Block Energy PLC (LON:BLOE)

Block Energy PLC (LON:BLOE)

Share Price
12.20 p
-0.175 (-1.41 %)
Market Cap
£47.51 m
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Block Energy PLC

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...

Market: AIM:BLOE
52-week High/Low: 17.500p / 2.400p
Sector: Oil & Gas Exploration & Production
Market Cap: £47.51 m
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Big Picture – A Deep Dive Examination of Block Energy PLC

Block Energy PLC Timeline

The technology, which has not been used in Georgia, promises to significantly enhance recovery rates by facilitating wellbore communication with reservoirs, creating a relatively small horizontal borehole milled through the casing wall then drilled several feet into the formation

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