RCS - Block Energy PLC - Investor Presentation

Block EnergyAnnouncement

27/05/2026 07:00

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RNS Number : 7819F  Block Energy PLC  27 May 2026

27 May 2026

Block Energy plc

("Block" or "the Company")

Investor Presentation

 

Block Energy plc, the AIM-quoted oil and gas company, is pleased to announce
that its Chief Executive Officer, Paul Haywood, will host a live Investor
Presentation on the Engage Investor platform on 28 May at 11 am BST.

 

Block welcomes all current shareholders and interested investors to join and
encourages

investors to pre-submit questions. Investors can also submit questions at any
time during the live

presentation.

 

Investors can sign up to Engage Investor at no cost and follow Block Energy
plc from their

personalised investor hub.

 

Register interest in this event here: https://engageinvestor.news/BLOE26
(https://engageinvestor.news/BLOE26)

 

 

**ENDS**

For further information please visit http://www.blockenergy.co.uk/ or contact:

 Paul Haywood                Block Energy plc                 Tel: +44 (0)20 3468 9891

 (Chief Executive Officer)
 Neil Baldwin                SPARK Advisory Partners Limited  Tel: +44 (0)20 3368 3554

 (Nominated Adviser)
 Peter Krens                 Tennyson Securities              Tel: +44 (0)20 7186 9030

 (Corporate Broker)

 Mark Antelme                Celicourt Communications         Tel: +44 (0)20 8434 2643

 Philip Dennis

 (Financial PR Adviser)

 

Notes to editors

 

Block Energy plc (AIM:BLOE) is an independent oil and gas company focused on
building a diversified portfolio of production, development and high-impact
exploration assets across Georgia and Gabon.

 

In Georgia, the Company holds interests in seven Production Sharing Contracts
covering 4,256 km2 in the central part of the country. The portfolio spans
multiple hydrocarbon types and reservoir targets, ranging from existing oil
production to material gas discoveries. The flagship XIB licence contains over
2.77 TCF of 2C contingent gas resources across the Patardzueli-Samgori,
Rustavi and Teleti fields with an estimated Net Present Value 10 ("NPV") of
USD 2.2 billion. (Source: IER, OPC 2024 & Internal estimates).

 

Strategically located near Tbilisi and well-positioned for European gas
markets, these assets are being advanced through a combination of partner
funding and cash flow from existing production. The Company has a Binding
Framework Agreement with Zhijiang Sanning Energy Co. Ltd in relation to the
farm-out Project III to support appraisal and development while reducing
capital exposure. Block has also completed a farm-out of its XIQ licence to
Aspect Georgia, under which Aspect may earn up to a 92.5% working interest
through a fully funded, staged work programme.

 

In Gabon, the Company made a strategic entry targeting a 76.5% interest in two
offshore PSCs, Ndijila and Mpari, covering 5,331km² with 75MMbbls of
discovered oil (pMean). The licences offer low-cost entry with material upside
across four discovered areas and significant exploration potential.

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