Block Energy Share Price (BLOE)

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Share Name Share Symbol Market Type Share ISIN Share Description
Block Energy Plc LSE:BLOE London Ordinary Share GB00BF3TBT48 ORD SHS GBP0.0025
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 2.375 293,783 08:00:00
Bid Price Offer Price High Price Low Price Open Price
2.30 2.45 2.375 2.375 2.375
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.31 -6.13 -1.96 15
Last Trade Time Trade Type Trade Size Trade Price Currency
10:05:12 O 81 2.4463 GBX
Related Shares
Bp (BP.), Royal Dutch Shell (RDSA), Spitfire Oil (SRO), Nautilus Marine Services (NAUT)

Block Energy (BLOE) Latest News

Block Energy News

Date Time Source Headline
13/4/202111:00UKREGBlock Energy PLC Price Monitoring Extension
13/4/202109:05UKREGBlock Energy PLC Second Price Monitoring Extn
13/4/202109:00UKREGBlock Energy PLC Price Monitoring Extension
09/4/202112:37UKREGBlock Energy PLC TR-1: Notification of major holdings
08/4/202107:00UKREGBlock Energy PLC Issue of Options and Shares and PDMR Dealing
07/4/202112:31ALNCTRADING UPDATES: IGas and Tasty post full-year revenue declines
07/4/202107:00UKREGBlock Energy PLC Q1 Operational Update
19/3/202111:06UKREGBlock Energy PLC Holding(s) in Company
17/3/202113:39UKREGBlock Energy PLC Shares Issue and Exercise of Options/PDMR Dealing
17/3/202107:00UKREGBlock Energy PLC Shares Issue and Exercise of Options/PDMR Dealing
More Block Energy News
Block Energy Investors    Block Energy Takeover Rumours

Block Energy (BLOE) Discussions and Chat

Block Energy Forums and Chat

Date Time Title Posts
22/4/202118:37Block Energy - Oil&Gas in Rep. of Georgia8,787
13/4/202110:13SAVVY INVESTORS WILL BE SMASHING INTO BLOCK ENERGY THIS MORNING..TRUST ME13
24/9/201911:02Georgia oilfields. 2

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Block Energy (BLOE) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
09:05:172.45811.98O
08:51:142.425,828141.04O
08:24:222.4591922.48O
08:15:552.3685,0652,004.98O
08:15:542.3630,435717.35O
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Block Energy (BLOE) Top Chat Posts

