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The latest update is out from Block Energy Plc ( (GB:BLOE) ).
Block Energy plc has announced the posting of its Annual Report for the year ended 31 December 2024 and the notice for its Annual General Meeting (AGM), scheduled for 25 June 2025 in London. This announcement underscores Block Energy’s commitment to transparency and stakeholder engagement, as it continues to focus on its strategic projects in Georgia, which are crucial for its growth and positioning in the energy market.
More about Block Energy Plc
Block Energy plc is an AIM quoted independent oil and gas production and development company with a strategic focus on unlocking the energy potential of Georgia. The company holds interests in seven Production Sharing Contracts in central Georgia, covering 4,256 km2, including the XIB licence with significant gas resources. Block Energy’s operations are structured around a four-project strategy aimed at increasing production, redeveloping fields, discovering new deposits, and capitalizing on untapped gas resources, strategically positioned for the EU market.
Average Trading Volume: 757,770
Technical Sentiment Signal: Buy
Current Market Cap: £7.89M
For a thorough assessment of BLOE stock, go to TipRanks’ Stock Analysis page.