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Tag: Circle Oil plc

Circle Oil offers its stake in North West Gemsa field for sale

Posted: May 21, 2016 at 7:10 pm   /   Oil & Gas

Circle Oil Plc, the Irish incorporated oil and gas exploration, development and production company, is looking to sell its 40% stake in North West Gemsa field. The concessions are operated by a joint production company PetroAmir, whose partners include: EGPC, Zhen Hua (NPIC – 50% working interest and operator); Circle Oil Egypt Limited (40% working […]

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Circle Oil releases Strategic Review Update

Posted: May 20, 2016 at 7:39 pm   /   Oil & Gas

Further to the announcement of 15 March 2016, Circle Oil plc, the international oil and gas exploration, development and production company, provides an update on the Strategic Review Process. To date the Company has received a number of indicative proposals, which are in the process of being evaluated, and is working to conclude the Strategic […]

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Circle Oil completes infill drilling campaign on North West Gemsa field

Posted: May 17, 2016 at 12:59 pm   /   Oil & Gas

Circle Oil plc, the international oil and gas exploration, development and production company announces that the 2016 infill drilling campaign on the North West Gemsa field (Circle Oil 40%, NPIC 50%, SDX 10%) has been completed. The second of the two production wells, AASE-24 has been drilled to TD, completed and tied in to the […]

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