With Block Energy (LSE:BLOE) gearing up for a major drilling programme aimed at realising the full potential of its West Rustavi field following strong test flow results earlier this year, it is all...
BLOE
Block Energy takes a hit as production resumes at West Rustavi (BLOE)
Block Energy (LSE:BLOE) had fallen by more than a fifth to 8.6p on Friday morning after announcing that production had resumed at its flagship West Rustavi field in Georgia. The business said...
ValueTheMarkets Podcast 011 – with Paul Haywood, CEO of Block Energy (BLOE)
Today's guest on the ValueTheMarkets podcast, is Paul Haywood, Chief Executive Officer of Block Energy (LSE:BLOE). Block is using new technology to drill previously discovered oil and gas fields in...
Block Energy raises £12m to unlock West Rustavi’s ‘company-making potential’ (BLOE)
AIM darling Block Energy (LSE:BLOE) was trading down 3.5pc at 12.6p on Wednesday after raising £12m to accelerate its Georgian drilling activities hot on the heels of its success at West Rustavi....
Block Energy on the rise again as strong West Rustavi results continue (BLOE)
Block Energy (LSE:BLOE) was trading at another all-time high on Wednesday morning, with shares rising 27.6pc to 10.6p. The Georgia-focused business, which now has a £22.5m market cap, revealed that...
Block Energy’s Paul Haywood offers further insight into Monday’s ‘extraordinary’ West Rustavi drill results (BLOE)
Shares in Block Energy (LSE:BLOE) soared 83pc to a record 7.3p on Monday morning after the firm revealed ‘extraordinary’ test flow rates at a critical well in Georgia. The business said initial...
Block Energy to take full ownership of West Rustavi field in Georgia (BLOE)
Block Energy (LSE:BLOE) advanced 4.5pc to 4.1p on Tuesday morning after announcing an agreement to take over 100pc of the highly prospective West Rustavi oilfield in Georgia. The business, which has...
Block Energy launches drilling campaign at major oil field in Georgia (BLOE)
Block Energy (LSE:BLOE) bounced 6.6pc to 3.6p on Tuesday after revealing that drilling has begun at one of its prospective fields in Georgia. The firm has lowered a sidetrack drilling device into an...
Block Energy’s CEO Paul Haywood on firm’s ‘very positive’ progress as it heads towards 900bopd production (BLOE)
Block Energy (LSE:BLOE) currently sits at 3.1p after receiving a boost earlier this week when it revealed strong initial production results at its Norio oilfield in Georgia. The news was...