Block Energy (BLOE)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

 0.93p
   
  • Change Today:
      0.000p
  • 52 Week High: 1.10p
  • 52 Week Low: 0.65p
  • Currency: UK Pounds
  • Shares Issued: 772.65m
  • Volume: 352,152
  • Market Cap: £7.15m
  • Beta: 0.03

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 0.93p
Change Today 0.000p
% Change 0.00 %
52 Week High 1.10p
52 Week Low 0.65p
Volume 352,152
Shares Issued 772.65m
Market Cap £7.15m
Beta 0.03

Block Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
26.39% above the market average26.39% above the market average26.39% above the market average26.39% above the market average26.39% above the market average
9.86% below the sector average9.86% below the sector average9.86% below the sector average9.86% below the sector average9.86% below the sector average
Price Trend
22.12% above the market average22.12% above the market average22.12% above the market average22.12% above the market average22.12% above the market average
50.68% above the sector average50.68% above the sector average50.68% above the sector average50.68% above the sector average50.68% above the sector average
Income Not Available
Growth
31.34% below the market average31.34% below the market average31.34% below the market average31.34% below the market average31.34% below the market average
15.56% below the sector average15.56% below the sector average15.56% below the sector average15.56% below the sector average15.56% below the sector average

Block Energy Dividends

No dividends found

Trades for 18-Jul-2025

Time Volume / Share Price
14:32 322,152 @ 0.93p
13:51 30,000 @ 0.90p

Block Energy Key Personnel

CEO Paul Haywood

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