Block Energy gets farm-in proposal for Georgia's Project III

8th Dec 2025 14:59

(Sharecast News) - Block Energy announced on Monday that it had received a non-binding farm-in proposal for its Project III gas interests in Georgia, offering to fund appraisal and early development work at the Patardzueli-Samgori field.

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Block Energy spuds first slim hole technology well

19th Sep 2025 14:34

(Sharecast News) - Block Energy announced the spud of its KRT-39ST well in Georgia on Friday, marking the first pilot of its new slim hole drilling technology.

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Block Energy completes first carbon dioxide injection pilot

26th Aug 2025 11:18

(Sharecast News) - Block Energy announced the completion of the first carbon dioxide mineralisation injection pilot in Georgia on Tuesday, marking what it called a significant milestone for carbon capture and storage in the region.

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Block Energy reports progress across Georgia portfolio

12th Aug 2025 14:06

(Sharecast News) - Block Energy said in an update on Tuesday that it is advancing multiple projects across its Georgian portfolio, including farmout negotiations, a carbon capture and storage (CCS) pilot, new drilling activity and potential new ventures.

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Block Energy reports progress at Georgia carbon capture project

14th Apr 2025 11:45

(Sharecast News) - Block Energy reported progress on phase two of its carbon capture and storage (CCS) project in Georgia on Monday, with key subsurface uncertainties now resolved ahead of a planned pilot carbon dioxide injection into the Patardzueli Middle Eocene reservoir.

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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.

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Block 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.

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Block 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.

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Block 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.

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Block 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.

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Block 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.

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Block 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.

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Block 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.

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Block 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.

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Block 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.

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