Business
Posting of Report and Accounts and Notice of AGM
Posting of Report and Accounts and Notice of AGM.
About this update from Block Energy Plc
[{"type":"text","content":"\n \nRNS Number : 3861I Block Energy PLC 26 November 2018 \n\n \nBlock Energy Plc / Index: AIM / Epic: BLOE.L / Sector: Oil and Gas\n26 November 2018\nBlock Energy Plc (\"the Company\", \"Block\" or \"the Group\")\nPosting of Report and Accounts and Notice of AGM\n \nBlock Energy Plc, the oil and gas production company focused on the Republic of Georgia, is pleased to announce that, further to the announcement of the Company's preliminary results on 22 November 2018, its Report and Accounts for the year ended 30 June 2018 and Notice of Annual General Meeting have today been posted to shareholders. In addition, both documents are available on the Company's website at www.blockenergy.co.uk.\n \nThe Annual General Meeting will be held at 14.00 on Thursday 20 December at the Washington Mayfair Hotel, 5 Curzon Street, Mayfair, London, W1J 5HE.\n \n \n**ENDS**\n \nFor further information visit www.blockenergy.co.uk or contact:\n \n\n\n\nPaul Haywood\nChief Executive Officer\n\n\nBlock Energy Plc\n\n\nTel: +44 (0) 20 3053 3631\n\n\n\n\nNeil Baldwin\n(Nominated Adviser)\n\n\nSpark Advisory Partners Limited\n\n\nTel: +44 (0) 203 368 3554\n\n\n\n\nCraig Fraser\n(Joint Corporate Broker)\n\n\nBaden Hill, a trading name of Northland Capital Partners ltd.\n\n\nTel: +44 (0) 20 7933 8731\n\n\n\n\nColin Rowbury\n(Joint Corporate Broker)\n\n\nNovum Securities Ltd\n\n\nTel: +44 (0)207 399 9427\n\n\n\n\nFrank Buhagiar / Juliet Earl\n(Financial PR)\n\n\nSt Brides Partners Ltd\n\n\nTel: +44 (0) 20 7236 1177\n\n\n\n \nNotes:\nBlock Energy (BLOE.L) is an AIM quoted oil and gas company with a growing portfolio of production, development and exploration assets in the Republic of Georgia. Block holds a 100% Working Interest ('WI') in the producing Norio licence, a 90% WI in the producing Satskhenisi licence and a 25% WI in the West Rustavi licence with the right to farm-in to up to a 75% WI. Block's three licences lie in the heart of the Schlumberger's 100% held position in the Kura basin, which at its peak produced ~70,000 barrels of oil per day ('bopd') in Georgia and is estimated to hold over 7 billion barrels of proven reserves in Azerbaijan and North Caucasus (Russia).\n \nThe licences currently hold estimated net proven oil reserves of 1.5 million barrels plus 61 million barre...