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Just goes to show we’re alive and kicking, obviously turning some $ too :)
Not sure if posted?
Oil and gas exploration in Georgia is conducted by 11 investors under 23 production sharing agreements (PSAs). There are 338 active wells, and nearly 30 000 tonnes of oil and 10.2 mcm of gas were produced in 2020.
PSAs are executed in most of the country's oil and gas prospective land areas and the Black Sea shelf. Oil and gas operations in Georgia are carried out by the following contractor companies: oil company OMV Petrom S.A (Black Sea II licence block); Ninotsminda Oil Company Ltd (licence blocks XIE); Nazvrevi Oil Company Ltd (licence block XID); Martkopi Oil Company Ltd (licence block XIC); Frontera Eastern Georgia Ltd (licence block XII); West Gulf Petroleum Engineering Company Ltd (licence block V); Georgia Coalition Energy Ltd (licence blocks VIA, VIB); Georgia Oil and Gaz Ltd (licence blocks VIII, XIG, XIM, XIN, XIC Martkopi, XIC North Satskhenisi, XIV, IXA, XIK, XIL, XIA; XIH); Nautic AWT Energy Pte Limited (licence block VIIB); JSC Georgian Oil and Gas Corporation (licence block XIB South dome of Samgori); Block Energy (licence block XIF, XIC Norio-Satskhenisi, XIC satskhenisi, IX, XIB).
An open international tender has been announced for the licence block III. The tender ends on 1 March 2022.
Six investment companies are currently carrying out extraction work in Georgia: Ninotsminda Oil Company, Block Rustaveli Company Limited, Frontera Resources Georgia, Nautic AWT Energy Pte Limited, Block Energy, and Georgian Oil and Gas Corporation. Other companies are conducting exploration work only.
Cheers Anguscott! Great to have genuine holders back posting. Happy New Year.
Havegun!! Absolutely the man is No Scam like they make out!! I also believe once our deal is finalised, he will be chasing the Naysers and trolls for libel slander! Be careful what you write in posts, as companies are and have been taking individual/s to the courts :)
Have you also noticed that the Naysayers are not invested or talk on other shares there invested in! I wonder why? Hmm organised group I’m thinking.