Block Energy PLC

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Market Cap:
£25.19 m
52 weeks high
52 weeks low

Viewing results 1-25 of 59


Block Energy appoints William McAvock as chief financial officer

“We are delighted William is joining the board to lead our finance team at this critical and exciting time for the company,” said Philip Dimmock, Block chairman....

6 days, 10 hours ago

Block Energy prepares for next West Rustavi sidetrack well

It will be the second sidetrack in a potential programme of five wells....

3 weeks, 5 days ago

Block Energy readies for second sidetrack at West Rustavi

In August, Block said preparations are underway for well 38z, the next sidetrack at West Rustavi....

on 9/8/19

Proactive news snapshot: Savannah Resources, ClearStar, IronRidge Resources...

A glance at some of the day's highlights from the Proactive Investors newswire...

on 9/8/19

Block Energy begins preparation for second well at West Rustavi

Block last month took full control of West Rustavi, which has an estimated 900,000 barrels of 2P oil reserves...

on 8/8/19

Block Energy brings impressive 16aZ well into production at West Rustavi

“With the resumption of production at well 16aZ our fully-funded back-to-back multi-well drilling programme continues to gather momentum,” Paul Haywood said....

on 26/7/19

Block Energy takes full control of West Rustavi asset in Georgia

The Aim-listed company paid Georgia Oil and Gas US$750,000 in cash and shares for the additional interest in a deal that was flagged in February....

on 15/7/19

Block Energy secures equipment for next phase of West Rustavi drilling

Block will pay US$750,000 (equivalent to US$2,055 per day) for 12 months' exclusive use ...

on 8/7/19

Block Energy to ramp up Georgia production after oil storage capacity deal

“We can now allow well 16aZ to flow to its full potential" ...

on 1/7/19

Sunrise Resources exits Block Energy after spectacular year for oiler

Money raised will be used on the CS Pozzolan-Perlite Project in Nevada...

on 19/6/19

Block Energy raises £12mln to fund accelerated project development in Georgia

Following on from recent well success the company now intends to step-up drilling in Georgia...

on 16/5/19

Block Energy jumps as it says ongoing production validates expectation-beating well result

At present rates, which are constrained by surface capacity, the well will be throwing off US$1mln of cash per month...

on 17/4/19

Block Energy’s expectation-beating result puts West Rustavi well among Georgia’s best

The initial test rate for the sidetrack well was more than three times better than Block's 325 bopd target...

on 1/4/19

Block Energy making “excellent progress” as testing at West Rustavi continues

Block is targeting 325 bopd from well 16a at its flagship West Rustavi field, while it is also closing in on breakeven production at Norio ...

on 28/3/19

Block Energy confirms significant oil and gas shows as West Rustavi sidetrack drilling completes

The new sidetrack well aims to deliver production of 325 bopd, which would be very significant for Block's growing business in Georgia...

on 21/3/19

Block Energy reveals “significant rise” in production rates for Norio well

“We look forward to further updates as we continue to realise the value of our assets,” said chief executive Paul Haywood...

on 7/3/19