Block Energy engages EPI’s Outsourced Development Department
EPI are very pleased to announce that Block Energy Plc have engaged our Outsourced Development Department or ODD ® in an innovative strategic partnership. EPI's COO of Geoscience, Gehrig Schultz said: “This model provides a cost-effective and high-quality development team, allowing clie ...Oil Price, DGO, Block Energy, and Finally…
WTI $52.58 +$1.43, Brent $61.45 +1.30, Diff -$8.87 -13c, NG $4.12 -1c Oil Price It looks like the oil price will be roughly even on the week, today it is down a touch on the poor Chinese economic data but the better than expected inventory data from the API, EIA and Genscape have also shown s ...Malcolm Graham-Wood - Malcy's Blog
Block Energy Plc Begins Workover Operations in Georgia
Block Energy Plc, the exploration and production company focused on the Republic of Georgia, is pleased to announce the start of a fully-funded workover programme at its Norio oil field intended to scale up production rapidly by the end of 2018. The Company plans to carry out two workover campaigns ...Block Energy plc - MOU Agreed For Gas Offtake From West Rustavi Licence
Block Energy Plc, the exploration and production company focused on the Republic of Georgia , is pleased to announce it has signed a Memorandum of Understanding (“MOU”) with Bago Ltd (“Bago”), one of the largest private gas suppliers and purchasers in Georgia, for a proposed offtake agreement for ...Block Energy Plc - Rig & Equipment Contract Signed for Multi-Well Programme in Georgia
Block Energy Plc, the exploration and production company focused on the Republic of Georgia , is pleased to announce that it has signed an agreement (‘the Agreement') with JSC Norio Oil Company (‘JSC NOC'), a Georgian drilling contractor, and Georgia Oil and Gas Ltd (‘GOG'), a British Virgin Islan ...Block Energy Plc - MOU Agreed For Hire of Drilling and Workover Rigs
Block Energy Plc, the exploration and production company focused on the Republic of Georgia , is pleased to announce execution of a non-binding Memorandum of Understanding (‘MOU') with Georgia-based drilling contractor, JSC Norio Oil Company (‘NOC'), for the provision of a drilling and a workover ...
Block Energy Plc (‘Block' or ‘the Company'), the exploration and production company focused on the Republic of Georgia , is pleased to announce that the Production Sharing Contract (‘PSC') terms for its West Rustavi licence (‘West Rustavi' or ‘the Licence') have been accepted by the government of ...Block Energy Plc - Operations Update
Block Energy Plc, the exploration and production company focused on the Republic of Georgia, is pleased to announce an operations update from its Norio licence (100% working interest), Satskhenisi licence (90% working interest) and the West Rustavi permit (25% working interest) which collectively h ...Block Energy - Increases Stake in Georgian Licence by 20% and Issue of Options and Warrants
Block Energy Plc (‘Block', ‘the Company' or ‘the Group') Increases Stake in 608 BCF and 37.9MMBbls Georgian Licence Issue of Management Incentive Options and Issue of Warrants Block Energy Plc, the exploration and production company focused on the Republic of Georgia , is pleased to an ...Oil Price, Enteq Upstream, Upland Resources, Block Energy, and Finally…
WTI $66.36 +26c, Brent $75.88 -58c, Diff -$9.52 -84c, NG $2.94 -1c Oil Price Well, you can as they used to say, you pays your money and takes your choice with regard to what might happen in the oil market in the run up too and after, the Opec meeting next Friday. Pretty much all options are s ...Malcolm Graham-Wood - Malcy's Blog
Block Energy Plc Admission to AIM and First Day of Dealings
Block Energy Plc, the exploration and production company focused on the Republic of Georgia, is pleased to announce that at 08:00 today its ordinary shares commenced trading on AIM under the ticker BLOE.L (‘Admission'). As part of the Admission process, the Company has raised £5 million before exp ...Oil Price, Echo Energy, Block Energy, and Finally…
WTI $65.74 -21c, Brent $76.46 -86c, Diff -$10.72 -65c, NG $2.89 -4c Oil Price Oil was down modestly on Friday and pushed it into negative territory for the week, WTI lost just 7c and Brent 33c after the usual ups and downs. There are still opposing forces operating which will likely keep thin ...Malcolm Graham-Wood - Malcy's Blog
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