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NEUTRALBlock Energy Provides Update on CCS Project
The energy company provides an update on its carbon capture and storage project, reporting progress on resolving key technical uncertainties ahead of the pilot injection phase.
Block Energy
1.0000GBX
-4.76%
Market Cap
7.69M
Volume
1.05M
101% of avg
P/E Ratio
EPS (TTM)
Beta
0.18
Day Range
1.0000p - 1.0670p
52 Week Range
0.6000p1.0000p1.7500p
1.0000p
Upcoming Events
Mid 2025
Commence injection of CO2 into the reservoir
High Impact Event
2026
Project III appraisal campaign
High Impact Event
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GOODBlock Energy Expands Georgian Portfolio with Acquisition of XIQ PSC Interest
The energy company has acquired a 10% stake in the XIQ exploration licence in Georgia, which has significant oil and gas potential. The transaction is fully funded from existing cash resources.
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GOODBlock Energy Expands Georgia Footprint with Samgori South Dome Acquisition
The energy company has acquired rights to the Samgori South Dome field in Georgia, adding 574 BCF of prospective resources to its existing portfolio. This strengthens the company's growth potential as it advances its Project III appraisal plan.
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NEUTRALBlock Energy Director Increases Stake
The energy company has announced a change in a director's shareholding, providing limited details on the potential impact.
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NEUTRALBlock Energy Announces Director/PDMR Shareholding Changes
The energy company announces changes to director and PDMR shareholdings, including the issue of bonus shares and options, as well as the exercise of existing options.
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GOODBlock Energy Advances CCS Project with Phase 2 Studies
Oil and gas producer Block Energy advances its Carbon Capture and Storage project with phase 2 studies, targeting pilot injection in 2025.
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NEUTRALBlock Energy Reports Improved Profitability, but Revenue Declines in First Half
Oil and gas exploration company reports mixed results, with improved profitability but lower revenue.
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GOODBlock Energy Secures Loan Extension, Maintains Positive Cashflow
Oil and gas producer Block Energy maintains positive cashflow and secures loan extension
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NEUTRALBlock Energy Announces Change in Major Shareholding
Neutral announcement regarding change in major shareholding