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Block Energy's Paul Haywood chats to Proactive as well-workover programme begins

Paul Haywood, director at Block Energy Plc (LON:BLOE), skyped into the Proactive London studio as a programme of well work-overs at the Norio oil field, in the Republic of Georgia, got underway.

Block plans to carry out two work-over programmes, one through late 2018 and one in the first quarter of 2019.

The current programme begins with the preparation of four of eight existing wells, before new perforation technology will bypass any damage caused by historic heavy mud drilling.

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Price: 5.62 GBX

AIM:BLOE
Market: AIM
Market Cap: £22.12 m
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Investor Update: Block Energy completes critical phase of WR-38Z sidetrack

Headlines from Proactive UK newsroom. Block Energy (LON:BLOE) has completed a critical phase of the sidetrack programme at its WR-38Z well on the West Rustavi field in Georgia. New casing has been cemented through the build section of the well, which will prevent fluid incursion into the...

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