Active Energy rises as InterTrader lifts stake above 3%
A look at the day's major movers, including Modern Water, OKYO, Argo Group, Alfa Financial, United Carpets, Airea, Cambridge Cognition, 7digital and QUIZ
Company
Block Energy PLC
LON:BLOE
Block Energy PLC is an AIM-listed independent oil and gas company focused on production and development in Georgia, applying innovative technology to realise the full potential of previously discovered fields.
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Proactive news snapshot: Asiamet Resources, Victoria Oil & Gas, Strategic Minerals …
A glance at some of the day's highlights from the Proactive Investors newswire
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
FTSE 100 closes lower after European Central Bank strikes downbeat note
"Brutal cuts from the ECB as GDP growth for 2019 is cut from 1.7% to 1.1%. With this in mind, it seems like any possible interest rate raises are all but completely ruled out until likely 2021," declared Jordan Hiscott, the chief trader at
Investments and investor services
GAN trumpets winning of an industry award ... the shares fall
A look at the day's major movers, including Gulf Marine Services, Boxhill, Chesterfield Resources, Proton Power, Abcam, Tandem, Red Emperor and FFI
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Proactive news snapshot: Shield Therapeutics, Plexus Holdings, 88 Energy …
A glance at some of the day's highlights from the Proactive Investors newswire
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Proactive weekly oil & gas highlights: United Oil & Gas, I3 Energy, 88 Energy, DGOC, Europa, Eco Atlantic, Highlands Natural Resources, Echo, Block Energy
It was a busy week in the junior oil and gas sector with a number of well results moving share prices.
XLMedia and Serinus Energy among Tuesday’s small-cap losers
A look at the day's major movers, including Persimmon, Quadrise Fuels International, Travis Perkins, and Babcock
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Proactive news snapshot: Amur Minerals, Ormonde Mining, Europa Oil & Gas …
A glance at some of the day's highlights from the Proactive Investors newswire
Block Energy reveals new deal to take full ownership of West Rustavi asset
“A 100% WI in West Rustavi will give the company complete discretion over the realisation of the field's potential,” said Paul Haywood, Block chief executive
FTSE 100 closes lower as Brexit is talk of the town
Footsie closed down around 32 points at 7,151, while the FTSE 250 added 23 at 19,270
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Proactive news snapshot: Seeing Machines, Arc Minerals, Strategic Minerals …
A glance at some of the day's highlights from the Proactive Investors newswire
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Proactive Weekly Oil & Gas highlights: Premier Oil, Union Jack, Block Energy, Falcon O&G ...
It was another busy week for London's oil and gas stocks.
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Proactive news snapshot: Block Energy, H&T Group, ClearStar …
A glance at some of the day's highlights from the Proactive Investors newswire
Block Energy kicks off sidetrack in West Rustavi well
It is the first of two sidetracks in the initial work plans and it promises to increase production significantly
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FTSE 100 closes in the red as global market unease continues
Britain's blue-chip index closed over 58 points lower at 6,642, while the FTSE 250 was also down
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Proactive weekly oil and gas highlights: Eland Oil & Gas, SDX Energy, United Oil & Gas ...
It was another active week in the oil and gas sector.
Block Energy reveals “excellent” production result at Norio
"We're delighted to announce such an excellent initial recovery at Norio as we work towards our target."
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Proactive news snapshot: PhotonStar LED, Horizonte Minerals, Highlands Natural Resources …
A glance at some of the day's highlights from the Proactive Investors newswire
Block Energy upbeat as it heads into 2019 after busy December
Over the last month of 2018, the firm has reported "highly encouraging" results from one of its legacy wells and clinched an agreement to pioneer the use of downhole perforation technology in Georgia
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Proactive Weekly Oil & Gas highlights: Solo Oil, Aminex, 88 Energy, Curzon Energy …
A look back at the top news from junior oilers this week
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Proactive news snapshot: Oracle Power, Midatech Pharma, Block Energy …
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
Curzon Energy pauses at Coos Bay to focus on partnership talks with Pared Energy
A look at the day's maor movers, including Carnival, EKF, Chamberlin, Panthera, NetScientific and Yu Group
Block Energy surges after issuing upbeat AGM statement
Shares in Block Energy were up 5.6% in early deals at 2.85p
FTSE 100 closes in the red as Federal Reserve's rate hike creates jitters
"Investors aren’t willing to forgive Fed Chair Jeremy Powell yet; a soft open on Wall Street threatens to drag the FTSE lower into the close," said Fiona Cincotta at City Index
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Bank of England unlikely to follow Fed rate hike lead after last monetary policy meeting of 2019
Recent weak economic data, a general malaise on Brexit and the febrile political environment is now likely to lead to UK policymakers to take more of a ‘wait and see’ approach
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Proactive Weekly oil & gas highlights: Block Energy, Solo Oil, Echo Energy, Sound Energy ...
