Thu, 08th Aug 2019 11:59
LONDON (Alliance News) - Georgia-focused Block Energy PLC on Thursday said the rig to be used in drilling in the country has now been mobilised.
The rig is to drill a sidetrack on well 38Z, on Block's flagship West Rustavi field. This is one of four wells scheduled to be sidetracked on the field, which is 100%-owned by Block.
Shares were 2.2% lower on Thursday at a price of 7.82 pence each.
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Block Energy P. (BLOE)