Member Info for ADT1

he said at the end no shortage of news to come from many angles - AIM thrives on news

good chance next week

He nearly slip the spud date in this interview - clawed back saying date announced VERY soon

https:// www. v o x markets. co.uk/articles/block-energy-and-europa-metals-65777d5/

Just need the production figures next week - oil now $67.04

Tide turning

Oil going well

excellent report - thanks for sharing - news on Block could come from many angles at any time - not one to play around with - moves fast on news

Brilliant podcast - worth a listen tonight

ValueTheMarkets Podcast 011 – with Paul Haywood, CEO of Block Energy (BLOE)

https://www.valuethemarkets.com/2019/07/09/valuethemarkets-podcast-011-with-paul-haywood-ceo-of-block-energy-bloe/

fantastic -,look forward to your notes on the meeting

Will soon find out

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The well was flowing so strongly that we needed to quickly secure much greater storage

Q2. Can you give an overview of the recently drilled West Rustavi 16az and the production process, storage and distribution for this well?

As everyone who has followed our progress over the past year knows 16aZ recorded excellent oil production rates of at least 1,100 bbl/d when tested earlier this year, more than three times higher than pre-drill expectations, confirming the field’s company-making potential.

The well was flowing so strongly that we needed to quickly secure much greater storage capacity than was available onsite. So we’ve entered into an agreement with GOGC to hire up to 90,000 bbls of Oil capacity at their principal storage facility, about 30 km from West Rustavi along the Khakheti highway, one of the country’s main transport arteries. The agreement will allow 16aZ to flow at its full potential, opening the prospect of excellent netbacks of US$36/bbl at US$65/bbl Brent, and US$3.40/MCF for gas. We are also building our West Rustavi’s onsite central production facilities to a capacity of 4,000-5,000 bbl/d.

https://total-market-solutions.com/2019/07/08/ceo-interview/

You will get production numbered this week . Give it 24 / 48 hours on tap then numbers not 5 minutes .

This well is flowing strong and the number will be high bopd

just converted to pounds and thats a cracking rate for the same as 16a

Rate for exclusive use for 12 months is £600k which is £1,644 per day.

IMMEDIATE availability also

will heat up soon

Good net backs of $36

Cracking news and rate on exclusive rig use for 12 months - 4 wells back to back coming up

Block Energy secures equipment for next phase of West Rustavi drilling

Block will pay US$750,000 (equivalent to US$2,055 per day) for 12 months' exclusive use

https://www.proactiveinvestors.co.uk/companies/news/223489/block-energy-secures-equipment-for-next-phase-of-west-rustavi-drilling-223489.html

all coming together nicely

This will move up this afternoon and blue imo . Production storage rns last Monday said approx 7 days .

some definitely miss red and will be caught out

Production this week and prep now being done for well 38 - spud date next - could be within weeks - rig ready