Georgia: Block Energy announces Q1 operational update 07 Apr 2021 Block Energy, the development and production company focused on Georgia, has announced an operational update and provided its 2021 objectives and drilling programme. Block is currently producing at a production rate across all the Company's licences (excluding WR-16aZ well, which is undergoing intervention) of 555 boepd (30-day average). Highlights 2021 objectives set, including drilling two wells, each targeting 600 boepd The first well at the WR-BA well site is expected to spud in May/June 2021. The second well's location and timing will be finalised based on the learnings from the WR-BA well ZJ-40 drilling rig hired and rig inspection completed confirming rig readiness