Block Energy Share Discussion Threads

[andyalbi71] 24/5/2024 07:51

Yup ... Jak "accidentally" omitted that bit of info

[faraweigh2] 24/5/2024 07:42

"2023 stands out as a pivotal year for our Company. Bolstered by solid production, a focus on costs and a supportive oil price environment, we have seen a strong improvement in our financial position. We were also able to focus on advancing our high impact projects, in particular Project III, and the generation and independent verification of a carbon capture storage ("CCS") project".

[faraweigh2] 24/5/2024 07:39

Finals were for last year.Suggest a revisit to March 11 investor presentation.Keep up to date....

[andyalbi71] 23/5/2024 17:58

Yup, half a mil mopped up after hours , should open up tomorrow

[faraweigh2] 23/5/2024 17:13

Another too.300k delayed Buy trade.Sweet!

[faraweigh2] 23/5/2024 16:54

All sells mopped up there nicely by the late report Buy trade alone.Folks want in on the potential here!!

[bad gateway] 23/5/2024 12:19

Georgian Gov are in the fight of their lives. The whole west has ganged up on them against their transparency law. Think they're terrified of having the world know how much surreptitious influence they've been building there.
Hope the georgians win.


Georgian PM says “no alternative” to fighting “Global War Party”
Agenda.ge, 23 May 2024 - 14:44, Tbilisi,Georgia

Georgian Prime Minister Irakli Kobakhidze on Wednesday said there was “no alternative” to fighting the “Global War Party”, in reference to unspecified political forces in the West who allegedly seek to create a revolutionary scenario in Georgia and involve the country into opening a “second front” amid the ongoing war in Ukraine.

In his interview with the Georgian Public Broadcaster, Kobakhidze claimed “giving up” in the confrontation would end up in “Ukrainisation” of the country, and added the struggle was “very difficult, including from a personal point of view”.

For me personally, it is not pleasant at all to be in this struggle. This struggle is associated with serious risks. Among them, personal risks - [but] I do not want to give specific examples in this regard. It is not pleasant either personally or in general, but there is no alternative for one reason. The [only other choice] is giving up, and the only outcome of doing so would be Ukrainisation of the country”, he told the channel.

“The only alternative that will come into power is the same political force that ruled the country from 2004 to 2012. This is the collective United National Movement party. The guaranteed result of activities of this political force [...] would be the Ukrainisation of the country. They will easily take the steps they [the Global War Party] asked of us and will achieve the Ukrainisation of the country in a very short period of time”, he claimed.

The Government head further alleged there was a “serious interest in opening a second front” in Georgia amid the war in Ukraine, which he said was aimed at “seriously damag[ing]” Russia's positions, given fighting on two fronts would “not be easy” for the country. But the PM added the scenario “would destroy our country”.

Kobakhidze also commented on media reports alleging that a possible disclosure of unspecified information by United States authorities could damage the reputation of the ruling Georgian Dream party.

“Such information cannot exist, because we act absolutely for the sake of protecting national interests, and the only thing that drives us is the national interests of our country”, Kobakhidze said.

As for the information regarding certain processes - when and how the Global War Party was involved in the development of difficult processes in Georgia - we really have information about this and the Global War Party should be really afraid of this information [becoming] public, [about] what happened in different periods in our country”, he claimed.

“Therefore, no one can be blackmailed, [and] no information can exist - the only information that can exist is the information about the protection of the national interests of our country by our team”, he continued.

Kobakhidze also added Turkey, as a NATO member country, had considered a “stricter law on transparency of foreign influence”, but the plans had not been followed by “such statements” by NATO Secretary General Jens Stoltenberg.

He alleged the difference between the two allegedly contrasting reactions was that Turkey “could not be dragged into the ongoing war in Ukraine through the opening of a second front” unlike Georgia.

[skif] 23/5/2024 12:18

Not many encouraging words about progress of the Farm Out and the quantum rise. I can see this falling back from here until news on that is finally announced.

[andyalbi71] 23/5/2024 11:48

https://www.blockenergy.co.uk/wp-content/uploads/2024/05/Block-Energy-Plc-Annual-Report-2023.pdf

[bibs] 23/5/2024 10:16

Quick observation:With only a few more Blue trades, the reported sell trades of the last few trading sessions will be bought up.The fall from 1.8s to 1.3s was a result of very little sell volume. Look for the Red in the chart at the bottom of our daily and weekly trade summary.Any positive sentiment over and above today's news should see the share price exceed 12 month highs.Please do your own research and form your own conclusion.

[andyalbi71] 23/5/2024 09:00

What's happened to your dodge log in skif , was it cancelled for chatting fake news

[andyalbi71] 23/5/2024 08:57

They were p1 wells ... last p2 well significantly increased oil production

[faraweigh2] 23/5/2024 08:57

Whilst you write your nonesense, do keep an eye on the trading today ; ))

[faraweigh2] 23/5/2024 08:55

A balanced paragraph, yes.Now go and re-read your post, focussing only on the negative.Some things never change .....

[skif] 23/5/2024 08:52

Gaywood will start drilling those 100k a pop P2 deeps to supplement revenue imo.

[skif] 23/5/2024 08:51

"The directors are nevertheless conscious that oil prices have been volatile during the past few years and could rise further but could also fall back in the year ahead, and that future production levels depend on both depletion rates from existing wells and the success of future drilling."

[faraweigh2] 23/5/2024 08:41

That statement is absolutely farcical and proves you have absolutely no Idea at all what you are writing (deramping) about.Embarrassing post.Take a look at what EBITDA actually means and educate yourself lol!!

[skif] 23/5/2024 08:36

Production is already starting to decline as is the oil price, so revenue this year is likely to fall.

[faraweigh2] 23/5/2024 08:32

lol, trying to deramp over on LSE too.Shorters in turmoil, as there's plenty more news to flow (soon).Growth is written all over BLOE now.

[bibs] 23/5/2024 08:22

As an LTH am please to see today's news.
Solid growth has been shown and newsflow set to ramp up soon too, by the sound it.
Sit tight and watch for the incoming updates.
Good luck with investments here.