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LON:BLOE

Block Energy PLC

OPPORTUNISTIC BUY 2026-08-01 Updated today 1.05p Energy - Oil & Gas Exploration & ProductionAWAIT ENTRY
59

Position levels

Currenttoday
1.05p
Buy <=wait / entry
0.87p
Trim >=take some off
1.60p
Thesis breakA further dilutive equity raise beyond the GBP 1.5 million already completed, a mat...
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Scenario-weighted conviction

ProbabilityScoreContribution
Bull case25%100 / 10025.0
Base case50%62 / 10031.0
Bear case25%10 / 1002.5
Weighted conviction59 / 100 - OPPORTUNISTIC BUY

Top risks

  • Strategic farm-out agreement for licence XIQ (Project IV) to leading international E&P company
  • Equity fundraising of GBP 1.5 million completed to advance Georgian projects
  • Stable production of 87.5 Mboe in H1 2025 with zero lost time incidents
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