TomCo Energy: Analyst highlights attractive economics of a new oil sands separation technology

  • Sep 16, 2020
  • EIN

Proactive Research analyst Ed Stacey takes a look at TomCo (LON:TOM) following the news of a joint venture to help unlock the potential for oil sands development using an innovative new production technology.

TomCo's an oil & gas exploration and production company which operates in the Uinta basin in Utah.

Stacey says aside from producing a ready-for-market product, the separation system has other unique advantages compared with existing oil sands separation technologies including the fact that there's limited environmental impact, with a modest water requirement, and no “dirty” sand to remediate at the end of the process.