Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBlock Energy P. Regulatory News (BLOE)

Share Price Information for Block Energy P. (BLOE)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 0.975
Bid: 0.90
Ask: 1.05
Change: 0.10 (11.43%)
Spread: 0.15 (16.667%)
Open: 0.85
High: 0.975
Low: 0.85
Prev. Close: 0.875
BLOE Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Posting of Annual Rpt, Notice of AGM- replacement

7 Jun 2021 08:03

RNS Number : 0077B
Block Energy PLC
07 June 2021
 

7 June 2021

Block Energy plc

(the "Company")

Posting of Annual Report & Accounts and Notice of AGM

This announcement replaces RNS No 9514A which was released at 07.00 a.m. on Monday 7 June 2021. The date on which the Company's AGM is to be held has been amended from 30 June 2020 to 30 June 2021. All other details remain unchanged. The full amended text is shown below:

Block Energy plc, the development and production company focused on Georgia, announces that, further to the publication on 2 June 2021 of its final audited results for the year ended 31 December 2020, the Company's Annual Report and Accounts and Notice of Annual General Meeting ("AGM") were posted to shareholders on 4 June 2021.

These documents were also made available on the Company's website at www.blockenergy.co.uk in the Investors section.

Details of the AGM

The Company's AGM will be held at 10:00 a.m. on 30 June 2021 at the offices of the Company, Lansdowne House, 57 Berkeley Square, London W1J 6ER. Given the present issues surrounding COVID-19 and the current guidance from the UK Government that indoor public gatherings, which include attending an AGM, are not permitted, we will hold the AGM with the minimum attendance required to form a quorum. Shareholders are asked not to attend the AGM in person but can be represented by the Chair of the meeting acting as their proxy.

Shareholders are encouraged to vote via completion of a Form of Proxy. Full details of how to complete the Form of Proxy are contained in the Notice of AGM. You are advised to appoint the chairman of the meeting as your proxy to ensure your vote is counted. The chairman of the meeting will direct that all resolutions will take place by way of a poll, rather than on a show of hands, to ensure an accurate reflection of the views of shareholders and ensure that proxy votes are recognised. The results of the poll votes on the proposed resolutions will be published on the Company's website immediately after the conclusion of the AGM.

The Board will continue to monitor COVID-19 developments as well as any further UK Government advice and will announce further details if any amendment to the arrangements advised above can be made.

**ENDS**

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION AS STIPULATED UNDER THE UK VERSION OF THE MARKET ABUSE REGULATION NO 596/2014 WHICH IS PART OF ENGLISH LAW BY VIRTUE OF THE EUROPEAN (WITHDRAWAL) ACT 2018, AS AMENDED. ON PUBLICATION OF THIS ANNOUNCEMENT VIA A REGULATORY INFORMATION SERVICE, THIS INFORMATION IS CONSIDERED TO BE IN THE PUBLIC DOMAIN.

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

Billy Clegg / Owen Roberts / Violet Wilson

(Financial PR)

Camarco

Tel: +44 (0)20 3757 4980

 

Notes to editors

Block Energy plc is an AIM-listed independent oil and gas company focused on production and development in Georgia, applying innovative technology to realise the full potential of previously discovered fields.

Block has a 100% working interest in Georgian onshore licence blocks IX and XIB. Licence block XIB is Georgia's most productive block, with 2P oil and gas reserves of 64 MMboe, which is comprised 2P oil reserves of 36 MMbbls and 2P gas reserves of 28 MMboe (Source: CPR Bayphase Limited: 1 July 2015) and historic production of over 180 MMbbls of oil from the Middle Eocene, peaking in the mid-1980s at 67,000 bopd.

The Company has a 100% working interest in the highly prospective West Rustavi onshore oil and gas field with multiple wells that have tested oil and gas from a range of geological horizons. The field has so far produced 50 Mbbls of light sweet crude and has 0.9 MMbbls of gross 2P oil reserves in the Middle Eocene. It also has 38 MMbbls of gross unrisked 2C contingent resources of oil and 608 Bcf of gross unrisked 2C contingent resources of gas in the Middle, Upper and Lower Eocene formations (Source: CPR Gustavson Associates: 1 January 2018).

