Last checked at 27 Sep 2022 22:07
TRADING UPDATES: Goldstone Resources hails results; PCF moves deadline
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read more
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- Stock Screeners
- Share Chat
- FX
- News & RNS
- Events
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
Block Energy P. Share News (BLOE)
BLOE Share
Price
BLOE Share
News
BLOE Share
Chat
BLOE Share
Trades13
BLOE
Live RNS
BLOE Share
Charts
BLOE Level 2
Console
BLOE Live
Share Price
BLOE Broker
Ratings
BLOE Directors
Deals
BLOE Financial
Diary
BLOE
Fundamentals
BLOE Short
Positions
BLOE
Media
Block Energy P. Information
Share Price Information for Block Energy P. (BLOE)
Share Price is delayed by 15 minutes
Get Live Data
Share Price:
1.225
Bid:
1.15
Ask:
1.30
Change:
-0.10 (-7.55%)
Spread:
0.15 (13.043%)
Open:
1.325
High:
1.325
Low:
1.20
Prev. Close:
1.325
Last checked at -
Watchlists are a member only feature
Login to your account
Don't have an account? Click here to register.Block Energy aims for 900bopd after "excellent" production results at new well
Mon, 14th Jan 2019 16:09
(Sharecast News) - Georgia-focussed oil and gas company Block Energy lauded its "excellent" initial production results from well-44 on its Norio Field, on Monday.The AIM traded company's well flowed at a rate of 45 barrels per day over a five-hour period, making for "highly encouraging" progress towards a targeted 25-fold increase in production at the field, with 250 bopd aimed for by the end of the first quarter.Paul Haywood, chief executive of Block Energy, said: "We're delighted to announce such an excellent initial recovery at Norio as we work towards our target of producing 250 bopd from the field by the end of H1 2019. If production results continue to be positive we look forward to making increasingly effective use of the specialist perforation tool at Norio 44 and three further wells."In addition to the Norio programme, the company is preparing to drill two horizontal sidetracks at wells 16a and 38 on its West Rustavi field, also in Georgia, targeting a combined gross production of 650 barrels of oil per day by the end of the first quarter of 2019.The company is fully-funded to undertake the work programmes at Norio and West Rustavi and subsequently expects to generate £13m of revenue per year, based on present oil prices, outstripping its current £7m market valuation."We look forward to providing further updates, as we press ahead with our strategy to build a leading independent oil and gas company in Georgia, and in the process generate significant value for our shareholders," said Haywood.Block Energy's shares were up 3.58% at 3.47p at 1613 GMT.
More News
13 Sep 2022 17:55
IN BRIEF: Block Energy Chief Financial Officer McAvock to resign
Block Energy PLC - London-based oil and gas company focused in Georgia - Chief Financial Officer William McAvock will resign with effect on September 30, as part of the company's aim to make the position redundant in order to improve efficiency.
Read more5 Sep 2022 11:07
AIM WINNERS & LOSERS: Avacta gets approval; Jubilee's Roan at capacity
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.
Read more5 Sep 2022 10:46
Block Energy shares up as starts drilling at Georgian JSR-01DEEP well
(Alliance News) - Block Energy PLC on Monday said it started drilling at JSR-01DEEP in Georgia, about 26 miles to the east of the nation's capital Tbilisi.
Read more1 Aug 2022 21:18
Block Energy notes CPR supports future West Rustavi field activity
Block Energy PLC - London-based oil and gas company focused in Georgia - Results from Competent Person's Report covering the Krtsanisi Anticline of the West Rustavi and Krtsanisi oil field, are in support of Block's sub-surface studies, and provides the basis to seek development financing for the next five wells of project I, the development of the Middle Eocene oil reservoir.
