BLOE.L Stock Analysis
BL
Uncovered
Block Energy PLC is uncovered by Eyestock quantitative analysis.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Low score
Block Energy Plc explores, develops, and produces oil and natural gas in the Republic of Georgia. The firm operates through two segments. The Oil Extraction segment is focused on oil and gas development and production activities in Georgia. The Corporate segment operates a corporate head office in the United Kingdom. Its projects include Blocks XI B & IX, West Rustavi, Norio, and Satskhenisi. West Rustavi onshore oil and gas field covers approximately 36.5 square kilometers (km2) with multiple wells. Norio onshore oil field is located approximately 35 kilometers (km) from the center of Tbilisi. Its subsidiaries include Georgia New Ventures Inc, Satskhenisi Ltd, Block Norioskhevi Ltd, Block Rustaveli Limited and Block Operating Company LLC. The principal activity of Georgia New Ventures Inc, Satskhenisi Ltd, Block Norioskhevi Ltd and Block Rustaveli Limited is oil and gas development and production. The Block Operating Company LLC operates oil and gas licenses held in Georgia.