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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: 5.15 GBX

Market: AIM
Market Cap: £20.27 m
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Investor Update: SIMEC Atlantis chosen for demo project in Japan

Headlines from the Proactive UK newsroom. SIMEC Atlantis Energy (LON:SAE) has been chosen to supply tidal generation equipment and offshore construction services for a demonstration project in Japan. The project is located in the straits of Naru Island.  Block Energy (LON:BLOE) has...

on 31/10/19

2 min read