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Block Energy PLC
Lansdowne House, 57 Berkeley Square
Phone: +44 2034689891p:+44 2034689891 LONDON, W1J 6ER  United Kingdom Ticker: BLOEBLOE
Business Summary
Block Energy Plc is an independent oil and gas company focused on production and development in Georgia. Its segments include Oil and Gas Extraction, and Corporate. The Company’s projects include Project I, Project II, Project III, and Project IV. Project I is focused on the development of the Middle Eocene reservoir of the West Rustavi/Krtsanisi field, defined by the intersection of licenses XIF and XIB. Project II focused on redevelop the Middle Eocene reservoir of the Patardzeuli-Samgori field. Project III focused on tap the significant undeveloped gas resource located in the Lower Eocene, Palaeocene and Upper Cretaceous reservoirs within the XIB and XIF licenses. Project IV is focused on exploring the full potential of its licenses, including license IX and Didi Lilo where it has identified significant prospectivity. The Company's subsidiaries include Block Norioskhevi Ltd, Block Operating Company LLC, Didi Lilo & Nakarala Limited, South Samgori Limited, and others.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202312/31/2023Yes----

Industries
SIC Code Description
1311 Crude petroleum and natural gas

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Non-Executive Chairman of the Board PhilipDimmock 6/11/2018 6/11/2018
Chief Executive Officer, Executive Director PaulHaywood
Chief Operating Officer KennethSeymour 1/10/2023 9/7/2021
Senior Non-Executive Independent Director JeremyAsher 65 12/9/2021 8/13/2021

Business Names
Business Name
Block Norioskhevi Ltd
Block Operating Company LLC
Block Rustaveli Limited
8 additional Business Names available in full report.

General Information
Number of Employees: 147 (As of 12/31/2023)
Outstanding Shares: 733,395,937 (As of 6/4/2024)
Stock Exchange: LON
Fax Number: +44 01622814510


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Friday, July 26, 2024