Block Energy launches farm-out process at Project III
12th Feb 2024 12:51
(Sharecast News) - Block Energy announced the start of the farm-out process for Project III on Monday, targeting the development of a gas resource in Georgia.
Read moreBlock Energy takes wraps off large carbon capture opportunity
16th Jan 2024 14:10
(Sharecast News) - Georgia-focussed developer and producer Block Energy unveiled a significant carbon capture and storage (CCS) opportunity within Block XIB on Tuesday.
Read moreBlock Energy average production slips in third quarter
12th Oct 2023 13:20
(Sharecast News) - Georgia-focussed oil and gas company Block Energy reported an average production of 630 barrels of oil equivalent per day (boepd) in its third quarter on Thursday, slightly below the second quarter's 664 boepd.
Read moreBlock Energy reaches total depth with latest well
31st Aug 2023 14:43
(Sharecast News) - Georgia-focussed development and production company Block Energy announced on Thursday that well WR-34Z had reached total depth, and drilling operations had ceased.
Read moreBlock Energy pulls pin on Covid salary sacrifice scheme
6th Apr 2023 15:36
(Sharecast News) - Georgia-focussed developer and producer Block Energy announced the termination of its salary sacrifice scheme on Thursday, effective from 1 April.
Read moreBlock Energy upbeat on latest testing results
21st Dec 2022 12:30
(Sharecast News) - Georgia-focussed explorer and producer Block Energy announced on Wednesday that the JSR-01 DEEP testing programme had proven oil from a previously-unproduced zone in the Patardzeuli field.
Read moreBlock Energy starts drilling next West Rustavi well
13th Dec 2022 13:07
(Sharecast News) - Georgia-focussed explorer and producer Block Energy announced on Tuesday that drilling operations on well WR-B01 ST had started.
Read moreBlock Energy makes progress across three Georgia projects
2nd Nov 2022 15:25
(Sharecast News) - Georgia-focussed explorer and developer Block Energy said in an update on Wednesday that the JSR-01 DEEP well had been safely drilled and completed below budget.
Read moreBlock Energy restarts production from West Rustavi wells
8th Feb 2021 11:44
(Sharecast News) - Georgia-focussed development and production company Block Energy updated the market on operations at its West Rustavi field on Monday, reporting that production from the WR-38Z and WR-16aZ wells had now restarted.
Read moreBlock Energy makers progress at West Rustavi
16th Nov 2020 14:41
(Sharecast News) - Georgia-focussed exploration and production company Block Energy provided a progress report on its early production facility on the West Rustavi oil and gas field on Monday.
Read moreBlock Energy reports positive progress from West Rustavi
17th Dec 2019 15:08
(Sharecast News) - Georgia-focussed exploration and production company Block Energy announced on Tuesday that well WR-38Z at its flagship West Rustavi field is flowing naturally following clean-up operations, and was ready for production testing.
Read moreBlock Energy mobilises drilling rig for next well at West Rustavi
29th Aug 2019 08:47
(Sharecast News) - Georgia-focussed exploration and production company Block Energy announced the mobilisation of a ZJ40 drilling rig to the site of well 38Z at its flagship West Rustavi field on Thursday, in preparation for planned horizontal sidetrack operations.
Read moreShares rally as oil producer Block Energy hits gold
1st Apr 2019 15:21
(Sharecast News) - Shares in Aim's Block Energy have surged 60% after the oil explorer announced testing at a well in the Republic of Georgia had exceeded expectations.
Read moreBlock Energy upbeat on workover programme at Norio
7th Mar 2019 15:24
(Sharecast News) - Georgia-focussed exploration and production company Block Energy reported an increase in production rate at its 100%-held Norio field on Thursday, where it was implementing a multi-well workover programme.
Read moreBlock Energy launches two-well sidetracking programme
23rd Jan 2019 16:00
(Sharecast News) - Block Energy rose on Wednesday after beginning sidetrack operations in the existing 16a wellbore at its West Rustavi field in the Republic of Georgia.
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