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RNS Number: 0077 B Block Energy PLC 07 June 2021 7 June 2021. Block Energy plc, the development and production company focused on Georgia, announces...
Investegate announcements from Block Energy PLC, Exercise of Options / PDMR Dealing
TRADING UPDATES: Block Energy 2020 revenue jumps; Kanabo loss narrows Wed, 2nd Jun 2021 19:10 (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Block Energy PLC - development and production company focused on Georgia - Reports revenue for 2020 of USD1.3 million compared to USD310,000 the year ago, resulting in pretax loss of USD5.5 million versus USD6.1 million in 2019. Block Energy says production of oil and gas from the two horizontal wells in its West Rustavi licence area was suspended in A...
Investegate announcements from Block Energy PLC, Issue of Options and Shares and PDMR Dealing
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 an...