Business
New Corporate Presentation
New Corporate Presentation.
About this update from Block Energy Plc
[{"type":"text","content":"\n \n \n 9 February 2023\n \n \n \n \n \n \n \n \n Block Energy plc\n \n \n \n (\"Block\" or the \"Company\")\n \n \n \n New Corporate Presentation\n \n \n \n Block Energy Plc, the exploration and production company focused on Georgia, is pleased to announce a\n new Corporate Presentation has been published on the Company's website.\n The new presentation reflects Block's strategy and continued drive to release the potential of its assets and\n Georgia's energy potential.\n No material new financial or other information has been provided.\n \n \n Investors can see the new presentation via the following link:\n \n \n \n \n \n \n \n https://www.blockenergy.co.uk/wp-content/uploads/2023/02/Corporate-Presentation-Feb-2023.pdf\n \n \n \n \n \n \n \n \n \n \n **ENDS**\n \n \n \n \n \n \n \n For further information please visit \n \n \n \n http://www.blockenergy.co.uk/\n \n \n \n or contact:\n \n \n \n \n \n \n \n \n Paul Haywood\n \n \n \n (Chief Executive Officer)\n \n \n \n \n Block Energy plc\n \n \n \n \n Tel: +44 (0)20 3468 9891\n \n \n \n \n \n \n \n Neil Baldwin\n \n \n \n (Nominated Adviser)\n \n \n \n \n Spark Advisory Partners Limited\n \n \n \n \n Tel: +44 (0)20 3368 3554\n \n \n \n \n \n \n \n Peter Krens\n \n \n \n (Corporate Broker)\n \n \n \n \n Tennyson Securities\n \n \n \n \n Tel: +44 (0)20 7186 9030\n \n \n \n \n \n \n \n P\n \n \n hilip Dennis\n \n \n / M\n \n \n ark Antelme / Ali AlQahtani\n \n \n \n (Financial PR)\n \n \n \n \n C\n elicourt Communications\n \n \n \n \n Tel: +44 (0)20 8\n 434\n 2\n 643\n \n \n \n \n \n \n \n \n Notes to editors\n \n \n \n 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.\n \n \n Block has a 100% working interest in Georgian onshore licence blocks IX and XIB. Licence block XIB is Georgia's most productive block. During the mid-1980s, production peaked at 67,000 bopd and cumulative production reached 100 MMbbls and 80 MMbbls of oil from the Patardzeuli and Samgori fields, respectively. The remaining 2P reserves across block XIB are 64 MMboe, comprising 2P oil reserves of 36 MMbbls and 2P gas reserves of 28 ...