Block Energy Share Discussion Threads

[wrtmf] 10/12/2019 11:23

isn't bloe waiting for bago to complete infrastructure to supply domestic market not turkey and southern europe? is 608bcf enough to be supplying another continent [almost]? [isn't georgia closer to iran than italy?] a distraction from the bloe twitter feed, when they should be supplying info on their ops

[lithological heterogeneities] 10/12/2019 09:48

Talk about great timing for BLOE !BLOE have just tweeted that the new $40 billion pipeline running through Georgia has just been completed.https://mobile.twitter.com/BlockEnergyplc/status/1203972099855003648?s=09Nice to know our $1-$2 billion of gas is going through a pipeline that somebody else just paid $40 billion to complete

[wrtmf] 10/12/2019 09:19

after 6 weeks, what can they not know about wr38z, other than 90 day flow test numbers?

[wrtmf] 09/12/2019 10:38

a juicy rns here could have attracted some ex-tlw holders. missed opportunity!!! ...that is, if there is anything juicy to say.... edit - 13.13: tullow's just moved from the 60s into the 40s edit - 17.05: tlw finished at 39.94

[mad foetus] 09/12/2019 10:17

They are very busy tweeting about the international gas pipe passing through Georgia

[tarby1] 09/12/2019 09:08

Looking likely they're waiting for 3D results, let's hope it's not cover up news!

[lithological heterogeneities] 08/12/2019 16:19

Expected before Christmas: West Rustavi Well 16aZ flow test results now its had time " to flow to its full potential". West Rustavi Well 16aZ sales figs (production & sales re-started back in July) "opening the prospect of excellent netbacks of US$36/bbl at US$65/bbl Brent and US$3.40/MCF for gas." and a 90,000 bbls storage capacity agreement signed. West Rustavi Well 16aZ . Since testing began, the well has produced more than 9,000 bbls of light, sweet crude oil, which at US$65/bbl Brent provides an anticipated US$300,000 net to the Company, a quarter of the original drilling cost. West Rustavi Well 38aZ updip sidetrack (1 of 4 fully funded for Well 16aZ) flow test results due," to rapidly scale oil and gas production across the Field". "3D seismic survey "to identify optimal locations for new gas wells and horizontal oil wells across the field, and will expand West Rustavi's surface production facilities to a capacity of 4,000-5,000 bbl/d." AND FINALLY !.....West Rustavi Well 30 immediate spud - THE BIG ONE. THE FIRST OF TWO POTENTIAL "COMPANY MAKERS" (Well 3 is the second one). These are the TWO fully funded wells targeting the massive potential $1.2 billion - $2 billion (or alot more) of Gas (608BCF to 1TCF) as mentioned by the CEO below: Paul Hayward (BLOE CEO): "The opportunity for us in West Rustavi is huge. We are now 100pc in over 600bcf of 2C gas resources.To put things into perspective, the assets that our new ventures team are looking at plays are 100-150bcf at a capex of $160m. We are based onshore in Georgia, and we are getting these wells down for $4-$5m with netbacks of c.$2-2.5/mcf.If you run that over an unrisked 600bcf resource, then you are looking at a project value of about $1.2bn." RNS -01 JUL 19 "Block's fully-funded back to back drilling programme, which has been designed to ramp up existing oil production and advance a contingent gas resource of over 600Bcf.The next step in the Companys programme includes sidetracking of the adjacent and analogous well 38, and three of the field's other wells, two of which will also be tested for their historic gas discoveries." Could be a great Christmas imho.

[lithological heterogeneities] 08/12/2019 14:29

Certainly looks like it will be this week. Only 2 weeks to Christmas and "alot" of news expected before Christmas so will almost certainly start this week imho.

[wrtmf] 08/12/2019 11:20

is this the week? i'm ready for a bit of excitement and 100s of posts and filtering multi-aliases!!!

[lithological heterogeneities] 06/12/2019 16:35

This ties in very nicely with "Jetjocks" email reply from BLOE PR a week ago: "JetJock 29 Nov 2019 08:05 I wouldn’t want to be out of BLOE over the weekend. last correspondence email from BLOE “December is going to be very exciting”

[lithological heterogeneities] 06/12/2019 16:03

"ALOT MORE COMING DOWN THE PIPE VERY,VERY SOON" ! New Doc Holiday podcast out today which includes BLOE. BLOE starts at around 18 mins 45 seconds and he (very enthusiastically) says: "I'm hearing there's ALOT more coming down the pipe very,very soon and is something you might want to have in your locker moving into next week and towards Christmas" Doc Holiday podcast 06 Dec 19 Https://m.soundcloud.com/doc-h-4/dlc-6-12-hard-markets-require

[chinadog3] 06/12/2019 13:00

Disappointing

[wrtmf] 05/12/2019 17:38

prefer news mon than fri, but as long as its very good then who cares!

[chinadog3] 05/12/2019 16:38

News tomorrow then?

[wrtmf] 05/12/2019 07:56

5 weeks...

[bobaxe1] 04/12/2019 20:41

Taryn put all your money into algw

[jammydodger1] 04/12/2019 20:08

Tonight you people need to research ALGWBIG PLANS 100,000,000 million. Credit facility about to be approved and signed by a leading UK asset managerMcap of this company is only 5m nowWill be multiples And way past 20pDnt be left out in the cold

[acuransx] 04/12/2019 17:51

Lets all hope so...

[acuransx] 04/12/2019 17:50

Duro beto heti

[tarby1] 04/12/2019 16:34

You need some Christmas spending money fella, sounding a touch desperate!

[bobaxe1] 04/12/2019 13:19

About a week according to the lse posts

[sahina123] 03/12/2019 16:50

Yes.should well over 12 p on good news.