COP Circle Oil

 

TIDMCOP 
 
RNS Number : 6224U 
Circle Oil PLC 
26 June 2009 
 
 
 
 
 
 
 
 
26 June 2009 
 
 
CIRCLE OIL PLC 
("Circle" or the "Company") 
 
 
Posting of Annual Report and Accounts 
 
 
Circle Oil plc (AIM: COP), the international oil and gas exploration, 
development and production company announces that it has today posted its Annual 
Report and Accounts for the financial year ended 31 December 2008 to its 
shareholders and that they are also available for download from the Company's 
website, www.circleoil.net. 
 
 
 
 
For further information contact: 
 
 
Circle Oil plc (+44 20 7638 9571) 
David Hough, CEO 
 
 
Collins Stewart Europe Limited (+44 20 7523 8350) 
Adrian Hadden / Adam Cowen 
 
 
Fox-Davies Capital (+44 20 7936 5230) 
Daniel Fox-Davies 
 
 
Citigate Dewe Rogerson (+44 20 7638 9571) 
Martin Jackson / George Cazenove 
 
 
 
 
  Notes to Editors: 
 
 
Circle Oil plc 
 
 
Circle Oil plc (AIM: COP) is an international oil & gas exploration and 
production Company with an expanding portfolio of assets in Morocco, Tunisia, 
Oman, Egypt and Namibia with a combination of low-risk near-term production and 
significant exploration upside potential. The Company listed on AIM in October 
2004. 
 
 
Internationally, the Company has continued to expand its portfolio over the past 
2 years and now has assets in the Rharb Basin, Morocco; the Ras Mamour Permit in 
southern Tunisia; the Mahdia Permit offshore Tunisia; the Grombalia Permit in 
northern Tunisia; the Zeit Bay area of Egypt and the Owambo Basin, Namibia. 
Circle also has the largest licence holding of any Company in Oman. In addition 
to its highly prospective Block 52 offshore, the Company also has an ongoing 
exploration program in Block 49 onshore. 
 
 
The Company's strategy is to locate and secure additional licenses in 
prospective hydrocarbon provinces and through targeted investment programmes, 
monetise the value in those assets for the benefit of shareholders. This could 
be achieved through farm-outs to selected partners who would then invest in and 
continue the development of the asset into production, or Circle may itself opt 
to use its own expertise to appraise reserves and bring assets into production, 
generating sustained cash flow for further investment. 
 
 
Further information on Circle Oil is available on its website at 
www.circleoil.net 
 
 
This information is provided by RNS, the company news service from the London 
Stock Exchange 
 
 
 
 
 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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