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Block Energy says Schlumberger Rustaveli acquisition "massively increases resource space"

Block Energy PLC's (LON:BLOE) Technical Manager Jonathan Bedford joins Proactive London to talk about his career in the oil and gas industry and how he intends to use this experience to boost Block Energy's operations.

Bedford says he can "flex all my muscles acquired over my time in previous companies, in technical, operational and financial" roles.

He has been in the team full time since July and says "it's a wonderful time to build a team because there is such an overflow in the market of exceptional talent".

Referring to the completion of the acquisition of the Schlumberger Rustaveli Company Limited (SRCL), Bedford says it doubles production base and 'massively increases resource space.

The company has also secured the transformational licences for Georgian onshore blocks IX and XI.

Quick facts: Block Energy PLC

Price: 3.27 GBX

Market: AIM
Market Cap: £20.12 m

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