TomCo Energy plc announced the appointment of John Potter to the Board of the Company as Chief Executive with immediate effect. Following John's appointment and further to the Company's announcement of 2 January 2018, Christopher Brown has also stepped down from the Board of the Company and its subsidiaries with immediate effect. John brings a broad range of knowledge and skills to the team as the Company seeks to finalize its strategy for TurboShale, having identified significant cost savings.

Mr. Potter was a director of APA Developments Ltd. at the time it entered into receivership on 26 March 2014. All creditors were repaid in full.