Member Info for Chesh

But dontcha fink that a deep pocketed producer may just be seeing the Subsurface Modelling and jump the Gun on the rest, based on it.....? :()

All the best (knowledge is power........! :)

The issue of a raise between now and then is, in my opinion, just a very small blip on the radar and will have very little impact on the sp - and, as is obvious, the higher the sp and MC in the meantime the smaller the impact that dilution will have.

The modelling may have sparked JV intertest CP (not Perks.... :) doncha fink........! :)

yep, it's modelling, but based on data to hand and best interpretation.........!

pre real EWT, some might just take this onboard, results of modelling dependant obvs......! :()

All the best (4.7% He known, with >10% He poss..........! :()

H an all....

.......and ya 9:13 post from yesterday bigboffer ........!

"more stories of handshakes etc. Laughbale nonsense."

"Giorgi Tatishvili, head of the Georgian Oil & Gas Agency, with Block Energy CEO Paul Haywood" is on pg 13 of......

https://www.blockenergy.co.uk/wp-content/uploads/2024/03/corporate_presentation_2024.pdf

All the best (they do look happy don't they.......? :()

now is the time...

Hey bigboffer.......!

"The disciplined implementation of Project I during 2023, and Block's focus on improving its

overall margin through reducing its operational cost structure ensures the Company will be well funded to execute this high-impact strategy through 2024, based on current production, OIL prices and expected natural decline rates. Block will, however, consider drilling additional Project I wells next year as the Company progresses its farm-out strategy"

https://polaris.brighterir.com/public/block_energy/news/rns/story/wke8lyw/export

I've highlighted the word "oil" in Caps for your, and others, reading.......! :)

All the best (it is quite important to co.........! :()

now is the time....

.....and its internal resource of Itumbula may be near completion.....! :)

and it's V.positive.......! :()

All the best (which we're V.sure it is........! :)

Looks like >$85 is here for a while Peeps......!

"WTI crude futures held near $87 per barrel on Friday and were set to advance for the second straight week, as escalating geopolitical tensions in oil producing regions, OPEC+ efforts to curb supply and a strong energy demand outlook sparked a rally in oil prices. Earlier this week, Iran vowed revenge against Israel for an attack on Iran’s embassy compound in Syria that killed high-ranking Iranian personnel. In Eastern Europe, a NATO official said on Thursday that Ukrainian drone attacks on Russian refineries have disrupted more than 15% of Russian capacity, hurting the country’s fuel output. Elsewhere, OPEC+ agreed this week to maintain their current oil supply policy and pressed some members to boost compliance with output cuts. On the demand side, strong US economic data bolstered the outlook for the world’s top oil consumer, while investors await a key US monthly jobs report."

https://tradingeconomics.com/commodity/crude-oil

All the best (Good for our coffers this ya know.......! :()

now is the time...

Morning Peeps..........!

Somepeeps are in the know FOSHO, but of what........? :()

60m Vol in under an hour........! on a Fri........! 12.50% up and bluer than blue.......! :()

All the best (which is nice........! :)

Morning Peeps.......!

looks like investors are cottoning on to the imminent future here, ie NPV of USD 1.65 billion and 2.77 TCF......! :)

https://www.blockenergy.co.uk/wp-content/uploads/2024/03/block_energy_factsheet_mar_2024.pdf

All the best (farm out/JV or even a complete buy out........! :()

now is the time...

Delayed trades...........!

02-Apr-24 16:05:09 0.901 1,948,098 Unknown* 0.90 1.00 17.55k O

02-Apr-24 16:05:02 0.90 1,950,484 Unknown* 0.90 1.00 17.55k O

02-Apr-24 15:53:36 0.9232 941,888 Unknown* 0.90 1.00 8,696 O

02-Apr-24 15:50:21 0.9268 900,000 Unknown* 0.90 1.00 8,341 O

a couple of Bed 'n ISA's.......! :)

All the best (smart move IMO, tax wrap ......! :()

now is the time....

