viewBlock Energy PLC

Block Energy begins trading on AIM amid plans to enhance production

Block Energy

Block Energy Plc's (LON:BLOE) Paul Haywood tells Proactive that the company holds three licenses in the country of Georgia, an area that is starting to appear on the radar of several oil majors.

Haywood adds that the firm, whose shares have just begun trading on AIM, is currently producing around 20 barrels of oil per day of light crude, with an immediate plan to enhance existing production through a work programme expected to start within the next few months.

Quick facts: Block Energy PLC

Price: 2.225 GBX

Market: AIM
Market Cap: £9.7 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Block Energy PLC named herein, including the promotion by the Company of Block Energy PLC in any Content on the Site, the Company receives from...



Block Energy increases stake in ‘highly prospective’ West Rustavi licence

Paul Haywood, director of Block Energy Plc (LON:BLOE), tells Proactive Investors they've acquired an additional 20% interest in the ‘highly prospective’ West Rustavi licence in Georgia - taking their stake to 25%. Haywood says the West Rustavi licence has proven reserves and multiple gas...

on 29/6/18

2 min read