Block Energy Announces Board Changes

Source: www.gulfoilandgas.com 9/6/2021, Location: Asia

Block Energy plc, the development and production company focused on Georgia, is pleased to announce the proposed appointment of Dr Kenneth "Ken" Seymour as an independent Non-Executive Director, subject to the completion of the Nominated Adviser's usual regulatory due diligence checks.

Dr Seymour has worked with major and minor petroleum Exploration & Production companies for over 40 years as drilling engineer, drilling superintendent, drilling manager, general manager, director and adviser in the North Sea and on international assignments in Netherlands, China, Pakistan, Angola, Nigeria and Indonesia. Ken is currently an independent consultant focusing on dispute resolution, drilling optimisation and geothermal energy for HKA Global, Seplat Energy and Ceraphi Energy.

Dr Seymour graduated from Leeds University with a first class BSc honours degree in Mining Engineering and a PhD in Rock Mechanics. He also obtained an MBA from the Aberdeen Universities and has authored twenty-seven presentations on well engineering and upstream management.

The appointment of Dr Seymour has been made following the Company's internal and external procedures and process but, as outlined above, remains subject to regulatory due diligence checks by the Nominated Adviser.

The Company also announces that Charles " Chuck" Valceschini , independent Non-Executive Director, has tendered his notice of resignation as a director of the Company. He will continue to serve as a director until his notice period expires on 3 December 2021.

Commenting, Philip Dimmock, Chairman of Block Energy, said:

" On behalf of the Board, I thank Chuck for his contribution to the Company, and wish him every success for the future.

I am delighted that Ken has agreed to join the Board of Block. His extensive international experience will significantly benefit many aspects of the business, particularly drilling operations, asset management and business development. In addition to Ken having been through the Company's recruitment process, I have no doubt of the tremendous contribution he can bring and the benefits that will come from that for the Company and all shareholders."


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