Are there further financial or operational details available for Block Energy in the provided sources?

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Block Energy is an oil and gas exploration and production company focused on conventional assets in the North Sea and Eastern Europe. The company operates licenses in the UK Continental Shelf and Romania, with a strategy centered on low-cost, near-term production opportunities and exploration upside. Block Energy is a small-cap AIM-listed company in the early-to-mid stage of development, targeting near-term cash generation from its portfolio of assets.

Sector: Oil & Gas
Market: AIM

Insight

What economic interest would Block Energy obtain in the Ndjila and Mpari production sharing contracts on conversion of the Pilgrim Exploration loan?

On conversion of the Pilgrim Exploration loan, Block Energy would obtain a 76.5% economic interest in the Ndjila and Mpari production sharing contracts, subject to regulatory approvals.

Updated 25 Jun 2026

Insight

When did Block Energy expect to commence 3D seismic acquisition over the Martkopi Terrace?

Block Energy expected to commence 3D seismic acquisition over the Martkopi Terrace in July 2026, with an acquisition phase of about three months.

Updated 25 Jun 2026

Insight

What resource estimate did DeGolyer and MacNaughton assess for Block Energy's Martkopi Terrace prospect?

DeGolyer and MacNaughton assessed mean unrisked recoverable prospective resources at Martkopi Terrace of 301.7 million barrels of oil equivalent.

Updated 25 Jun 2026

Insight

What happened to Block Energy's participating interest in the XIQ licence under the January 2026 farm‑out to Aspect Georgia?

Under the January 2026 XIQ farm‑out to Aspect Georgia, Block Energy's participating interest in XIQ was reduced to 9.5% and Block is fully carried through a staged work programme of approximately US$95.0m.

Updated 25 Jun 2026

Insight

What revenue, EBITDA, production and year‑end cash did Block Energy report for the year ended 31 December 2025?

For the year ended 31 December 2025 Block Energy reported revenue of US$6.057m, EBITDA of negative US$0.94m, production of 122,474 barrels of crude and 245 MMCF of gas (average ~447 boepd), and cash of US$1.493m at year‑end.

Updated 25 Jun 2026

Identifiers

Ticker: BLOE
Market: AIM
ISIN: GB00BF3TBT48
LEI: 213800E2J8QA1J6KN415

Learn more on:

GLEIF Companies House

Timeline

Block Energy to start 3D seismic survey at Georgian prospect carrying 301.7 MMboe resource estimate

Oil & Gas Today: Sulnox, Block Energy, Prospex Energy

Block Energy "focussing on execution" after January's farm-out deal

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Block Energy takes option on Gabon offshore PSCs

Block Energy strikes binding farm‑out with Chinese group Sanning to fund Project III appraisal

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