I don't get why so much time is spent talking about people I filtered monthes ago . I like to look in and see if there are any interesting views both positive and negitive. People get addicted to the internet and it becomes their life. They spend their day desperate for attention. Their comments and this BB responses fuel yet more mindless continuation of pointless oneupmanship. Please guys just use the filter .
11 would suit me fine . Would be ahead a little by then. I hope that we see a steady weekly increase from now on . Good RNS will always boost. Still way down on paper but at last I can feel a little comfort in the fact that the worse should be over and the best parts still to come . Did buy a lot at 8 and a few grand around the lowest point . This will still take time though . Good luck to all that held and all new investors !
Block Energy takes significant step in West Rustavi well sidetrack 2019-10-21 07:19:00 "The successful cementing of WR-38Z's seven inch casing is a significant step in the sidetracking of the well,” said Paul Haywood, Block Energy chief executive. Block Energy PLC - Block Energy takes significant step in West Rustavi well sidetrack The well programmes are designed to realise West Rustavi's full potential
Block Energy PLC (LON:BLOE) has updated on its operations for the WR-38Z well at the West Rustavi field where it has completed a critical phase of the sidetrack programme.
The company, in a statement, told investors that it has now successfully installed and cemented new casing through the build section of the well.
It noted that the casing prevents fluid incursion from the Upper Eocene layers above the targeted Middle Eocene zone.
"The successful cementing of WR-38Z's seven inch casing is a significant step in the sidetracking of the well,” said Paul Haywood, Block Energy chief executive.
READ: Block continues to advance well programmes at West Rustavi “Our drilling of well WR-16aZ provided a wealth of data about the field's subsurface that has allowed us to optimise the completion design of WR-38Z, knowledge we will be able to apply to all the West Rustavi wells we subsequently drill.”
Block highlighted that WR-38Z is its second fully-funded well in a multi-well programme which is designed to realise the field’s full potential.
Three further sidetracks are also planned at West Rustavi along with programmes to test a known gas discovery and also a separate new gas well.
Technical hires Block also announced a number of new appointments to the team adding Steve Smith and Jim Lee, a pair of highly experienced geologists, plus Georgian industry veteran Mamuka Kharabadze and well operations specialist Kevin VanBuskirk
"We are delighted to welcome Jim, Steve, Mamuka and Kevin to the Block team,” Haywood added.
“They bring skill, versatility and deep industry experience that further strengthens our operations capability. Block Energy comprises a range of international talents dedicated to ensuring the success of our multi-well programme."
I think it is the fact that this share is undervalued. Good buy in price . The likelihood is that the next few RNS will be positive . Also if people see a share riding they like to take a punt. There are many investers waiting in the wings for signs to reinvest .
I had a 10k profit and now a loss but as it's paper +/- it does not bother me until I sell. Aim is a market that people buy or sell on sentiment and news. It took very little to get to 17. Gas deals and real oil out of the ground will have the same effect as the bad news but in reverse . My average is 10.4 and though that leaves me well down I believe that it would not take much to sent it back up But just my view but backed up by reasearch.
Being locked in is not nice and I can fully understand the unhappy views . What is not nice is the rubbing of hands with glee by people not invested . It shows a total lack of respect . This share will come good as only a small amount of the funded program has happened . Yes bloe pulled the wool over our eyes but the program is moving ahead