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Block Energy PLC - London-based oil and gas exploration and production company which operates the West Rustavi, Norio and Satshenisi oil fields in Georgia - Announces spud of development well WR-34Z in West Rustavi. Says well forms part of the development of 3.01 million barrels of oil gross 3P reserves, with a net present value of $57.0 million. Current stock price: 1.23 pence, down 5.3% on Wednesday 12-month change: down 15% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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