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21 Oct 2019 | 14:05

Block Energy makes progress on key oil well in Georgia

Block Energy said it had successfully installed and cemented casing through the build section of a well in the nation of Georgia.

The WR-38Z well was being drilled at the company's flagship West Rustavi field.

A critical phase in sidetracking operations was currently in progress at the well, which was being drilled horizontally into the field's primary Middle Eocene reservoir.

'Block looks forward to announcing the completion of drilling operations at the Well in around two weeks,' the company said.

At 2:05pm: (LON:BLOE) Block Energy Plc Ord Shs Gbp0.0025 share price was +0.65p at 5.25p

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