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Block Energy plc (BLOE) Ordinary 0.0025p

Sell:1.40p Buy:1.60p 0 Change: 0.1p (7.14%)
Market closed Prices as at close on 19 April 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:1.40p
Buy:1.60p
Change: 0.1p (7.14%)
Market closed Prices as at close on 19 April 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:1.40p
Buy:1.60p
Change: 0.1p (7.14%)
Market closed Prices as at close on 19 April 2024 Prices delayed by at least 15 minutes | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Block Energy Plc is an independent oil and gas production and development company focused on fields in Georgia. The Company’s projects include Blocks XI B & IX, West Rustavi, Norio, and Satskhenisi. The Company is engaged in the evaluation and development of natural gas resources throughout the Eocene in Blocks XIF and XIB. Block XIB (about 615 square kilometers) is a productive block, with over 180 million bbls of oil produced from the Middle Eocene. Exploration Block IX has about 38 wells with two drilled wells with oil and gas shows. West Rustavi onshore oil and gas field covers approximately 36.5 square kilometers (km2) with multiple wells. Norio onshore oil field is located approximately 35 kilometers (km) from the center of Tbilisi. Satskhenisi onshore oil field produces from the Maikop and shallow Sarmatian lithologies. The Company's segments include Oil Extraction and Corporate and other. The Company has an operations subsidiary in Georgia, Block Operating Company LLC (BOC).

Contact details

Address:
Lansdowne House, 57 Berkeley Square
LONDON
W1J 6ER
United Kingdom
Telephone:
+44 (020) 34689891
Website:
https://www.blockenergy.co.uk/

Important dates

Future events
There are no future events available.
Past events
Interim results 29 September 2023 29/09/23
Drilling report 31 August 2023 31/08/23
AGM 20 June 2023 20/06/23
Final results 11 May 2023 11/05/23

General stock information

EPIC:
BLOE
ISIN:
GB00BF3TBT48
Market cap:
£10.87 million
Shares in issue:
724.68 million
Sector:
No specific Industry
Exchange:
London Stock Exchange
Currency:
Sterling pence
Indices:
n/a

Key personnel

  • Paul Haywood
    Chief Executive Officer, Executive Director
  • Kenneth Seymour
    Chief Operating Officer

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by NBTrader.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.