News Oil & Gas

Block reaches second casing point for WR-B1

Block Energy plc today said that well WR-B1 had successfully reached the 9 ⅝” casing point and remains on target in its 100% West Rustavi oil and gas field, Georgia. The casing has been installed and cemented in place at the top of the Middle Eocene reservoir. The reservoir was encountered within two metres of […]

News Oil & Gas

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. […]