(Alliance News) - The following is a round-up of trading updates for London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
(Alliance News) - Block Energy PLC on Tuesday said that a study has identified a carbon capture and storage opportunity within Block XIB. Read More
Block Energy PLC - exploration and production company focused on Georgia, applying new technology to previously discovered oil fields - Says it is "well funded" to deliver its "high-impact" strategy in 2024. Strategy includes farm-out of project III. This is the appraisal and development of gas resources in the Lower Eocene and Upper Cretaceous formations across the company's onshore blocks in Georgia. Says the project has a good chance of success and will increase its net asset value. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Block Energy PLC - exploration and production company focused on Georgia - In the third quarter to September 30, average output declines to 630 barrels of oil equivalent per day from 664 boepd in the second quarter. Notes third successful project 1 well, with WR-34Z placed on production at 150 boepd. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
Block Energy PLC - exploration and production company focused on Georgia - Says well test of WR-34Z in West Rustavi, Georgia, shows it has now been in continuous production for over 19 days on a range of choke settings from 7.1 millimetres to 12.7 millimetres, producing at an average rate of 223 barrels of oil equivalent per day, or 153 barrels of oil per day and 11,900 cubic metres of gas per day. Says the well has now been handed over to the production team on a 10.3 millimetre choke size, with production at a five-day average rate of 150 barrels of oil equivalent per day, and with all produced hydrocarbons being monetised. Says total group production as of the September 25 was 684 barrels of oil equivalent per day. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Block Energy PLC - London-based oil and gas exploration and production company which operates the West Rustavi, Norio and Satshenisi oil fields in Georgia - Announces spud of development well WR-34Z in West Rustavi. Says well forms part of the development of 3.01 million barrels of oil gross 3P reserves, with a net present value of USD57.0 million. Read More
(Alliance News) - Block Energy PLC said on Wednesday that its oil production increased quarter-on-quarter, and announced that Guram Maisuradze had been appointed chief operating officer. Read More
(Alliance News) - Block Energy PLC on Thursday said growth in production and improved oil pricing led its annual double-digit revenue growth. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Block Energy PLC - London-based oil and gas exploration and production company focused on Georgia - Signs a deal with the Ministry of Economy & Sustainable Development of Georgia for an undisclosed sum. Says the deal will cover government support and initiatives for the developments of projects I, II, III and IV through "data sharing, cooperation and the facilitation of meetings with national and regional large oil companies". Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
(Alliance News) - Stock prices in London were higher at midday on Thursday, as investors cautiously look ahead to a key US labour market reading out this afternoon. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
(Alliance News) - Block Energy PLC on Thursday said it terminated its salary sacrifice scheme on Friday last week, as its financial position has improved. Read More
(Alliance News) - Block Energy PLC said on Monday that Project I continues to perform better than predicted. Read More
Block Energy PLC - Georgia-focused oil and gas exploration and production company - Completes farm-out agreement of part of licence XIB with Georgia Oil & Gas Ltd. Block Energy now holds a 50% interest in the new Didi Lilo and South Samgori areas of XIB. Adds that Georgia Oil & Gas have completed the seismic activities agreed under the farm-out agreement. Read More