DateSubject
23/4/2021
09:20		Block Energy Daily Update: Block Energy Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker BLOE. The last closing price for Block Energy was 2.38p.
Block Energy Plc has a 4 week average price of 2.28p and a 12 week average price of 2.28p.
The 1 year high share price is 5.55p while the 1 year low share price is currently 1p.
There are currently 624,326,102 shares in issue and the average daily traded volume is 3,819,192 shares. The market capitalisation of Block Energy Plc is £14,827,744.92.
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15/4/2021
08:14		beertokens: Laughable. So as a production company with revenues of over $1,000,000 a month our share price continues to be inversely proportional to the rise in oil prices. And well below a very conservative 3p placement Conspiracy theorists are loving this.
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11/4/2021
22:31		johncasey: RE: Target a test of 4.3p by the end of MayToday 21:26 #BLOE on fire on Twitter. Aim terminator buying in!!! Tomorrow gonna be a bit special I think magicpuppy Price: 2.80 No Opinion RE: Target a test of 4.3p by the end of MayToday 21:19 Miton look to be holding, under 3% so never reported. hxxps://www.fidelity.co.uk/factsheet-data/factsheet/GB00BF3TBT48-block-energy-plc/profile EliasJones Price: 2.80 No Opinion RE: One to watch: Block EnergyToday 21:18 Here is my investment rational write up on Block Energy and Stockopedia link to the article hxxps://app.stockopedia.com/content/one-to-watch-block-energy-794614?order=createdAt&sort=desc&mode=threaded EliasJones Price: 2.80 No Opinion RE: One to watch: Block EnergyToday 21:17 Block Energy Ticker (LON: BLOE) Shares: 624m Share Price: 2.7p Market Cap: £16.8m Block Energy (LON:BLOE) is an AIM listed exploration and production company focused on the Republic of Georgia and was listed on AIM in June 2018. Fair to say the first three years on AIM have been a steep learning curve for the company and following a hibernation on the production side due to covid in 2020, Block is now well positioned for a transformational 2021. The company is debt free and has as of 31 March 2021, has $6.8m cash in the bank. During Q1 2021 the company connected its early production gas facility to the Georgian network and at the same time restarted oil production and produced a combined total of 44,394 boe of oil and gas during Q1 2021 (report). The average production achieved during Q1 was 573 boepd, and this rate of production generates sufficient revenue, at current oil and gas prices, to cover over 95% of operating and administration costs, importantly allowing almost all of the cash in the bank for new wells and facilities. Maintaining the base production rate is key and will hopefully be increased significantly as the year progresses with the drilling of two fully funded wells, each targeting 600 boepd starting in May. Block also hopes to shortly announce an increase in the base production rate, with the figures of the WR-16aZ well, which is currently undergoing an intervention to be added. In addition Block continues to execute a low-cost workover programme in its newly acquired Block XIB oil fields which has so far seen a net positive impact. The technical knowledge and strength within the company has improved considerably over the past 12 months, both via the key appointed personnel, 3D and via the Schlumberger acquisition. The new corporate presentation maps out the objectives and plan to reach c. 1,800 boepd during 2021 and the plan to 6,000 bopd to year end 2022. The new presentation can be found here. Tennyson in their recent broker note forecast calculate a core NAV of 7.9p, which is a 193% upside on the current share price on a fully diluted bases and based on the existing producing assets within the portfolio plus a risked value for the three upcoming wells, when taking the undeveloped 2P reserve base, Tennyson have a risked Total NAV of 25.7p/shr. For each of the new wells in the 2021 campaign and based on current prices, Tennyson have these based on existing prices and producing 500 boepd adding and additional $3m each on top of current cash flow which can be reinvested in new wells. The house broker estimates EBITDA profitability over the next three years at $11.2m, $20.4m, $27.1m respectively. hxxps://app.stockopedia.com/content/one-to-watch-block-energy-794614?order=createdAt&sort=desc&mode=threaded
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10/4/2021
19:27		thefartingcommie: MoneyPie Price: 2.80 RE: FERGUSON AND FITZPATRICK PAYING MALCY TO DROP PRICEToday 18:55 Is it a coincidence that the share price starts to increase and then Malcy pops back up with an article slating the company. There is something really suspicious going on here. Why would Malcy leave blogging about the operations release until two days after the release when he had already put out two other blogs between now and then. The only difference is that the share price is going up today and Malcy clearly wants to stop this happening.
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10/4/2021
19:26		thefartingcommie: from lse Benjaminfranklin Price: 2.80 Strong Buy FERGUSON AND FITZPATRICK PAYING MALCY TO DROP PRICEToday 18:31 Rumor has it that Ferguson and Fitzpatrick are paying Malcy a considerable sum in posting negative views in dropping the share price. This is done so Ferguson and Fitzpatrick can acquire more shares to take over the company on the cheap in which they will then asset strip the company and us mugs will pay for their ridiculous unknown fees. It all makes sense now guys so if you want to know why the share price is where it is. All in my opinion of course and please do some research on these two. They have been doing this with many companies particularly Scirocco. at last the dots are being joined up....
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07/4/2021
08:50		the skipper: I pulled a muscle in my back getting out of bed just now but the update has helped ease the pain and I now think the large after market trades reported yesterday would have been transfers of stock between market makers once they had got wind of the incoming RNS. Nothing spectacular in it but enough to see some decent recovery in the share price imo and the appointment of a new drilling manager with experience of the operating conditions and geology is very welcome. The share price should get another welcome boost in the near future when the results of the 16 AZ well intervention are announced prior to the outcomes of the drilling campaign, which will hopefully be more productive than previous efforts given the appointment of Andrew Moncur.
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07/4/2021
08:00		fizzmiss: Leaky as an old bathtub, no wonder the share price went up yesterday. The rise in oil and gas crashed the share price previous? Simply think the share price was manipulated lower to these levels to get it back up to max 3p so no gain really. Corrupt blatant share price manipulation by the MM at its best.
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26/3/2021
08:03		fizzmiss: For what it's worth; I did email BLOE asking for some form of update or news AGAIN but received nothing back. Investor relations with BLOE are zero and need to change, no wonder shareholder confidence and the share price is so low. Some lazy fat cats at the top need to resign IMHO.
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18/3/2021
09:54		fizzmiss: Why would they buy back shares and increase the share price when they need 10m to ensure they get their obese manager wages... All me me me at BLOE board level.
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03/3/2021
06:41		fizzmiss: Just proves that IG was not holding back the share price; so back to the share price manipulating syndicate with the help of the MM. Such is the corruption within the UK stock markets.
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04/12/2020
09:49		thefartingcommie: Paulo123 Today 09:19 from lse The block board have been delivering exactly what they have said they were going to in the second half of this year and the company is progressing as a grown-up and sensibly run company should. Exactly one month ago on November 4th, the share price closed at 2.5p. In the month since then the company have: 1. Confirmed that the completion of the gathering to the EPF - putting them in a position to sell gas as soon as Bago finish their work. 2. Completed the acquisition of the Schlumberger acreage thus massively increasing the prospective resources. 3. Raised £5.28 million in order to fund production drills in Q1 2021. So 4 weeks ago we had no ability to sell our gas; a much smaller asset base and no money and the share price was 2.5p. Today we have: our side of the gas sales pipeline completed, a massive increase in prospective resources; are fully funded for a drill program early next year and a share price of 3.5p. But this is just the beginning. Now Block are funded to do the work in Georgia we can expect the share price to rise on the back of that. The gas sales mean an income coming in and successful drills mean more income. Income means that further work can potential be funded out of debt avoiding further dilution and this in turn means that the share price will further increase. Everything is looking so much more in place for future profits for all of us today than it did even on Monday let alone back in November and yet some are still moaning. How did they think that we were going to carry out work with no money? I know that some thought that we should farm-out the licenses (which is a fair enough comment) but any farm-out would take significant time to carry out and is also just dilutive in a different way. Would people have been more happy if we spent the next 6 months doing nothing but working on a farm-out deal and then gave away 50% of the license on that? Most of the people who post here are sensible and well informed and it was not really a surprise to see that some of the biggest critics of yesterday's news appeared to be ramping traders who were talking about £1 a share on Wednesday and then selling out completely because the company was destroyed on Thursday! It is totally illogical and these people clearly do not know what they are talking about. Their arguments simply make no sense unless they are trying to manipulate this board for short term gain. We are in a fantastic position today. We are in control of our own destiny and we have an experienced oil-man at the helm in Jonathan Bedford as our technical manager and he has put together a very high quality team underneath him, so we are fully funded and ready to drill as soon as we can. The future is brighter than it has ever been.
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