Block Energy plc has been accepted into a United Nations international platform for businesses and organisations to network and engage in human rights, labour, environment, and anti-corruption. The Global Compact network is a commitment to the implementation, disclosure and promotion of its ten universal principles. ENVIRONMENT, SOCIAL AND GOVERNANCE The 10 principles of the UN […]
Day: 15 November 2024
Block first full quarter gas boosts W. Rustavi revenue
Block Energy plc recorded a rise in gas production and hydrocarbon prices seeing the company maintain a strong cash balance from its operations in West Rustavi, Georgia. In its operational review of Q2 2021, the company said WR-B1 well on the West Rustavi field targeting 2.1 MMboe of recoverable oil and gas, had materially boosted production. […]
Caerus-Jubilee to pilot copper-gold sampling in Cyprus
Caerus Mineral Resources plc and Jubilee Metals Group plc have committed to an immediate pilot copper-gold sampling and investigation programme in Cyprus. The programme, to be managed on site by Caerus using Jubilee protocols, aims to make up for time lost due to Covid-related travel restrictions. Laboratory mineralogical and metallurgical studies will be followed by a […]
Kavango raises £10,625 through warrant exercise
Kavango Resources plc raised £10,625 after receiving notices to exercise warrants over 250,000 new ordinary shares of £0.001 each in the company (warrant shares). The warrant shares are being issued pursuant to the exercise of warrants granted on 1 December 2020.
Serica marks successful flow test results at Columbus
Serica Energy plc today announced successful flow test results from the Columbus development well in the Central North Sea. DEPTH The company had earlier this year experienced difficulties with installing sand screens but remained on course for production. The well was drilled to a measured depth of 17,600ft with a horizontal section of over a […]