Block Energy set for drill-bit catalysts in Georgia


() described its second quarter as another positive period, both financially and operationally.

“Towards the end of the quarter, we delivered on our key objective as we spudded the WR-B1 well, which, after significant planning and dedication from the team, seeks to provide a material boost to our production in Georgia,” highlighted chief executive Paul Haywood.

“The WR-B1 well will also play a vital role in the second well in the campaign as we will look to use critical WR-B1 drilling information to mitigate risk and optimise the programme of the next well.

“Beyond the drill bit, execution of the baseline production enhancement plan has made solid progress throughout Q2 and we look forward to seeing the results of the team’s hard work as the company moves through an active drilling and workover period in Q3.”


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