Block Energy BLOE.L · GBp

Its shares trade on LSE under the ticker BLOE.L. It has been listed since 11 June 2018. In the fiscal year to 31 December 2025, it reported revenue of $6.1m and a net loss of $2.6m. At that date it held total assets of $29.7m and shareholders' equity of $25.5m.

Block Energy plc, is a United Kingdom-based oil and gas exploration and production company. The Company’s projects include West Rustavi onshore oil and gas field, Norio onshore oil field, Satskhenisi onshore oil field, and blocks IX and XI B. The block XIB in Georgia produces of approximately 180 MMbbls of oil from the Middle Eocene. Exploration block IX has 38 legacy wells with two drilled wells. West Rustavi project consist of wells that have oil and gas from multiple geological horizons. Norio project is 35 kilometres from the centre of Tbilisi, requiring low capex recompletions of existing wells and new horizontal wells, to existing production. Satskhenisi project produces circa six bopd, which consist of 27.8 MMbbls unrisked two contingent oil resources.

Figures and description from our data supplier, not checked against the company's own report.

• Mr. Philip DimmockIndependent Non-Executive Chairman of the Board$71,252
• Mr. Paul HaywoodChief Executive Officer, Executive Director$547,972
• Dr. Kenneth SeymourChief Operating Officer, since 2021$1,977
• Mr. Jeremy AsherSenior Non-Executive Independent Director$56,450

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