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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).
The FG is set to tackle the power challenges in Nigeria with an additional 500 million standard cubic feet of gas in the domestic market.
The President, Bola Ahmed Tinubu, has commissioned the Seplat Energy ANOH Gas Processing Plant, marking a significant milestone in
2024 Year-to-Date Total Company Average Production1 of Approximately 33,100 BOPD, 6% Percent Increase from Fourth Quarter 2023Total Current2 Company...
2024 Year-to-Date Total Company Average Production1 of Approximately 33,100 BOPD, 6% Percent Increase from Fourth Quarter 2023Total Current2 Company Average Production of Approximately of 35,200 BOPD ...