Block Energy Plc (BLOE.L) LSE

Currency In GBp

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Block Energy Plc

Address

Eccleston Yards

London, GL SW1W 9NF

United Kingdom of Great Britain and Northern Ireland (the)

Phone

442039806250

Sector

Energy

Industry

Oil & Gas Exploration & Production

Employees

119

First IPO Date

June 11, 2018

Key Executives

NameTitlePayYear Born
Paul HaywoodChief Executive Officer & Executive Director470,5801981
Guram MaisuradzeChief Operating Officer1,533N/A
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Description

Block Energy Plc is an energy firm engaged in the exploration, development, and production of oil and natural gas within Georgia. Its principal asset is the West Rustavi onshore oil and gas field, which it fully owns and operates in the Kura basin. The company also possesses a 100% operational stake in the Block IX, Block XI, and Norio onshore oil fields, in addition to a 90% stake in the Satskhenisi onshore oil field, all of which are situated in the Kura basin. Originally named Goldcrest Resources Plc, the company adopted its current name, Block Energy Plc, in May 2017. Founded in 2005, Block Energy Plc is based in London, United Kingdom.

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