Block Energy, the development and production company focused on Georgia, has released a presentation focussed on Project III, the appraisal and development of gas resources in the Lower Eocene and Upper Cretaceous formations across the Company's blocks. It was delivered by Subsurface Manager, Stephen James, at the Türkiye & Black Sea Oil and Gas International Congress and Exhibition in Istanbul on 13 December 2023.
Project III spans three fields – Patardzueli, Rustavi and Teleti – all under PSC to 2048 (with extension).
The presentation can be found on the website and via the following link: https://bit.ly/41pjT7X
Source: Block Energy
