Member Info for bobbbyrash

Australia’s Santos plans Bayu-Undan CCS FID in 2027 | Latest Market News https://share.google/cencUROSlfbTOTo7e

If it's good enough for Australia, it's good enough for Georgia 👍 one of the largest and lowest cost CCS projects in Europe currently valued at ZERO (no potential value, nothing) 🤣🤣 we are valued less than before we even knew about the CCS opportunity 🤣

Https://www.gasworld.com/story/georgia-ccs-pilot-confirms-rapid-mineral-storage-pathway/2173000.article/

Nice to be getting some deserved publicity 👋

Https://www.linkedin.com/posts/max-richards-6a09b3157_block-energy-completes-ccs-pilot-study-in-activity-7429202279091765248-m4Av?utm_source=social_share_send&utm_medium=android_app&rcm=ACoAAAT1Pr0B1Mj9pTP8A5JY1b1dBUfw5mw12l4&utm_campaign=copy_link

Thanks Max and OPC for your contribution so far and looking forward to big progress this year!

With our current market cap it's absolutely fair to say the gas in project 3 and the whole 150m++ tonnes proven storage capacity of our CCS (Europe leading) is valued at NOTHING at the moment. Our company owned drilling rig is valued at probably half the market cap on its own.

I think the project 3 binding agreement with a 'large energy company ' will be the catalyst for a much deserved re-rate up to around 5p for starters until more news on the development of the CCS later this year comes through.

There is no doubt that momentum here is starting to turn 👍

Cement group Vicat gets EU grant for France's largest carbon capture project | S&P Global https://share.google/MQmUektMAK0oBwN1W

Plenty of cement being manufactured in Georgia 👍

France Commits $2B To Industrial Decarbonization & CCUS https://share.google/tPrvYMifw4n3PzKre

Heavyweight investor joins Eni's carbon capture business | Upstream https://share.google/4YZrocSf1uRNSnxGq

It's about time Blackrock entered Georgia 👍

Azerbaijan strengthens investment ties with Brookfield, BlackRock, GIP | Euronews https://www.euronews.com/business/2026/01/21/azerbaijan-strengthens-investment-ties-with-brookfield-blackrock-gip

And as we know Blackrock GIP are massively involved in CCS. Watch this space 🚀

A couple of quotes below from the 16th Jan 24 RNS.. (about project 3 development planning)

I've always thought that project 3 gas and the CCS will end up being linked somehow. Now the CCS is proven then hopefully the project 3 binding agreement will be imminent 👍👇

"The study, commissioned in the course of the Company's Project III development planning, was undertaken by Oilfield Production Consultant ("OPC"), a consultancy recognised internationally for its expertise and experience in this field".

Block Energy plc's Chief Executive Officer, Paul Haywood, said:

"The study highlights that Block XIB's storage potential could be amongst the largest in Europe, indicating the prospect of a major net-zero industrial hub within central Georgia - of interest to the hydrogen, fertiliser, steel and refined petroleum products industries - close to the XIB license."

Eyes 👀 on the prize and what a prize it is... Proving the project step by step 🪜

Project! Don't eat breakfast whilst typing 🤓

Why is it not showing? Fantastic news anyway 👍 massive CCS protein the making 💲

May the shorters burn 🔥🔥

Hello 👋 anybody there 🤫😁

What's going on? Project 3 signed??

Https://rustavi2.ge/en/news/339850

👍

ADNOC’s West Aquifer CCS project secures DNV endorsement in boost for UAE decarbonisation drive - Utilities Middle East https://share.google/tb2903b9jedmtDUFp

Is this the sort of official certificate that Block is working towards? Will it be DNV who issue it? One thing is for sure it's going to be massive when it arrives 👍 just like it's massive news for ADNOC.

GOGL have updated their website to include the 2026 work programme. No mention of the farmout with Aspect as far as I can see but at least there are some signs of life. I think Block have up to some time in March to increase their share to 22% (I read it on one of the RNS's but forget the exact date). It was either within 12 months of the licence announcement or 90 days of the farmout being announced whichever was sooner so I take it as the 12 months which is in March.

Anyway project 4 will gather pace as I'm sure Aspect won't want to mess around now it's all signed 💰 it must be Aspect doing the seismic mentioned below 👇 they are a world class company at 3D seismic 👌

Project 3 will be next news IMO but the question is when?? 🧐

2026 Work Plan "2026 Work Plan has objective to further derisk identified prospects. Proposed work program consists both of drilling and seismic operations:

Deepening of well Martkopi-10 and reaching crest of Middle Eocene Martkopi Terrace prospect.

110 km2 3D seismic in North Samgori Prospective area

400 km2 3D seismic in South Samgori Prospective area"

India allocates $2.2bn to CCUS for next five years | Latest Market News https://share.google/2lvkTVo342yw0lc91

If it's good enough for India it's good enough for Block 👍 there is one thing for certain at the moment, our project 3 and CCS is valued at absolutely nothing, zilch, NADA . NOTHING. Potential billion dollar projects each both valued at nothing....🤐🤯

Https://carbonherald.com/rewind-launches-worlds-first-deep-mine-carbon-storage-project-in-georgia/

Just to show it's Georgia the country and not the state. 👍