Circle Oil plc provided an operational update on its activities in Egypt

• Monday, 29th November 2010
• by Egypt Oil & Gas

In Egypt the exploration/appraisal well Al Ola-1X reached TD at 14,323ft in the Lower Rudeis, following drilling through the Kareem Formation. Log analysis has shown both sand units of the Kareem Formation to be oil b...

Circle Oil says Egyptian well oil bearing

• Monday, 13th September 2010
• by Egypt Oil & Gas

Oil and gas explorer Circle Oil Plc said its Egyptian well Al Ola-1X was oil bearing with no sign of oil-water contact (OWC). The company, which has assets in Morocco, Namibia, Oman, Egypt and Tunisia, also said its s...