Operations in Namibia, Oman and Panama - 500 Beiträge pro Seite

[Ramses2I]

LONDON (AFX) - Circle Oil PLC said it is looking for opportunities to expand in the Middle East as its current operations in Namibia, Oman and Panama move forward.

The company said it is currently focusing on exploration and development opportunities available in the Middle East and is assessing a number of potential acquisitions in the region.

In Namibia, the company has converted the reconnaissance licence it acquired in March 2004 into an initial 4-year exploration licence covering 140,000 square kilometres, the remainder of the original licence having been relinquished because it encompassed the Etosha National Game Reserve.

The company said the period of exclusivity for drilling and testing at the site granted to China Shine H F under the terms of the farm-in agreement the two companies signed last January has now expired.

Circle Oil said although it is continuing discussions with China Shine over the work, it is also now talking to other potential partners.

Referring to two blocks it operates in Oman, Circle said it will commence an aerogravity/aeromagnetic survey on onshore Block 49 within 2 months, and that bids have been received for seismic studies on offshore Block 52.

The company said its prospecting permit in Panama has already shown the existence of hydrocarbon sources enhancing the prospectivity of the block. It is now in talks with another oil company under which it will give up a stake in the block in return for sharing the cost of its development.

Meanwhile the company has also appointed Brendan McMorrow FCCA as its chief financial officer, with immediate effect.

[Ramses2I]

03 February 2006: Operating Update

CIRCLE OIL PLC
(“Circle” or the “Company”)

Circle Oil plc (AIM: COP), the oil & gas exploration and development group, today issues this Operating Update. The Operating Update is in advance of the Company’s Preliminary Results for the year ended 31 December 2005, which are expected to be released in May 2006. The information contained herein has not been audited and is subject to further review.

Namibia

Circle’s reconnaissance licence in Namibia, originally acquired in March 2004, has been converted into an exploration licence. This new exploration licence covers
an area of 140,000 square kilometres, the remainder of the original licence having been relinquished because it encompassed the Etosha National Game Reserve. The
terms of the new licence include a commitment to acquire seismic and to drill a well over a 4 year period after which the licence can be extended. The Company is about to open a local office in Namibia and will begin work on the ground later this quarter.

Discussions with China Shine in regard to the farmout agreement signed on 22 January 2005 continue, although the period of exclusivity granted to China Shine ended in September 2005. Circle has begun discussions with other industry partners who have expressed interest in this large exploration area. Negotiations have commenced with seismic contractors to conduct 2D seismic surveys over a number of targets in the area. The Environmental Impact Study contract has been awarded to a local contractor
and this contract will commence within the next month.

Oman

During 2005, Circle signed Exploration and Production Sharing Agreements (“EPSA”) covering two significant licences in Oman. The onshore Block 49 licence and offshore Block 52 licence cover a combined 115,000
square kilometres, make Circle one of Oman’s largest
licence holders by area. An Environmental Impact Study
of Block 49 will begin shortly while an extensive seismic survey of Block 52 is being prepared. The licences are managed out of the Circle’s Houston office, however, the Company has recruited a country manager and is opening an office in Muscat. Circle will commence the aerogravity/aeromagnetic survey on Block 49 within 2 months and bids have been received for the offshore seismic studies on Block 52 from a number of contractors.

Panama

In late November 2005, Circle was granted a prospecting permit over Block A in the south-western Caribbean covering 30,000 square kilometres in the Panamanian waters of the Colombia Basin, one of the major basins in the Caribbean Plate. There is already evidence in the area to suggest the existence of hydrocarbon sources which enhances the prospectivity of the block. The Company is currently gathering all existing data available on the area and a number of seismic lines are being reprocessed and reinterpreted using the latest technology.

Circle has entered into discussions with another oil company with a view to an agreement whereby the Company, in return for a reduced equity stake in the block, will recover its historic costs and future costs will be
shared pro-rata for the proposed exploration programme.

Other areas

Circle is currently focussing on exploration and development opportunities available in the Middle East and is assessing a number of potential acquisitions in the region.

Financial

Having raised £10 million in August 2005 the net cash position at the year end was approximately US$17.2 million which the Company considers to be sufficient to cover its ongoing expenditure requirements and obligations.

Appointment of Chief Financial Officer

The Board is pleased to announce the appointment of Mr. Brendan McMorrow FCCA as its Chief Financial Officer with immediate effect. Mr. McMorrow has been involved in all financial aspects of publicly quoted companies in Ireland, UK and North America. He brings a significant level of knowledge and experience to Circle in the areas of fund raising, project financing and financial and stock exchange reporting. Prior to joining Circle he was Chief Financial Officer of Ivernia Inc, a Toronto based international base-metals mining and exploration company.

