Block Energy (BLOE)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

1.43p
   
  • Change Today:
    -0.12p
  • 52 Week High: 1.80p
  • 52 Week Low: 0.70p
  • Currency: UK Pounds
  • Shares Issued: 724.68m
  • Volume: 320,738
  • Market Cap: £10.39m

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Block Energy begins preparations at West Rustavi's well 38Z

By Josh White

Date: Thursday 08 Aug 2019

LONDON (ShareCast) - (Sharecast News) - Block Energy announced the start of preparations at well 38Z on its flagship West Rustavi field on Thursday, ahead of its planned horizontal sidetrack operations.
The AIM-traded firm said well 38Z was one of four wells scheduled to be sidetracked across the field, in which Block now held a 100% working interest.

"Well 38Z is analogous, adjacent and updip to well 16aZ, where Block resumed production last month," the company's board said in its statement.

"Both wells target the same Middle Eocene formation.

"The company will draw on the valuable experience gathered from the drilling of well 16aZ to optimise the completion design for well 38Z."

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Block Energy Market Data

Currency UK Pounds
Share Price 1.43p
Change Today -0.12p
% Change -7.53 %
52 Week High 1.80p
52 Week Low 0.70p
Volume 320,738
Shares Issued 724.68m
Market Cap £10.39m

Block Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
10.23% above the market average10.23% above the market average10.23% above the market average10.23% above the market average10.23% above the market average
23.68% below the sector average23.68% below the sector average23.68% below the sector average23.68% below the sector average23.68% below the sector average
Price Trend
75.49% above the market average75.49% above the market average75.49% above the market average75.49% above the market average75.49% above the market average
87.65% above the sector average87.65% above the sector average87.65% above the sector average87.65% above the sector average87.65% above the sector average
Income Not Available
Growth
56.21% above the market average56.21% above the market average56.21% above the market average56.21% above the market average56.21% above the market average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average

Block Energy Dividends

No dividends found

Trades for 16-May-2024

Time Volume / Share Price
15:47 250,000 @ 1.50p
15:10 50,000 @ 1.50p
14:07 8,000 @ 1.50p
10:07 12,738 @ 1.57p

Block Energy Key Personnel

CEO Paul Haywood

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