shares in block energy plc rose monday after the company said testing on well jkt01z in georgia has commenced and delivered strong results noting that rapid monetization of the gas production will be achieved the georgiafocused energy company said that at current crude oil and gas prices as well as a production rate of 344 barrels of oil per day the well is forecast to deliver nearly 500000 in additional monthly cashflow to the group the success at jkt01z enhances the companys confidence in its ability to further optimize drilling within the field through a combination of highresolution reservoir imaging reservoir production modeling and horizontal directional drilling technologies the londonlisted company said shares at 0815 gmt were up 028 pence or 20 at 168 pence