Over the past week I have been attempting to rally up some support to get this game supported properly in ScummVM.
tomaitheo from Efnet #utopiasoft has been invaluable and Is currently working at figuring out the image format for the oi(object images) and smap(backgrounds) scumm resources.
Also on the site is the legendary dumpcd software, in DOS/WIN32 and also includes linux source.
However if you cant get that to run there is also TurboRip, if you need to use TurboRip there are also instructions included for how to edit the output iso file to make it compatible with extract_loom_tg16.exe
Also included is a text file with the correct md5 checksums for the ripped iso, and for the output from the extract tool on 00.lfl
No doubt with tomaitheo's skill there will be some interesting work on this version of Loom
Now just to work out where the sound effects lay :)