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If us shareholders and zaza were to be locked out and that's why most people think that's what has prompted zaza to sue frontera for 1million. I'd of thought it would be in the 10's of millions.
Especially when he knows if there are deals on table waiting in the wings, value of assets, future revenue if they survive.
It could be for old worker's wages for some good pr for himself or it could be for hid lost wages which he may of deferred over the years.
Why would some be emailed about a restructure if we're about to be stitched up totally.
Zaza exchanged his debt into shares so frr could survive a few years ago and you really think he only wants 1 million. No fcking chance, just games in my eyes, until I see from own eyes its dead we're still in the game. GLA
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Zaza Sichinava
Zaza Sichinava
Zaza Sichinava
Drilling&completion supervisor at Frontera Resources Corporation
Frontera Resources CorporationGeorgian Technical University (GTU)
Georgia111 connections
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Experience
Frontera Resources Corporation
Drilling&completion supervisor
Frontera Resources Corporation
Sep 2006 - Present14 years 5 months
Republic of Georgia
Tethys petroleun
Drilling&completion Supervisor
Tethys petroleun
Sep 2011 - Jan 20125 months
Tajikistan - kazakhstan
Frontera
Dr/Comp.Supervisor
Frontera
1984 - 201228 years
GBOC
Drilling supervisor
GBOC
Feb 1997 - Sep 200710 years 8 months
Education
Georgian Technical University (GTU)
Georgian Technical University (GTU)
Bachelor’s DegreeOil and Gas Well Drilling Technology
1979 - 1984
# 24 secondary school
# 24 secondary school
Georgian technical university
Languages
English
Native or bilingual proficiency
Russian
Native or bilingual proficiency
Groups
Oil & Energy, Construction - HR & RecruitmentOil & Energy, Construction - HR & Recruitment
Oil & Energy, Construction - HR & Recruitment
Africa Oil & Gas Industry - Import | Export | TradingAfrica Oil & Gas Industry - Import | Export | Trading
Africa Oil & Gas Industry - Import | Export | Trading
Energy PeopleEnergy People
Energy People
Drilling PeopleDrilling People
Drilling People
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Dat
Hi guy's and girls, did anyone start a chat thread on telegram? If not it could be worth looking into and have to boards going at the same time. On telegram chat app there are loads of company shareholder groups. Let me know if anyone's interested GLA
When are results due guys?!
Fcking clowns mate!
I looked I think it's wind-up mate. Fcking hilarious
Now that travel is becoming even more difficult with all these mutations surely common comes into play and have these meetings by zoom. You could have one everyday for a week. Then you'd get to know and iron out any problem disagreements. Just make sense, then it allows us and partners to sort out the right paper work source the right drill for the major work.
Otherwise this will drag on for months before face to face meeting then we'll wait months for the licence to be awarded
Mole before you take offence I agree with spudsoil you're fantastic poster and great knowledge.
Without you and Madpunter we'd never get nowhere near what's happening
Mole all the years you've been on this board you always brought up the 51 v 49 split .Lets be honest why now is it easier to use the 50 v 50 is to fill your narrative??
Madpunter what value would you put on our shares in a restructuring. What value per share thanks?
Jesus, keep your hair on.....
Anyone think we'll hear or get an update anytime soon regarding this shell company??
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West Rustavi Update
Mon, 11th Jan 2021 07:00
RNS Number : 1586L
Block Energy PLC
11 January 2021
11 January 2021
Block Energy plc
("Block" or the "Company")
West Rustavi Update
Block Energy plc, the development and production company focused on Georgia, is pleased to provide an update regarding gas sales at its West Rustavi field. The Company has completed all of the steps under its control, such as the construction and commissioning of the Early Production Facility and gas gathering line. Bago LLC has completed the construction and final pressure testing of its 8km gas sales pipeline. The remaining key steps leading up to inaugural gas sales are all under the control of Bago LLC and include finalising the construction of the compressor station, which is well underway, and hooking it up to the state's main gas line. Delivery of first gas is now forecast to occur by late January or early February.
Block plans to restart oil and gas production at its West Rustavi licence area and will be mobilising teams to the WR-16aZ and WR-38Z wells in the coming days to open those two wells.
Also, Block's Drilling and G&G departments are finalising preparations for the 2021 drilling and workover programme, details of which will be communicated to shareholders in the coming weeks.
Block Energy Chief Executive Officer, Paul Haywood, said:
"I am pleased to provide an update on our gas sales in Georgia, where after safely installing and commissioning the Early Production Facility and constructing a gas gathering pipeline, we are on the cusp of our inaugural gas sales. The commencement of gas sales will be a significant event for Block and is testament to the capability of our team, who have continued to prioritise this project, despite