lease block in which TomCo has the
option to participate. Drilling is scheduled to commence within two weeks of the
date of this announcement, and production could commence within 2 months, the
results of which will be announced as soon as they become available.

TomCo is also pleased to announce that production has commenced on its 40 per
cent. working interest in Flusche oil well in Wichita County, Texas. The initial
gross production rate is 28 barrels per day from 2 pay zones, although
additional completion work is being undertaken to another zone in an attempt to
increase the flow rate.

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 longtime member of The Society of
Independent Professional Earth Sciences #408 (SIPES), and is the senior partner
of Lucius C. Geer & Associates, an independent firm of consulting Geologists and
Geophysicists based in Houston, Texas.

For further information, please contact:

TomCo Energy Plc
Stephen Komlosy                            Tel: [phone]

Strand Partners Limited
Simon Raggett                              Tel: [phone]
Warren Pearce
Thomas Lockyer

Bankside Consultants
Simon Rothschild                           Tel: [phone]
Louise Mason




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