Company Block Energy Plc

Equities

BLOE

GB00BF3TBT48

Oil & Gas Exploration and Production

Delayed London S.E. 01:51:04 29/04/2024 pm IST 5-day change 1st Jan Change
1.7 GBX -5.56% Intraday chart for Block Energy Plc +13.33% +44.68%

Business Summary

Block Energy Plc is an independent oil and gas production and development company focused on fields in Georgia. The Company’s projects include Blocks XI B & IX, West Rustavi, Norio, and Satskhenisi. The Company is engaged in the evaluation and development of natural gas resources throughout the Eocene in Blocks XIF and XIB. Block XIB (about 615 square kilometers) is a productive block, with over 180 million bbls of oil produced from the Middle Eocene. Exploration Block IX has about 38 wells with two drilled wells with oil and gas shows. West Rustavi onshore oil and gas field covers approximately 36.5 square kilometers (km2) with multiple wells. Norio onshore oil field is located approximately 35 kilometers (km) from the center of Tbilisi. Satskhenisi onshore oil field produces from the Maikop and shallow Sarmatian lithologies. The Company's segments include Oil Extraction and Corporate and other. The Company has an operations subsidiary in Georgia, Block Operating Company LLC (BOC).

Number of employees: 168

Sales per Business

GBP in Million2021Weight2022Weight Delta
Oil Extraction
100.0 %
4 100.0 % 7 100.0 % +50.88%

Sales per region

GBP in Million2021Weight2022Weight Delta
Georgia
100.0 %
4 100.0 % 7 100.0 % +50.88%

Managers

Managers TitleAgeSince
Chief Executive Officer 43 09/16/09
Chief Operating Officer - -
Chief Tech/Sci/R&D Officer - 05/20/05
Corporate Secretary 47 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 66 13/21/13
Chairman 77 11/18/11
Chief Executive Officer 43 09/16/09

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 724,675,812 551,285,318 ( 76.07 %) 0 76.07 %

Shareholders

NameEquities%Valuation
Intertrust Employee Benefit Trustee Ltd.
9.130 %
66,165,875 9.130 % 815 164 p
Amati Global Investors Ltd. (Venture Capital)
6.881 %
49,864,593 6.881 % 614 332 p
Edale Capital LLP
2.994 %
21,693,706 2.994 % 267 266 p
13,059,072 1.802 % 160 888 p
4,039,130 0.5574 % 49 762 p
2,942,357 0.4060 % 36 250 p
2,434,046 0.3359 % 29 987 p
1,454,309 0.2007 % 17 917 p

Company contact information

Block Energy Plc

Lansdowne House 57 Berkeley Square

W1J 6ER, London

+

http://www.blockenergy.co.uk
address Block Energy Plc(BLOE)
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