Https://tradingeconomics.com/commodity/crude-oil

"Mexico's state-controlled oil company, Pemex, intends to reduce crude exports in the upcoming months, further raising concerns about existing supply shortages. OPEC is set to evaluate market conditions and members' adherence to production targets at this week's joint ministerial meeting, with expectations that current output policies will remain unchanged. Stronger-than-anticipated manufacturing Purchasing Managers' Index (PMI) readings for the US and China have boosted prospects for a recovery in demand."

the rest is about war and destruction, so read for ya self if ya want to....

All the best (WTI crude futures rose above $85 a barrel on Tuesday.......! :()

now is the time....

Evening Peeps.......!

would you just look at who's trackin' the price of oil along wiv moi........! :)

https://twitter.com/BlockEnergyplc/status/1775084472536375377

All the best (wonder why that is........? :()

now is the time...

Morning Peeps.....!

https://www.reuters.com/markets/commodities/oil-gains-upbeat-manufacturing-data-escalating-middle-east-tensions-2024-04-02/

"Brent futures for June delivery rose 37 cents to $87.79 a barrel by 0046 GMT. The May contract for U.S. West Texas Intermediate (WTI) crude futures rose 32 cents to $84.03 a barrel. "

All the best (well in the mid $80's now........! :()

now is the time...

Evening Peeps..........! :) happy Easter....

https://www.blockenergy.co.uk/wp-content/uploads/2024/03/block_energy_factsheet_mar_2024.pdf

"With interests in seven Production Sharing Contracts in central Georgia, covering an area of 4,256 km, including the XIB licence which has over 2.77TCF of 2C contingent gas resources"

Some say discussions are going on this w/e.......!

All the best (me..... I eat Chocolate.....! :()

now is the time...

" Asia crude imports surge as China, India snap up Russian oil "...........!

only going one way Crude.....! :()

All the best (is up..........! :)

now is the time...

Yep......!

https://www.blockenergy.co.uk/wp-content/uploads/2024/03/block_energy_factsheet_mar_2024.pdf

"2.77TCF / US$1.65bn"

All the best (just proj III dat BTW........! :()

the time is now....

"WTI crude futures rose toward $82 per barrel on Thursday, snapping a two-day decline as the latest EIA report pointed to a smaller weekly increase in US crude inventories than the build reported by the API. EIA data showed that US crude stockpiles rose by 3.165 million barrels last week, defying market expectations for a 1.275 million barrel draw but coming in much lower than the 9.337 million barrel increase reported by the API. Investors also took stock of persistent supply-side issues ahead of a meeting by the OPEC Joint Monitoring Ministerial Committee next week. Meanwhile, the latest US PCE price index report, the Federal Reserve’s preferred inflation gauge, will be closely watched on Friday for clues on the path for interest rates"

Just (not me sayin) it..........! :()

https://tradingeconomics.com/commodity/crude-oil

All the best (Sarah 'n Hepseal are quiet.......? :()

now is the time...

0.912p Vs 1.035p ATM Flightman.......!

based on 100k share quotes......! :)

not so many left to accumulate an all, before selling on to retail.....! :()

All the best (boom time ........! :()

imminent....

"RPT – POLL – Firmer oil prices expected as demand builds and supply curbs persist"

lol..........!

All the best (told ya.......! :()

now is the time...

" U.S. oil may retest resistance at $82.54 per barrel, as the strong gain suggests a continuation of the uptrend from $76.80.

Driven by a wave C, the trend could extend to the 161.8% projection level of $84.91. Another projection analysis on the uptrend from $75.84 reveals a slightly lower target of $84.23. "

All the best (on the up............! :()

now is the time...

Morning Peeps....

"The Company is currently advancing its subsurface modelling and updating its internal resource estimates in order to determine the best path towards the commercialisation of Itumbula."

All the best (next news IMO.........! :()