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Full interview: Block Energy CEO details West Rustavi production as they focus on executing plan in Georgia

Block Energy PLC's (LON:BLOE) Paul Haywood caught up with Proactive London's Andrew Scott after announcing production has resumed at the West Rustavi field, with the 16aZ well now online.

Haywood says bringing the well back online took a bit of time due to agreeing contracts with the State on leasing their storage and separation facilities.

He also adds detail around current production rates at the well and plans for the 38z well, which is seen as analogous to 16aZ. 

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Price: 2.525 GBX

AIM:BLOE
Market: AIM
Market Cap: £11.01 m
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Block Energy CEO talks 'transformational' Schlumberger deal and progress...

Block Energy's (LON:BLOE) Paul Haywood discusses with Proactive London the measures they've introduced including steps taken for cash preservation to see them through the coronavirus crisis. He updates on their recent acquisition of new acreage in Georgia - picking up two areas held by...

on 26/5/20

2 min read