{"id":19077,"date":"2025-12-09T10:04:37","date_gmt":"2025-12-09T02:04:37","guid":{"rendered":"https:\/\/www.classic-ap.com\/?p=19077"},"modified":"2025-12-09T10:04:39","modified_gmt":"2025-12-09T02:04:39","slug":"block-energy-outlines-project-iii-farm-out-plan-in-georgia","status":"publish","type":"post","link":"https:\/\/www.classic-ap.com\/en\/industry-news-en\/block-energy-outlines-project-iii-farm-out-plan-in-georgia.html","title":{"rendered":"Block Energy outlines Project III farm-out plan in Georgia"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"780\" height=\"470\" src=\"https:\/\/www.classic-ap.com\/wp-content\/uploads\/2025\/12\/01-1.jpeg\" alt=\"\" class=\"wp-image-19078\" srcset=\"https:\/\/www.classic-ap.com\/wp-content\/uploads\/2025\/12\/01-1.jpeg 780w, https:\/\/www.classic-ap.com\/wp-content\/uploads\/2025\/12\/01-1-300x181.jpeg 300w, https:\/\/www.classic-ap.com\/wp-content\/uploads\/2025\/12\/01-1-768x463.jpeg 768w, https:\/\/www.classic-ap.com\/wp-content\/uploads\/2025\/12\/01-1-600x362.jpeg 600w\" sizes=\"auto, (max-width: 780px) 100vw, 780px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>Block Energy received a non-binding farm-in offer from a major energy company that would carry a full appraisal program across the Patardzueli\u2013Samgori area of Project III in Georgia. The proposal follows extended technical work between the companies and outlines a multi-well sequence of re-tests, sidetracks and reservoir data acquisition.<br>The appraisal scope includes three historical well re-tests (two targeting the Lower Eocene and one the Upper Cretaceous) along with two highly-inclined sidetracks aimed at the Lower Eocene reservoir. Plans also call for data-gathering and well-testing operations to refine the development model.<br>In parallel with the appraisal work, the offer includes support for early-stage development through the construction and hook-up of an initial production facility. The project framework also covers additional assets within Project III, including the Rustavi and Teleti fields and the South Dome exploration prospect.\uff082025-12-09\uff09<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Block Energy received a non-binding farm-in offer from a major energy company that would carry a full appraisal program across the Patardzueli\u2013Samgori area of Project III in Georgia. The proposal follows extended technical work between the companies and outlines a multi-well sequence of re-tests, sidetracks and reservoir data acquisition.The appraisal scope includes three historical well [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[40],"tags":[],"class_list":["post-19077","post","type-post","status-publish","format-standard","hentry","category-industry-news-en"],"_links":{"self":[{"href":"https:\/\/www.classic-ap.com\/en\/wp-json\/wp\/v2\/posts\/19077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.classic-ap.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.classic-ap.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.classic-ap.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.classic-ap.com\/en\/wp-json\/wp\/v2\/comments?post=19077"}],"version-history":[{"count":1,"href":"https:\/\/www.classic-ap.com\/en\/wp-json\/wp\/v2\/posts\/19077\/revisions"}],"predecessor-version":[{"id":19080,"href":"https:\/\/www.classic-ap.com\/en\/wp-json\/wp\/v2\/posts\/19077\/revisions\/19080"}],"wp:attachment":[{"href":"https:\/\/www.classic-ap.com\/en\/wp-json\/wp\/v2\/media?parent=19077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.classic-ap.com\/en\/wp-json\/wp\/v2\/categories?post=19077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.classic-ap.com\/en\/wp-json\/wp\/v2\/tags?post=19077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}