News Oil & Gas

Block able to receive gas at West Rustavi EPF

Posted on Author editorial Comments Off on Block able to receive gas at West Rustavi EPF

Block Energy plc said its wells could now receive gas in readiness for the installation of the sales pipeline in West Rustavi, Georgia.

Success: Block aims to restart oil production and first sales of associated gas (Block Energy – licence area)

TESTS

The company has on time and budget completed construction of the gathering line between the early production facility (EPF) on the West Rustavi oil and gas field and WR-38Z.

“The pipeline has been successfully pressure tested at 6,600 kPa with no failures,” said Block in a statement.

“The EPF is now ready to receive gas from wells WR-16aZ and WR-38Z, which will remain shut-in to conserve gas until the gas sales line has been constructed and gas sales can commence.”

SALES

Georgian independent gas company Bago LLC has agreed to purchase the gas from the EPF.

Block added that Bago was continuing to construct its gas sales line to recover time lost due to the pandemic.

After completion, oil production from West Rustavi will restart and first sales of associated gas will begin.

Related Articles
Finance Metals & Minerals News

Cora Gold raises £4.25m via placing-subscription

Posted on Author editorial

Cora Gold Ltd has conditionally raised £4,250,000 before expenses through a placing and subscription. The fundraise was of 42,500,000 new ordinary shares of no par value at a price of 10 pence per ordinary share.
Metals & Minerals News

Scotgold finds lower than expected grade at Cononish

Posted on Author editorial

Scotgold Resources Ltd said it had encountered “lower than expected grade” at 19m of the 115m strike length in Cononish gold and silver mine near Tyndrum in Scotland. OPERATIONS The company added that long hole stoping was “progressing well” and “for the most part” in line with the 2023 mine plan. A total of 1,956 […]
Metals & Minerals News

Power Metal reports high grade uranium samples

Posted on Author editorial

Power Metal Resources plc reported “high grade” assay results from rock samples at three of its uranium properties at the Athabasca basin area of Saskatchewan. PROSPECTIVITY In its phase I field programme between August and October 2022, the company collected a total 46 rock samples including 29 samples from Tait Hill and eight each from Thibaut Lake and […]