Block Energy is pleased to announce that it has completed its initial CO2 injection as part of the Carbon Capture and Storage ("CCS") project. Following data review, injection rates will likely be optimised, providing the potential to increase per-well injection capacity.

Block Energy plc, the production and development company focused on Georgia, announced good progress on Phase 2 of its CCS project, with the key process specific subsurface uncertainties, ahead of the pilot test, having been resolved. Work has shifted to the redesign of existing non-producing wells, and implementation of the pilot injection of CO2 into the reservoir.

Block Energy, the development and production company focused on Georgia, announced a study identifying a Carbon Capture and Storage opportunity within the Company's Block XIB with the potential to support a major net-zero CO2 industrial hub.