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Market Cap: £13.96m
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Investor Presentation

27 May 2026 07:00

RNS Number : 7819F
Block Energy PLC
27 May 2026
 

27 May 2026

Block Energy plc

("Block" or "the Company")

Investor Presentation

 

Block Energy plc, the AIM-quoted oil and gas company, is pleased to announce that its Chief Executive Officer, Paul Haywood, will host a live Investor Presentation on the Engage Investor platform on 28 May at 11 am BST.

 

Block welcomes all current shareholders and interested investors to join and encourages

investors to pre-submit questions. Investors can also submit questions at any time during the live

presentation.

 

Investors can sign up to Engage Investor at no cost and follow Block Energy plc from their

personalised investor hub.

 

Register interest in this event here: https://engageinvestor.news/BLOE26

 

 

**ENDS**

For further information please visit http://www.blockenergy.co.uk/ or contact:

Paul Haywood

(Chief Executive Officer)

Block Energy plc

Tel: +44 (0)20 3468 9891

Neil Baldwin

(Nominated Adviser)

SPARK Advisory Partners Limited

Tel: +44 (0)20 3368 3554

Peter Krens

(Corporate Broker)

 

Tennyson Securities

 

 

Tel: +44 (0)20 7186 9030

Mark Antelme

Philip Dennis

(Financial PR Adviser)

Celicourt Communications

Tel: +44 (0)20 8434 2643

 

Notes to editors

 

Block Energy plc (AIM:BLOE) is an independent oil and gas company focused on building a diversified portfolio of production, development and high-impact exploration assets across Georgia and Gabon.

 

In Georgia, the Company holds interests in seven Production Sharing Contracts covering 4,256 km2 in the central part of the country. The portfolio spans multiple hydrocarbon types and reservoir targets, ranging from existing oil production to material gas discoveries. The flagship XIB licence contains over 2.77 TCF of 2C contingent gas resources across the Patardzueli-Samgori, Rustavi and Teleti fields with an estimated Net Present Value 10 ("NPV") of USD 2.2 billion. (Source: IER, OPC 2024 & Internal estimates).

 

Strategically located near Tbilisi and well-positioned for European gas markets, these assets are being advanced through a combination of partner funding and cash flow from existing production. The Company has a Binding Framework Agreement with Zhijiang Sanning Energy Co. Ltd in relation to the farm-out Project III to support appraisal and development while reducing capital exposure. Block has also completed a farm-out of its XIQ licence to Aspect Georgia, under which Aspect may earn up to a 92.5% working interest through a fully funded, staged work programme.

 

In Gabon, the Company made a strategic entry targeting a 76.5% interest in two offshore PSCs, Ndijila and Mpari, covering 5,331km² with 75MMbbls of discovered oil (pMean). The licences offer low-cost entry with material upside across four discovered areas and significant exploration potential.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
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