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Block Energy Plc signs MoU for gas offtake from West Rustavi Licence

Paul Haywood, director of Block Energy Plc (LON:BLOE), tells Proactive's Andrew Scott they've  inked a new agreement for gas sales at the West Rustavi project in Georgia.

A memorandum of understanding with Bago Ltd, one of the largest private gas firms in Georgia, sets out the proposed terms for the sale of at least 1,000 cubic metres of gas per day

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Price: 2.44 GBX

AIM:BLOE
Market: AIM
Market Cap: £10.64 m
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Block Energy CEO talks 'transformational' Schlumberger deal and progress...

Block Energy's (LON:BLOE) Paul Haywood discusses with Proactive London the measures they've introduced including steps taken for cash preservation to see them through the coronavirus crisis. He updates on their recent acquisition of new acreage in Georgia - picking up two areas held by...

on 26/5/20

2 min read