Investor Presentation

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

**ENDS**

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

Paul Haywood (Chief Executive Officer)	Block Energy plc	Tel: [phone]
Neil Baldwin (Nominated Adviser)	SPARK Advisory Partners Limited	Tel: [phone]
Peter Krens (Corporate Broker)	Tennyson Securities	Tel: [phone]
Mark Antelme Philip Dennis (Financial PR Adviser)	Celicourt Communications	Tel: [phone]

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.

 

END