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Block Energy PLC - Board Appointment

RNS Number : 5144M
Block Energy PLC
17 September 2019

Block Energy Plc | Index: AIM | Epic: BLOE.L | Sector: Oil and Gas


17 September 2019


Board Appointment


Block Energy Plc ('the Company' or 'Block'), the exploration and production company focused on the Republic of Georgia, is pleased to announce that Mr William McAvock, FCCA, has been appointed as Chief Financial Officer and a Director of the Company's Board, having previously acted as Finance Manager since 13 May 2019.

Before joining Block Mr McAvock gained more than 12 years' professional experience in strategic and operational finance roles within four listed natural resource groups, most recently as Interim Financial Controller and Financial Projects Manager at Gulf Keystone Petroleum Ltd, the Main Market-listed oil and gas operator of the Shaikan field in the Kurdistan region of Iraq, which has a capacity of 40,000 barrels of oil per day.

He had previously worked at Australian-listed International Petroleum Ltd, AIM-listed African Minerals Ltd and TSX- and AIM-listed Adastra Minerals Inc, where he took leading roles in establishing and managing financial systems in Russia, Kazakhstan, Niger, Sierra Leone and the Democratic Republic of Congo.

Mr McAvock is a qualified Chartered Certified Accountant and holds a BA (Hons) in Accounting from London Guildhall University.

Block Chairman, Philip Dimmock, said: 'We are delighted William is joining the Board to lead our finance team at this critical and exciting time for the Company. He brings considerable experience to support Block through the next phases of its development.'


Full name: William McAvock

Age: 49 years old

William McAvock currently holds the following directorships/partnerships: Hencham Limited

Directorships and partnerships held within the last five years: None

Save for the disclosures above, there are no further disclosures to be made in accordance with Rule 17 and Schedule 2(g) of the AIM Rules.

This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation which came into effect on 3 July 2016.


 For further information please visit http://www.blockenergy.co.uk/ or contact:


Paul Haywood
Chief Executive Officer

Block Energy Plc

Tel: +44 (0)20 7997 6136


Neil Baldwin
Nominated Adviser

Spark Advisory Partners Limited

Tel: +44 (0)20 3368 3554

Peter Krens
Corporate Broker

Mirabaud Securities Limited

Tel: +44 (0)20 3167 7221

Billy Clegg / Owen Roberts / Violet Wilson

Financial PR


Tel: +44 (0)20 3757 4980


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

Quick facts: Block Energy PLC

Price: 3.75

Market: AIM
Market Cap: £14.79 m

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