Block Energy PLC 2021 Annual Report with Sustainability Disclosures
Company: Block Energy PLC
Sector: Mining & quarrying
Country: United Kingdom
Year: 2021
Type: Annual Report with Sustainability Disclosures
Pages: 86
The report describes the company's integration of assets acquired from Schlumberger, commencement of gas sales, and delivery of its two-well drilling and production-enhancement programme. Well JKT-01Z entered production at 344 boepd and paid back drilling capex rapidly. The company reports more than 399,000 operational man-hours without lost time incidents and acceptance into the UN Global Compact Network. It also highlights reduced flaring and lower emissions from selling associated gas rather than flaring it.
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