It was another busy week in the junior oil and gas space
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Fed could be Grinch-like in final full trading week before Christmas, but BoE seen more festive
Aside from the UK and US rate decisions, the latest UK inflation and retail data will be closely eyed as well in the absence of almost anything on the corporate diary
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Proactive news snapshot: Block Energy, ReNeuron Group, OptiBiotix Health …
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
Science Group takes down the 'for sale' sign
A look at the day's major movers, including Photonstar, Capita, IHG, GVC, Reach and Balfour Beatty
Block Energy ‘highly encouraged’ as legacy well in West Rustavi field flows 500 barrels
“The recovery of more than 500 barrels of oil from the legacy vertical wellbore at West Rustavi 16a is highly encouraging and bodes well for our horizontal sidetrack programme."
Investments and investor services
Edenville Energy falls as it notifies shareholders of plans to switch Nomad
A look at the day's major movers, including RM, MySale, Bilby, MC Mining and Bango
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Proactive news snapshot: Eurasia Mining, Bango, Telit Communications …
A glance at some of the day's highlights from the Proactive Investors newswire
Block Energy to pioneer perforation technology in Georgia
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
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Proactive weekly oil & gas highlights: Sound Energy, Eland, Faroe Petroleum, Eco Atlantic ...
The past week brought well updates, new exploration plans, and some positive production reports.
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Proactive news snapshot: Faron Pharma, Itaconix, Eco Atlantic Oil & Gas …
A glance at some of the day's highlights from the Proactive Investors newswire
Premier African shares rise as it signs restructuring framework agreement with KME
A look at some of the biggest risers and fallers in London on Wednesday
Block Energy makes positive start to Georgia well workover programme
"After months of planning and preparation we are glad to report that we have undertaken the successful re-entry of three wells at Norio."
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FTSE 100 closes lower as traders stay wary; Ashtead Group biggest faller
FTSE 250 was also down - closing around 58 points lower at 18,271
Investments and investor services
Amerisur Resources high on Colombian deal
A look at the day's shiners and whiners, including Gaming Realms, Flybe, Interserve, Future, Galantas, Directa Plus and Mobile Streams
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Proactive news snapshot: Galantas Gold, Directa Plus, Seeing Machines, Gaming Realms …
A glance at some of the day's highlights from the Proactive Investors newswire
Block Energy confident a shares re-rating will happen as it posts maiden results
"We have strong fundamentals, are implementing our programme and are confident the market will recognise our inherent value, robust balance sheet and re-rating potential," said Philip Dimmock, Block's chairman
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Proactive news snapshot: Rockfire Resources, Active Energy Group, Greatland Gold …
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
Versarien agrees to joint-venture in China's Jinan innovation zone
A look at the day's rippers & kippers, including Centaur Media, Kromek Group, Active Energy, Haydale Graphene, Pipehawk, Mears Group, Rockfire Resources and Greatland Gold
Block Energy chief hails the entry of ExxonMobil to the Republic of Georgia
It validates the country's "credentials as a secure and stable place to do business”, he said
FTSE 100 closes lower as UK politics, Brexit remain the focus
The chief negotiator for the EU, Michel Barnier, has proposed extending the transition period for the UK to leave the bloc until as late as 2022. Theresa May said she was not keen on the idea
ExxonMobil’s plans in Georgia bode well for junior Block Energy
Exxon is going to evaluate the hydrocarbon potential in western Georgia.
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Proactive news snapshot: Immotion Group, NetScientific, AdEPT Technology …
A glance at some of the day's highlights from the Proactive Investors newswire
Proactive weekly oil & gas highlights: Block Energy, Aminex, Solo Oil, Union Jack Oil, G3 Exploration, 88 Energy, Angus Energy
In was another busy week for London's oil and gas stocks.
Block Energy appoints new non-executive director
Christopher Brown brings "deep knowledge and experience" discovering and developing oil and gas fields.
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Proactive news snapshot: Alliance Pharma, Avacta, Obtala, Caledonia Mining...
