Acquisitions and Divestitures News in Georgia

AD Ports Group Completes Tbilisi Dry Port Acquisition to Become Majority Owner
8/15/2024 - AD Ports Group, a leading facilitator of global trade, logistics, and industry, announced the completion of the acquisition process of the Tbilisi Dry Port, which sees the Group become the majority ow...
Pacesetter Selects Flack Global Metals for Strategic Investment
6/18/2024 - Pacesetter Steel Service (Pacesetter) and Flack Global Metals (FGM), two of the premier metals distribution and service center platforms, announced today that they have reached an agreement pursuant t...
Beazer Homes Acquires 174 Acres in Marietta, Georgia
5/1/2024 - Beazer Homes today announced the acquisition of a 174-acre property in Marietta, Ga. which will be home to its newest community, GreenHouse. The community will offer 591 homes south of Barrett Parkway...
AD Ports Group acquires majority stake in Tbilisi Dry Port
3/22/2024 - AD Ports Group, a leading facilitator of global trade, logistics, and industry, announced the signing of a purchase agreement with Inveco LLC to acquire 60% ownership in the Tbilisi Dry Port, a new cu...
Block Energy Announces Project III Farm-Out Process Commences
2/12/2024 - Block Energy plc, the development and production company focused on Georgia, is pleased to announce it has launched the farm-out process for Project III, targeting the development of a gas resource of...
Pacolet Milliken Acquires Piedmont Green Power
1/9/2024 - Pacolet Milliken, LLC ("Pacolet"), a sustainability-focused, family-owned investment firm, announced today it has acquired 100% of Piedmont Green Power ("Piedmont") from an affiliate of Atlantic Power...
Block Energy Provides Corporate Update and Project III Farm Out Process
12/22/2023 - Block Energy plc, the development and production company focused on Georgia, is pleased to provide the following corporate update.

Background
The Company's four-part project strategy...
NAC International Acquires Assets of Niagara Energy Products
6/19/2023 - NAC International Inc. (NAC) announced today that it has established a Canadian Subsidiary, Niagara Energy Products Inc. (NEP Inc.) and that NEP Inc. has acquired substantially all of the assets of Ni...
Block Energy Completes Farm-Out Agreement
3/9/2023 - Block Energy plc, the exploration and production company focused on Georgia, announces completion of the farm-out of part of licence XIB to Georgia Oil and Gas Limited ("GOG").

As announce...
Block Energy Announces Farmout Agreement
12/12/2022 - Block Energy plc, the exploration and production company focused on Georgia, is pleased to announce that binding documentation has been entered into with Georgia Oil and Gas Limited ("GOGL") with resp...
IMTT Announces Sale of Savannah, Georgia Terminals
11/1/2022 - International-Matex Tank Terminals (IMTT) announced that it has closed on the sale of the company’s two Savannah, Georgia terminals to Colonial Group, Inc. in a cash transaction for an undisclosed amo...
CleanSpark Completes Acquisition of Recently Announced 86MW Facility in Georgia
8/19/2022 - CleanSpark, Inc., America’s Bitcoin Miner™, announced it has closed on the acquisition of an active bitcoin mining facility located in Washington, Georgia. The site is expected to add 2.6 EH/s to Clea...
CleanSpark Acquires Second Data Center to Increase Bitcoin Mining Capacity
8/10/2021 - CleanSpark, Inc., a clean Bitcoin mining and diversified software and services company, has closed on its acquisition of an additional nearly 87,000 square foot data center in Norcross, Georgia , to s...
OMV Petrom Wins Block Offshore II in Georgia
6/29/2020 - OMV Petrom, the largest energy company in South-Eastern Europe, is pleased to confirm that it has been selected as the winner of the open international tender held by the Ministry of Economy and Susta...
Block Energy Acquires 2 Adjacent Blocks from Schlumberger
3/26/2020 - Block Energy Plc has entered into a sale and purchase agreement ("SPA") with Schlumberger B.V. to acquire its subsidiary Schlumberger Rustaveli Company Limited ("SRCL")("the Acquisition"). Of the thre...
Block Energy Moves to 100% Working Interest in West Rustavi Field
7/15/2019 - Block Energy Plc (Block) is pleased to announce it has increased its working interest (WI) in the West Rustavi licence (West Rustavi) from 71.5% to 100%, further to an agreement ('the Agreement') reac...
Block Energy’s Agreement to Acquire 100% Interest in West Rustavi Field
2/26/2019 - Block Energy Plc, the exploration and production company focused on the Republic of Georgia, is pleased to announce it has secured an agreement ('the Agreement') with Georgian Oil and Gas Limited ('GO...
Frontera in Discussions Regarding Possible Block 12 Farm out
9/3/2018 - AIM-listed Frontera Resources has provided the following update regarding its operations in Georgia. The Company has announced that it has entered into Non-Disclosure and Data Exchange Agreements with...
Block Energy Announces Update on West Rustavi Licence in Georgia
8/28/2018 - Block Energy Plc, the exploration and production company focused on the Republic of Georgia, is pleased to announce that the Production Sharing Contract ('PSC') terms for its West Rustavi licence ('We...
Goldcrest Resources Acquires Georgian Oil and Gas Assets
4/11/2017 - Goldcrest Resources plc, has agreed terms to acquire a 100% interest in the producing Norio onshore oil field Production Sharing Agreement (PSA) and an option to form a farm-in agreement to acquire a ...

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