Page 13 - West Rustavi News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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Investegate announcements from Block Energy PLC, Exercise of Options

8 February 2021 | 08:50am StockMarketWire.com - Development and production company Block Energy said production from the WR-38Z and WR-16aZ at its West Rustavi field had recommenced. The expected revenue from both its oil and gas production provided a welcome boost to Block's cashflow position, further strengthened by the current higher oil price, the company said. 'Production from the wells remains stable and consistent with the production rates achieved before they were shut-in in April 2020,' it added. At 8:50am: [LON:BLOE] Block Energy Plc Ord Shs Gbp0.0025 share price was 0p at 3.05p Sto...

The London-listed company closed down the wells in April, to conserve gas until a sales pipeline was ready.

Follow Oliver on: A round-up of some of the big share price moves in London on Monday Yourgene Health PLC (LON:YGEN), the diagnotics group, has sent its shares 8% to 12.05p lower in afternoon trading, with the warning that while trading in the second half was better than the first, full-year sales will be below market estimates. The company said it made around £4mln from coronavirus testing, including through the UK's Fit to Fly and Test to Release schemes, but this was crimped by restrictions on domestic and international travel. Along with its network of partners, the company said it was ...