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Share Price: 1.60

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Ask: 1.70

Change: 0.00 (0.00%)

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Open: 1.60

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Block Energy To Change Year-End To December 31

Wed, 26th Jun 2019 15:07

(Alliance News) - Georgia-focused oil and gas exploration company Block Energy PLC on Wednesday said it will change its accounting reference date to December 31 from June 30.

It said this was in order to bring its financial reporting in line with peer companies and to carry out its year-end work when there is a seasonal reduction in operational activities.

The company now will release a second set of interim results for the 12-month period ending June 30 by September 30 and the final results for 18-month period ending December 31 by April 30, 2020.

Shares in Block Energy were trading 0.7% lower at 10.68 pence each in London.

More News

10 Jan 2023 12:26

Block Energy promotes Non-Exec Ken Seymour to chief operating officer

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

21 Dec 2022 19:20

TRADING UPDATES: Atlantis Japan underperforms; Bellevue lowers payout

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

21 Dec 2022 12:30

Block Energy upbeat on latest testing results

(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.

13 Dec 2022 20:38

TRADING UPDATES: Savannah Energy ends deal; Plaza signs addendum

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

13 Dec 2022 13:07

Block Energy starts drilling next West Rustavi well

(Sharecast News) - Georgia-focussed explorer and producer Block Energy announced on Tuesday that drilling operations on well WR-B01 ST had started.

12 Dec 2022 11:31

Block Energy agrees 50% farmout deal for exploration opportunities

(Alliance News) - Block Energy PLC on Monday said it entered into a 50% farmout agreement with exploration company Georgia Oil & Gas Ltd for part of Block Energy's XI licence block.

12 Dec 2022 10:38

AIM WINNERS & LOSERS: Velocys shares jump on two UK government grants

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

30 Nov 2022 11:29

AIM WINNERS & LOSERS: Europa Metals ups grade levels at Toral project

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

30 Nov 2022 11:27

Block Energy celebrates SLB decision not to use acquisition option

(Alliance News) - Block Energy PLC on Wednesday said that SLB, the biggest offshore drilling contractor in the world according to Bloomberg, had decided against exercising its rights to buy 108 million shares in the business.

2 Nov 2022 15:25

Block Energy makes progress across three Georgia projects

(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.

2 Nov 2022 14:49

TRADING UPDATES: Caledonia buys Motapa Mining, Gem Diamonds revenue up

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

13 Oct 2022 14:42

TRADING UPDATES: Zotefoams expects annual profit to top consensus

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

5 Oct 2022 21:14

TRADING UPDATES: Block Energy swings to profit; GreenX loss widens

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and Friday and not separately reported by Alliance News:

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:

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.