Investment in Oil Wells

TomCo Energy PLC
15 February 2007


                  TomCo Energy Plc ('TomCo' or 'the Company')
                                        
         TomCo Energy Plc to Participate in Five Well Tennessee Program
                                        
TomCo (TOM.L) is pleased to announce that it has contracted for a 20 per cent.
working interest in a five well drilling program in Overton and Fentress
counties in the State of Tennessee, USA. The Company's interest in the five
prospects was purchased for $160,000 of drilling and completion costs. The
Company may contribute to further, as yet not detailed, costs in this program.
The operator of the drilling program is TN OIL Company Inc. ('TN OIL').

TN OIL, which is drilling and completing the wells on a turnkey basis, is
targeting multiple prospective pay horizons, the deepest being the Knox
Formation at approximately 1800 feet of total depth. Drilling at the first of
the prospects is expected to commence shortly, and details of drilling results at
the five prospects will be announced as soon as they become available.

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:

Netcentric Systems 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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