Block also holds 100% and 90% working interests respectively in the onshore oil producing Norio and Satskhenisi fields.

The Company offers a clear entry point for investors to gain exposure to Georgia's growing economy and the strong regional demand for oil and gas.

Glossary

1. bbls: barrels. A barrel is 35 imperial gallons.

2. boe: barrels of oil equivalent.

3. bopd: barrels of oil per day.

4. Mbbls: thousand barrels.

5. MMboe: million barrels of oil equivalent.

6. MMbbls: million barrels.

7. Bcf: billion cubic feet.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. 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
 
 
ACSGLGDLCSGDGBR
Date   Source Headline
5th Mar 20247:00 amRNSInvestor Presentation via Investor Meet Company
4th Mar 20247:00 amRNSProject III Resource Upgrade
8th Feb 20247:00 amRNSIndependent Engineering Report
16th Jan 20247:00 amRNSCommercial Carbon Capture and Storage Opportunity
22nd Dec 20237:00 amRNSCorporate Update
15th Dec 20237:00 amRNSProject III Presentation
13th Dec 20237:00 amRNSNew Website
11th Dec 20237:00 amRNSOperations Update
12th Oct 20237:00 amRNS3rd Quarter Update
29th Sep 20237:00 amRNSHalf-year Report
26th Sep 20237:00 amRNSWR-34Z Well Test Results
31st Aug 20237:00 amRNSCompletion of Drilling Operations on well WR-34Z
8th Aug 202310:00 amRNSHolding(s) in Company
8th Aug 202310:00 amRNSHolding(s) in Company
3rd Aug 20237:00 amRNSIssue of Equity
26th Jul 20237:00 amRNSOperations Update
5th Jul 20237:00 amRNSQ2 Operational Update; Change of Registered Office
20th Jun 202310:27 amRNSResults of Annual General Meeting
30th May 20237:00 amRNSNotice of AGM
12th May 20237:00 amRNSAmended Loan Facility & Related Party Transactions
11th May 20237:00 amRNSFinal Results
26th Apr 20234:05 pmRNSPDMR Dealing
17th Apr 20237:00 amRNSQ1 Operational Update
11th Apr 20237:10 amRNSMoU Signed
6th Apr 20237:00 amRNSCorporate Update
3rd Apr 20237:00 amRNSProject I Update
9th Mar 20237:00 amRNSCompletion of Farm-Out Agreement
7th Mar 20237:00 amRNSIssue of Options and Shares and PDMR Dealing
28th Feb 20237:00 amRNSWR-B01Za Test Results
9th Feb 20237:00 amRNSNew Corporate Presentation
8th Feb 20239:36 amRNSIssue of Options and Shares and PDMR Dealing
2nd Feb 20237:00 amRNSSecured Loan Facility & Related Party Transactions
16th Jan 20237:00 amRNSQ4 Operational Update
10th Jan 20237:00 amRNSBoard Change
4th Jan 20232:01 pmRNSDirector/PDMR Shareholding
21st Dec 20227:00 amRNSWell Test Programme Results
13th Dec 202212:48 pmRNSIssue of Shares
13th Dec 20227:00 amRNSDrilling Update
12th Dec 20227:00 amRNSFarmout Agreement
2nd Dec 20229:26 amRNSIssue of Options and Shares and PDMR Dealing
30th Nov 20227:00 amRNSSLB Options
2nd Nov 20227:00 amRNSDirector/PDMR Shareholding
2nd Nov 20227:00 amRNSOperations Update
14th Oct 20227:00 amRNSExercise of Options and Issue of Shares
13th Oct 20227:00 amRNS3rd Quarter Update
11th Oct 20227:30 amRNSHolding(s) in Company
10th Oct 20227:00 amRNSChange of Auditor
4th Oct 202212:32 pmRNSIssue of Options and Shares and PDMR Dealing
30th Sep 20227:00 amRNSHalf-year Report
27th Sep 20227:00 amRNSDrilling Update

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.