logo-loader

Block Energy PLC

Receive alerts
Market:
AIM
Market Cap:
£20.66 m
Price
5.25 GBX
Change
5.00%
52 weeks high
17.50
52 weeks low
2.10

In brief

Block Energy is an AIM-listed asset-backed revenue generative junior oil and gas company aiming to capitalise on first mover advantage to build the largest independent producer in Georgia, a proven but underdeveloped oil producing nation increasingly on the radar of the majors. Schlumberger, the world’s largest oilfield services provider, recently acquired a strategic position in the country. Block Energy is listed on the AIM market as BLOE.

Led by a management team with unrivalled experience and contacts in Georgia and the wider region, Block Energy is at the right address in the right country at the right time.

Deep dive We explore the investor case for growth companies

Snapshot

  • Owns oil and gas assets in Georgia
  • A sidetrack at West Rustavi among best wells yet in Georgia
  • Second sidetrack underway at West Rustavi