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May 23, 2024
Block Energy, the development and production company focused on Georgia, has announced its audited results for the year ended 31st December 2023. The Company significantly increased EBITDA to $1,469,000 from $158,000. The Project IV farm-out was completed, achieving a carried work programme valued at over $3 million (gross).
April 23, 2024
Eocene Epoch, second of three major worldwide divisions of the Paleogene Period (66 million to 23 million years ago) that began 56 million years ago and ended 33.9 million years ago. It follows the Paleocene Epoch and precedes the Oligocene Epoch. The Eocene is often divided into Early (56 million
February 14, 2024
Block Energy launched a farmout process for the development of a group of gas assets in the Eurasian country of Georgia.
February 11, 2024
Block Energy plc, a development and production company in Georgia, announced an Independent Engineering Report indicating over 1 Tcf of 2C contingent natural gas resources in the Patardzueli and Samgori fields in license XIB with a Net Present Value of more than $500 million.
February 8, 2024
The following is a round-up of trading updates for London-listed companies, issued on Thursday and not separately reported by Alliance News: ---------- Xtract Resources PLC - London-based diversified...
December 27, 2023
Block has designed a multi-stage appraisal and development plan that is being used to facilitate discussions with possible partners.
December 22, 2023
Block Energy PLC - exploration and production company focused on Georgia, applying new technology to previously discovered oil fields - Says it is well funded to deliver its high-impact strategy in...
December 22, 2023
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.
April 26, 2023
Investegate announcements from Block Energy PLC, PDMR Dealing