Circle Oil | Egypt Oil & Gas
SDX Energy to Buy Circle Oil’s Assets
SDX Energy entered into non-binding heads of terms (HoT) with Circle Oil Company for the attainment of Circle Oil’s assets in Egypt and Morocco. The HoT has a 30 day exclusivity period, according to a statement publis...
Cycle Oil Completed Morocco’s Pipeline Repairs
Circle Oil, an international oil and gas exploration and production company, declared the completion of repairs to its gas pipeline in Morocco, reported Oil Voice. Office National des Hydrocarbures et des Mines (ONHYM...
Qatar Purchases Stake in Morocco Offhore Contracts
The Qatari state oil company, Qatar Petroleum, has reached a deal with Chevron to acquire 30% of its stake in offshore drilling areas in Morocco. Chevron will hold onto a 45% interest in the offshore leases, while Mor...
Morocco Reports High Success Rate in Search of Gas
Morocco’s Office of Hydrocarbons and Mining (ONHYM) announced that the drilling program at the Gharb-Chrarda-Beni Hssen region has been successful, with 19 out of 22 wells drilled testing positive for natural gas, Mor...
Circle Oil Attributes its Substantial Loss to Operations in Egypt, Oman
Circle Oil said it swung to a substantial pretax loss in 2014 after it booked impairments and write-offs related to its operations in Oman and Egypt and the fall in oil prices. he U.K.-listed oil and gas explorer, whi...
Circle Oil receives $15 Million Payment from Egyptian Government
Oil and gas explorer Circle Oil said on Friday it had received a $15 million payment from the Egyptian government as part of Egypt’s plan to pay off debts owed to energy companies operating in the north African ... Circle Oil plans to drill 12 wells
Circle Oil Plc the international oil and gas exploration, development and production company, is pleased to announce the following update regarding its operations and forthcoming work programmes for 2013 in its operat... Circle Oil secures $12.5m to fund operations in Egypt
Circle Oil Plc (AIM: COP), the Middle East and Africa focused oil and gas exploration, development and production company, is pleased to announce that it has agreed a US$12.5 million (the “Principal Sum”) ... 
