Circle Oil Plc, the international oil and gas exploration, development and production company, is pleased to announce the following update regarding the Al Amir SE Field (''AASE'') and the Geyad field.

Circle Oil Plc, the international oil and gas exploration, development and production company, is pleased to announce the following update regarding the Al Amir SE Field Water Injection project and the Geyad-4 well (formerly Geyad-D) in the Geyad field.

Circle Oil announced the 2011 update to Ultimate Recoverable Resources (''URR'')1 for the NW Gemsa Concession, Egypt, and the Sebou Permit, Morocco, which indicates a significant increase over the 2010 URR estimates for both permits.

Sea Dragon acquired 10% from the share of Al Amir Petroleum Company's concession in the Red Sea.

Sea Dragon Energy Inc. provided the following update on its operations in Egypt in both NW Gemsa and Kom Ombo concessions.

Sea Dragon Energy Inc. provided the following update on its Operations in Egypt in Kom Ombo and NW Gemsa concessions