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AIM:BLOE

Block Energy PLC

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Market:
AIM
Market Cap:
£12.23 m
Price
2.80 GBX
Change
16.67%
52 weeks high
9.50
52 weeks low
0.90

In brief

Block Energy is an AIM-listed asset-backed revenue generative junior oil and gas company aiming to capitalise on first mover advantage to build the largest independent producer in Georgia, a proven but underdeveloped oil producing nation increasingly on the radar of the majors. Schlumberger, the world’s largest oilfield services provider, recently acquired a strategic position in the country. Block Energy is listed on the AIM market as BLOE.

Led by a management team with unrivalled experience and contacts in Georgia and the wider region, Block Energy is at the right address in the right country at the right time.

Snapshot

  • Owns oil and gas assets in Georgia
  • Recently acquired adjacent acreage from Schlumberger
  • Coronavirus has affected operations