Member Info for bobbbyrash

Black Sea Petroleum: Building Energy Security and Strategic Leverage for Georgia - Georgia Today https://share.google/dBW7vCk5K9WDUVpCL

More US investment in Georgia 👍 I'm sure Aspect will be helping supply the Kulevi oil refinery from project 4 in the coming years..

With 4.9m bought in the last few hours of trading then an RNS Monday morning might well arrive. Our 3 TCF of gas must be in demand 😉 please don't go up before 5th April.... Have a great weekend all, our time is nearly here 💰

Https://bm.ge/en/news/hunnewell-cement-plans-major-plant-expansion-in-kaspi-under-irakli-rukhadze-and-co-investment-fund

Excellent news for more carbon emissions 👍 another massive future partner for Block located very close to Tbilisi. This CCS project is worth billions 💲 looking forward to the next update.

Big Tech looks to carbon credits amid AI race; Microsoft leads https://www.cnbc.com/2026/03/16/microsoft-carbon-credits-ai-tech-google-meta.html

Block energy has loads of carbon credits to sell if you are interested?? It's one of the largest and lowest cost CCS projects in Europe and it's worth billions 👍🤫

Https://jpt.spe.org/santos-poised-to-enter-co2-market-after-booking-100-million-tons-in-storage-capacity#:~:text=In%20doing%20that%2C%20it%20could,the%20offshore%20gas%20Barossa%20project.

I know this article is 4 years old but read what the CEO of Santos has to say about the value of 100m tonnes of storage!! Worth billions of dollars 💰 I forgot what we have, is it minimum 150m tonnes? 🤫 What we need now is official certification and the next steps in the project being published then we are off to the races. How on earth is this company still valued at 10m?? The CCS alone should be worth 100m now on proof of successful mineralisation awaiting the next stage of development. Absolutely nothing in this company is being given any value at the moment.

Project 3 is massive and the CCS is massive 🤑 FACT 👍

Https://www.linkedin.com/posts/max-richards-6a09b3157_ccs-mineralisation-activity-7407077131962224640-_6cv?utm_source=social_share_send&utm_medium=android_app&rcm=ACoAAAT1Pr0B1Mj9pTP8A5JY1b1dBUfw5mw12l4&utm_campaign=copy_link

And from the main man Max himself 👍

Https://www.linkedin.com/posts/block-energy_block-energy-activity-7407000278748676097-Qg-Y?utm_source=social_share_send&utm_medium=android_app&rcm=ACoAAAT1Pr0B1Mj9pTP8A5JY1b1dBUfw5mw12l4&utm_campaign=copy_link

It is legit Chesh 🤫 but don't spread the word before 5th April please 😉

BP-led owners begin drilling at large UK CCS project | Upstream https://share.google/GcUxOuOrZDwb2MYcS

Hey BP there is a massive CCS project in Georgia if you are interested 🤫 I believe you are already big investors in Georgia and Azerbaijan 😉

From 27th March 2025 RNS....

"In 2024, Block and GOGL determined that unitising multiple PSCs into an enlarged single PSC, including XIC, XIK, XIM, XIN, XIQ, and Didi Lilo (the "Combination Project"), would enhance commercial viability and strengthen potential farm-in partner discussions. To support this, Block relinquished Didi Lilo to facilitate the unitisation of these licences under a single PSC.

As part of this process, Block secured two back-in options:

· Option 1: The right to acquire 10% of XIQ within 180 days of the Combination Project's completion (now exercised). The consideration is USD 1; however, Block is responsible for contributing its share of the 2025 work programme which is USD 77,000.

· Option 2: The right to acquire an additional 12% (for a total of 22%) within 365 days, or 90 days post farm-out, whichever is sooner. The consideration for Option 2 will be aligned with third-party farm-in terms, or, if no farm-out occurs, based on historical transactions involving GOGC.

Block has now exercised Option 1 and holds a 10% participating interest in the XIQ PSC.

So it looks like the 27th March deadline is the 'soonest'. 365 days from the announcement. 90 days post farmout agreement would take us into April. Project 3 RNS must be due any day. If our oil and gas resources are not a strategic asset for national energy security then I don't know what is.