Read more27 Jul 2022 16:11
UK shareholder meetings calendar - next 7 days
| Thursday 28 July | |
| B&M European Value Retail SA | AGM |
| Braemar Shipping Services PLC | AGM |
| CMC Markets PLC | AGM |
| CMC Markets PLC | GM re proposed related party transaction |
| CYBA PLC | AGM |
| De La Rue PLC | AGM |
| discoverIE Group PLC | AGM |
| Eight Capital Partners PLC | AGM |
| Eurasia Mining PLC | AGM |
| GB Group PLC | AGM |
| Global Smaller Companies Trust PLC | AGM |
| Graft Polymer (UK) PLC | AGM |
| Ingenta PLC | AGM |
| Mediclinic International PLC | AGM |
| Octopus Renewables Infrastructure Trust PLC | GM re investing in offshore wind farms in core focus |
| Oxford Instruments PLC | AGM |
| RentGuarantor Holdings PLC | AGM |
| Tate & Lyle PLC | AGM |
| Ted Baker PLC | AGM |
| Friday 29 July | |
| Eneraqua Technologies PLC | AGM |
| Global Ports Holding PLC | GM re elections of Ajini and Iosifakis as directors |
| Palace Capital PLC | AGM |
| ProCook Group PLC | AGM |
| Record PLC | AGM |
| Rogue Baron PLC | AGM |
| Sirius Real Estate Ltd | AGM |
| Standard Chartered PLC | GM re approving HY announcement, interim dividend |
| Monday 1 August | |
| Cranswick PLC | AGM |
| Tuesday 2 August | |
| Caffyns PLC | AGM |
| Syncona Ltd | AGM |
| Tanfield Group PLC | AGM |
| Wednesday 3 August | |
| Block Energy PLC | AGM |
| Molten Ventures PLC | AGM |
| Cambium Global Timberland Ltd | GM re wind-up |
| John Wood Group PLC | GM re Built Environment sale |
| Sequoia Economic Infrastructure Income Fund Ltd | AGM |
| Edenville Energy PLC | AGM |
| RiverFort Global Opportunities PLC | AGM |
| Conduity Capital PLC | AGM |
| Scirocco Energy PLC | AGM |
| D4t4 Solutions PLC | AGM |
| Copyright 2022 Alliance News Limited. All Rights Reserved. | |
26 Jul 2022 15:17
TRADING UPDATES: Lords, Personal revenue up; Block Energy drills well
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read more12 Jul 2022 11:36
Block Energy secures licensing rights of Block XI until 2043
(Alliance News) - Block Energy PLC on Tuesday said it has received confirmation from Georgia's State Agency of Oil & Gas that it has completed the minimum work programme in the production sharing contract for Block XI.
Read more11 Jul 2022 15:52
IN BRIEF: Block Energy revenue falls despite higher production
Block Energy PLC - London-based oil and gas company focused in Georgia - Reports "strong and consistent" second quarter performance in 2022 with average production of 519 barrels of oil equivalent per day, up from 512 boepd in the previous quarter. Revenue, however, falls to USD2.2 million from USD2.4 million. Adds that the preparations for a five-well development plan are complete and ready for execution.
Read more1 Jul 2022 11:44
Block Energy loss narrows; targets production increase in year ahead
(Alliance News) - Block Energy PLC on Friday reported a narrowed loss as it plans to step up production.
Read more8 Apr 2022 21:57
TRADING UPDATES: Block Energy ups production; SEEEN wins new customers
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more24 Feb 2022 21:57
TRADING UPDATES: Enwell shuts down operations; i3 ups oil production
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read more24 Jan 2022 11:26
AIM WINNERS & LOSERS: Touchstar rises on outlook; Advance Energy sinks
AIM WINNERS & LOSERS: Touchstar rises on outlook; Advance Energy sinks
Read more24 Jan 2022 10:35
Block Energy rises on success of JKT-01Z well testing in Georgia
Block Energy rises on success of JKT-01Z well testing in Georgia
Read more11 Jan 2022 11:26
Block Energy jumps following sharp fourth-quarter revenue rise
Block Energy jumps following sharp fourth-quarter revenue rise
Read more