Discover Block Energy
Block Energy Plc (AIM:BLOE) is a rising AIM-listed independent energy company with a well established operating base in Georgia, and a growth position in Gabon.
Established base
Well established operating base in Georgia
Growth platform
an offshore growth position in Gabon
Multiple pathways
Production, redevelopment, exploration, and carbon capture and storage
Our projects
Block’s diversified portfolio of production, redevelopment, carried growth and low-cost entry opportunities across Georgia and Gabon opens multiple paths to value creation.
Gabon
Representing a strategic growth opportunity, our offshore Gabon licences offer exposure to discovered resources and significant exploration upside in a mature hydrocarbon province
Project I
Project I combines established production, development potential, and innovative drilling techniques to generate cash flow, support future growth, and maximise value across the wider portfolio
Project II
Project II is focused on realising the substantial potential of the Patardzeuli-Samgori field, leveraging a large contingent resource base, proven production history, and attractive development opportunities
Project III
Project III is focused on developing a significant gas resource with multi-trillion cubic feet potential, supported by strategic partnerships and long-term value creation opportunities
Project IV
Project IV targets significant exploration upside across multiple licences, supported by a strategic farm-out partnership and a fully funded programme designed to unlock substantial resource potential
Carbon Capture and Storage
Our CCS initiative has the potential to establish a major CO₂ storage hub in Georgia, supporting industrial decarbonisation and contributing to long-term net-zero objectives
Block at a glance
Block’s portfolio combines established operations in Georgia with a 76.5% indirect economic interest in the Ndjila and Mpari PSCs offshore Gabon, including an anchor discovery tested at 3,300 bopd.
4,256 km²
Production Sharing Contract area across central Georgia
2.77 TCF
2C Contingent Gas Resources
US$170m
Combined carried funding secured across projects
75 MMbbl
Discovered oil resource offshore Gabon (pMean)