18:00 Tue 08 Oct 2019
Block Energy PLC - Posting of Notice of AGM
("Block" or the "Company")
Posting of Notice of AGM
The Annual General Meeting will be held at 10:00 on Thursday
For further information please visit http://www.blockenergy.co.uk/ or contact:
(Chief Executive Officer) |
|
Tel: +44 (0)20 7997 6136 |
(Nominated Adviser) |
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Tel: +44 (0)20 3368 3554 |
(Corporate Broker) |
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Tel: +44 (0)20 3167 7221 |
(Financial PR) |
Camarco |
Tel: +44 (0)20 3757 4980 |
Notes to Editors
Block Energy is an AIM-listed independent oil and gas company focused on production and development in the
The Company has a 100% working interest in the highly prospective West Rustavi onshore oil and gas field with multiple wells that have tested oil and gas from a range of geological horizons. The Field has so far produced 50 Mbbls of light sweet crude, and has 0.9 MMbbls of gross 2P oil reserves in the Middle Eocene. It also has 38 MMBbls of gross 2C contingent resources of oil and 608 BCF of gross unrisked 2C contingent resources of gas in the Middle, Upper and Lower Eocene formations (Source: CPR by
Block also holds 100% and 90% working interests in the onshore oil producing Norio and Satskhenisi fields.
The Company offers a clear entry point for investors to gain exposure to
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