A glance at some of the day's highlights from the Proactive Investors newswire
FTSE 100 finishes in negative territory; Royal Mail slumps - again
FTSE 100 was on the losing team all day and closed down over 21 points at 7,474
Proactive Weekly Oil & Gas highlights: Total, SSE, Tullow, Chariot, United Oil & Gas, Cadogan Petroleum, 88 Energy, Aminex
The last week of September, as is typical, brought the obligatory series of financial results statements across the oil and gas sector.
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Proactive news snapshot: Eurasia Mining, Mosman Oil & Gas, Instem …
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
Market movers: N4 Pharma gets boost from the Men (and women) from EUNCL; Zinc Media surges after bagging several commissions
A look at the day's movers and shakers, featuring N4 Pharma, Zin Media, Rurelec, Trinity Exploration, Hurricane Energy, Thomas Cook, Gama Aviation, CyanConnode and Mosman
Block Energy inks rig deal for multi-well programme in Georgia
The first rig will be mobilised within the next few days, in order to start on scheduled work
FTSE 100 closes in the red as trade tariffs kick in
The UK blue-chip index lost almost 32 points at 7,458
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Proactive news snapshot: IXICO, Mkango Resources, Diversified Gas & Oil …
A glance at some of the day's highlights from the Proactive Investors newswire
Alumasc shares advance as it is 'well positioned' to outperform UK construction market
A look at some of the top risers and fallers in London on Tuesday
FTSE 100 stays in red at close as Brexit deal confidence wanes; trade fears persist
The UK bluechip index fell 25 points to 7,253 around 3.50pm
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Proactive news snapshot: Savannah Resources, Rockfire Resources, OptiBiotix Health …
A glance at some of the day's highlights from the Proactive Investors newswire
UK Oil & Gas rallies after completing Portland reservoir test at Horse Hill
A look at some of the top risers and fallers in London on Monday
Block Energy hires contractor for Georgia well programme
Block boss Paul Haywood described it as “the start of exciting times” for the Georgia focussed oil and gas junior
FTSE 100 ends in positive territory as Barnier now sees potential Brexit deal in weeks
The UK's index of leading shares added 1.6 points, or 0.02% , to finish at 7,279, while sterling was up 0.80% against the US dollar
Block Energy prepares for West Rustavi production
The plan is to conduct a programme of well work-overs and new drilling, with the first horizontal side-track well anticipated to get underway in the fourth quarter.
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Proactive news snapshot: Stobart Group, Anglo Pacific, Thor Mining, Falcon Oil & Gas...
A glance at some of the day's highlights from the Proactive Investors newswire
Amphion Innovations gets a boost from Polarean's progress
Some of the main news-driven risers and fallers in London on Thursday...
Block Energy on-track to grow production in Georgia
"We have been highly active on the ground since our IPO in June, preparing for an incredibly busy end to the year as we prepare to mobilise rigs to locations across our portfolio.”
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Proactive news snapshot: Strat Aero, Braveheart Investment, CentralNic Group …
A glance at some of the day's highlights from the Proactive Investors newswire
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Go-Ahead goes behind after HSBC downgrade
Companies covered: The AA, Go-Ahead Group, Safestyle, Strat Aero, Itaconix, Plant Health Care, Indivior, John Laing Infrastructure Fund
FTSE 100 finishes firmly lower as traders fret about global growth and oil slides
In the US, benchmarks got off to a slow start. The Dow Jones Industrial Average is up around 11 points
Block Energy happy to watch and learn to tap Georgia potential
West Rustavi is not Block’s only play in Georgia, it has stakes in two other licences, but it is the potential headline grabber
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Proactive news snapshot: Solo Oil, Alba Mineral Resources, Premier African Minerals, Cadence Minerals …
A glance at some of the day's highlights from the Proactive Investors newswire
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Sumo rallies as shareholders re-elect managers at AGM
A look at some of the top risers and fallers in London today
Block Energy raises interest in ‘highly prospective’ West Rustavi licence in Georgia
The oil and gas company said West Rustavi licence has proven reserves and multiple gas discoveries have already been made in the Lower Eocence and Upper Cretaceous within the licence
FTSE 100 pushes higher as crude rallies; US stocks up
The UK index of leading shares closed almost 84 points higher at 7,621..
Block Energy puts emphasis on production in Georgia
Block needs production of 120 barrels per day to break even at a US$70 oil price.