Block Energy plc, the development and production company focused on Georgia, is pleased to announce the spud of KRT-39ST.
As announced on the 12th August 2025, KRT-39ST is being drilled as a pilot of the new 'slim hole' technology, which sees the well being drilled and completed for approximately 40% of the cost of Block's previous 'conventional' sidetracks.
Should the pilot be successful, the technology has scope for application on both Project I and Project II.