Today’s guest on the ValueTheMarkets podcast, is Paul Haywood, Chief Executive Officer of Block Energy (LSE:BLOE). Block is using new technology to drill previously discovered oil and gas fields in Georgia and announced in April that its 16az well had exceptional flow rates of over 1000bbls/d. Block is cashed up to accelerate its drilling campaign after raising £12m in May. Paul outlines the company’s drilling forthcoming plans and the ramp up in production since the firm secured storage for up to 90,000 barrels of oil near the West Rustavi field.
ValueTheMarkets Podcast 011 - with Paul Haywood, CEO of Block Energy (BLOE)
By Patricia Miller
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IMPORTANT NOTICE AND DISCLAIMER
This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.
