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TomCo Energy updates on status of POSP operations and initial oil production at Utah-based project

TomCo Energy updates on status of POSP operations and initial oil production at Utah-based project

TomCo Energy PLC (LON:TOM) CEO John Potter updated investors on operations and initial production at Greenfield Energy’s POSP project in Utah.

Potter, along with Valkor LLC's CEO and CTO Steven Byle and Coby Crawford confirmed that the Petroteq oil sands plant (POSP) at Asphalt Ridge is operating and producing oil at the anticipated volumes and quality, with no issues to date.