TomCo Energy PLC (AIM:TOM) chief executive John Potter and non-executive director Zac Phillips joined Proactive's Stephen Gunnion with details of the company's plans to move forward with a Greenfield Energy Oil Sand Remediation Plant in Utah in the United States.
Potter and Phillips telling Proactive that the plan will address a historic environmental issue while demonstrating robust economics as it generates revenue from six sources. Additionally, they said it will be cash flow positive even in a low WTI environment.
TomCo also released a presentation on the Greenfield Energy Oil Sand Remediation Plant, which can be accessed here.