Https://www.linkedin.com/posts/businessforum-georgiaazerbaijanturkey-regionalcooperation-ugcPost-7433092023794081792-gAMq?utm_source=social_share_send&utm_medium=android_app&rcm=ACoAAAT1Pr0B1Mj9pTP8A5JY1b1dBUfw5mw12l4&utm_campaign=copy_link

I wonder if our successful CCS pilot was discussed at the event 🤔 the delayed £35k buy might think so 🤫

Don't forget greybadger that Edale increased their holding significantly from the last placing so they look to be investors in the company and not flippers. I admit some shares will have been flipped but nothing like what you suggest 😉IMO.

Anyway a Monday morning RNS on project 3 signed and sealed would light the fuse. Have a great weekend all genuine holders 👍

Https://www.linkedin.com/posts/opengosim-ltd_ccs-carboncapture-reservoirsimulation-activity-7431631468277166080-oENI?utm_source=social_share_send&utm_medium=android_app&rcm=ACoAAAT1Pr0B1Mj9pTP8A5JY1b1dBUfw5mw12l4&utm_campaign=copy_link

Another piece of coverage from yesterday, that linkedin account has 4k+ followers. Every little helps 🤑

I should be head of marketing for Block 😁

Https://jpt.spe.org/pilot-study-oks-patardzeuli-field-in-georgia-for-carbon-storage

Good to be featured in different articles. Slowly slowly the word will be getting around 🤫 HUGE project currently valued at 0 🤣 NIL, NADA... Sooner or later this year the market will wake up 🤓 Hey market we have a potential multi billion dollar project in the making here 😉

Https://www.linkedin.com/redir/redirect/?url=https%3A%2F%2Fwww%2Einternational-climate-initiative%2Ecom%2Fen%2Fiki-media%2Fnews%2Fworking-together-for-a-cleaner-industry-in-georgia%2F&urlhash=4ATS&mt=ntJgVUOfz2JBKUY721z4Y_fiMm6mFbN-9tS0InOBO7KUWuVoJ9FNtvBvMxaAN1KOYBgX-X5hW_VPVSnOyQUhfNAFQNj0_piHhsB-mWk7FIOrQrLhdeqyJe3_&isSdui=true

Serious partner for the CCS collaboration 👍

I know project 2 is getting overlooked and probably rightly so at the moment but it's also a massive project in it's own right. The proven slim hole drilling technique seems to include project 2 as well as project 1. A farm out of project 2 with say Block maintaining 50% (100m barrels) and a free development carry will also catapult the share price. There is so much to play for here. The ground work more or less has been done, time for it to be put in to action.

Project II:

The Company continues to advance a detailed field redevelopment plan for Project II, focused on unlocking substantial contingent resources through the application of its proven slim hole drilling and completion techniques, infrastructure optimisation, and phased production reactivation.

The redevelopment effort and supporting plan, will form the basis of a high-impact farm-out opportunity for industry partners seeking immediate access to significant resources and near-term production with infrastructure. Given the onshore nature of the project and proximity to infrastructure (including the intercontinental Baku-Tbilisi-Ceyhan oil export pipeline) the redevelopment has significant economic value.

Patardzueli-Samgori Middle Eocene (Project II) contains 2C contingent resources of 235.0 MMbbl (Block Energy, 2022).

Project 1 = keeps the lights on

Project 2 = very big prize

Project 3 = absolutely massive

Project 4 = very big prize

CCS = HUGE

All combined = more than £10m market cap for sure 😃 👍

BP appoints company veteran to lead business in Azerbaijan, Georgia and Turkey | Upstream https://share.google/cKRdypuLOsIccAgx5

I've been trying to do some digging on this guy to see if there are any links to CCS maybe 🤔

PM meets BP Regional President - 1TV https://share.google/sndCaaYqAwffcNV5H

From last September. Our non binding offer was in December. Could it be linked? Would be amazing if true but also any other large energy company would also be transformational... Any day now we will know ⏳

Accelerating deployment of carbon capture and storage | Barclays https://share.google/lltBGtmp8JOutK8cf

"Multi billion dollar investment opportunity"

If it's good enough for Barclays it's good enough for Bank of Georgia 👍

There's a multi billion dollar investment opportunity near Tbilisi and it's owned by a company called Block Energy 💲 One of the largest and lowest cost CCS projects in Europe 😎

Farmout Agreement Signed with Aspect Energy Group for North Samgori XIQ License Area – January 2026 – Georgia Oil and Gas Limited https://share.google/SwwvKDkFLkUhrN2xy

GOGL have finally updated their website 👍 another major news flow catalyst that seems to have been forgotten... Let the experts get on with the seismic and drilling and let us reap the rewards for our share (small but still significant). I've got a feeling in my water that project 3 farmout is close 🙏