Page 12 - West Rustavi News Today : Breaking News, Live Updates & Top Stories | Vimarsana

  Block Energy plc, the development and production company focused on Georgia, announces that Paul Haywood, CEO, has exercised an option to acquire 4,400,000 ordinary shares of 0.25 pence each ("Ordinary Shares") at the exercise price of 2.5 pence per share.   On 16 March 2021, the Company received the exercise proceeds of £110,000 and allotted 4,400,000 Ordinary Shares to Paul Haywood.   Mr Haywood now holds 12,544,381 Ordinary Shares, representing 2.02 per cent of the Company's enlarged issued share capital, directly in his own name and a further 3,1...

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It was another eventful week in the junior oil and gas sector.

Investegate announcements from Block Energy PLC, First Gas Sales at West Rustavi Field

Block Energy has announced that gas sales from its West Rustavi field in Georgia have commenced. West Rustavi wells WR-38Z and WR-16aZ are now on continuous production.