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Share Price: 1.175
Bid: 1.10
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Change: -0.025 (-2.08%)
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Open: 1.20
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Block Energy promotes Non-Exec Ken Seymour to chief operating officer

Tue, 10th Jan 2023 12:26

(Alliance News) - Block Energy PLC on Tuesday named its Non-Executive Director Ken Seymour as its new chief operating officer.

Block Energy is a London-based oil and gas company focused on Georgia.

Seymour has been a non-executive director of the company since September 6, 2021. He will step down from the board immediately, in order to devote more time to his new role.

Block Energy said Seymour has over 40 years of industry experience as a drilling engineer, drilling superintendent, drilling manager, asset manager, director and adviser.

The company noted that it has initiated a search for a replacement independent non‑executive director.  

Non-Executive Chair Philip Dimmock said: "We are delighted that Ken has agreed to take up the role of COO at Block. Applying his considerable skills and experience as a member of the executive team, he will make an even greater contribution to the company's activities as it continues to accelerate the development of its operations and projects in Georgia."

Shares in Block Energy were down 1.9% to 1.20 pence each in London on Tuesday afternoon.

By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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15 Oct 2018 11:08

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Block Energy Signs Preliminary Gas Offtake Agreement In Georgia

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Block Energy Appoints Christopher Brown As Non-Executive Director

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Block Energy Signs Deal For Equipment To Start Georgian Work Programme

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Block Energy Agrees To Hire Drilling And Workover Rigs From JSC Norio

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28 Aug 2018 12:40

Georgian Government Approves Block Energy Production Sharing Deal

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28 Aug 2018 11:17

Georgian government accepts Block Energy's terms for West Rustavi

(Sharecast News) - Exploration and production company Block Energy announced on Tuesday that the production sharing contract (PSC) terms for its West Rustavi licence have been accepted by the government of the Republic of Georgia.

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23 Aug 2018 12:29

Block Energy On Track For First Phase Of Production Scale Up Programme

LONDON (Alliance News) - Block Energy PLC said Thursday it is on track to start the first phase of its production scale up programme in the "near term".The Georgia-focused & a

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23 Aug 2018 09:04

Block Energy makes solid progress following June IPO

(Sharecast News) - Georgia-focussed exploration and production company Block Energy announced an operations update from its Norio licence, where it has a 100% working interest; Satskhenisi licence, where it has a 90% working interest; and the West Rustavi permit, where it has a 25% working interest, on Thursday.

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18 Jun 2018 17:48

Miton Group Raises Stake In Block Energy To 9.2% After Transaction (ALLISS)

LONDON (Alliance News) - Block Energy PLC said Monday investment management company Miton Group PLC had increased its stake in the oil & gas exploration company to 9.2% after a transaction on

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12 Jun 2018 18:13

Amati AIM VCT Increases Stake In Block Energy To 15% (ALLISS)

LONDON (Alliance News) - Block Energy PLC said Tuesday that Amati AIM VCT PLC had increased its stake in the oil & gas company to 15% after a transaction on Monday.Amati raised its to

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