David Hough, Chief Executive of Circle, said:

“I am pleased with Circle’s progress during a year in which we have become established in some highly prospective hydrocarbon regions. The year ahead also looks promising, with a number of exciting opportunities emerging, in particular from the Middle East.”

[Ramses2I]

Board of Directors

Thomas Anderson MBA, Non-executive Chairman

Mr. Anderson has over twenty five years’ direct executive experience involved in running a private group in the leisure, entertainment, advertising, forestry and property development business in Ireland. He has focused on risk management, corporate finance and portfolio diversification. After graduating in Commerce and Economics he subsequently completed a Master of Business Administration degree at University College Dublin. He joined Circle as non-executive chairman in April 2004.

David Joseph Hough, Chief Executive Officer

Mr. Hough, a co-founder of the Company in 2003, is an explorationist with over thirty years’ experience. He
was Chief Executive of Ivernia West, Inc. from 1988 to 2003. In 1990, his team discovered the Lisheen zinc lead mine, the sixth largest in world, which was developed with partner Anglo American at a cost of US$350 million, achieving its first production in 1999. David is practiced in management and financing in the natural resource sectors of the London, Toronto and Dublin Stock Exchanges.

Michael John Keyes, Chief Operating Officer of FAOC

Mr. Keyes is an explorationist with thirty years’ international oil and gas experience. He worked for Gulf Oil out of their exploration and production division in Houston and served in various international locations. He was involved with a number of successful exploration programmes, including discoveries in the Middle East, Indonesia and Ireland. Subsequently, he moved to Western Atlas International in 1985 as a Project Manager and then, in 1988, founded Frontier Resources International, Inc. At Western Atlas International, he acquired extensive exposure to the provision of management and business development services, together with the financing for independent company exploration projects in Ireland, Russia, Latin America and Africa.

Mr. Keyes co-founded Circle in 2003 and holds a masters degree in geophysics from the University of Tulsa.

John Philip McKeon, Business Development and Marketing Director

Mr. McKeon has spent over fifteen years in stock broking, corporate finance, property and project finance. He
has been a lead manager of private equity and institutional dealing teams successfully raising funds for several Official List, AIM and Irish and internationally listed companies. He has experience in international mergers & acquisitions, debt re-structuring and corporate advisory services and he recently acted as a principal in the European MBO of circa US$600 million European infrastructure assets, formerly part of Metro Media Fibre Networks Inc and the subsequent reverse take over by a listed Singaporean group.


Professor Chris Green, Non-executive Director

Professor Green (aged 56) is an explorationist and a qualified Geophysicist with over 30 years industry experience including 24 years at Shell, the oil major, where he held various senior positions leaving in 1998 as a Principal Geophysicist and a Global Shell Group Advisor. From 1998 to 2001 Professor Green was the Director of Strategic Development and Geosciences at Racal Electronics PLC, from 2001 to 2004 he was the Chief Technical Officer of Thales Geosolutions Group Ltd and from 1996 to 2004 he was Professor of Geophysics at the University of St Andrews, Scotland. Professor Green has a Bachelor of Science (London), a Masters of Science (Wales) and a Ph.D. from the University of Dundee. Professor Green was elected a Fellow of the Royal Geographical Society, a Fellow of the Geological Society, a Member of the Institute of Petroleum and the European Association of Exploration Geophysicists.

[Mr.Arbogast]

Technical Advisors

In addition Circle Oil Plc has access to a team of
internationally recognized technical advisors, detail of
which are set out below.

Dr Joseph E Warren

Dr Joseph E Warren has over 40 years` experience in the oil & gas industry, specializing in corporate management, economics, reservoir management, research and development and international operations. He previously worked for Gulf Oil Corporation and in 1963 was appointed General Superintendent of Reservoir Development for Kuwait Oil Company, later he headed Exploration and Production Research and then Process Research for Gulf. He served as Senior Vice President of Operations for Santa Fe International, Corp. and President of Santa Fe Minerals, Inc.

He returned to Gulf Oil as Technical Advisor to several of its operating companies until his retirement. Dr.Warren earned his Doctorate in Petroleum Engineering at Pennsylvania State University.

Robert W. Baldwin

Robert W. Baldwin has over 40 years` experience in the oil & gas industry, including exploration, production, refining, marketing and corporate management of both large and small companies. He worked for Gulf Oil Corporation form 1949 to 1982 serving as General Manager - Operations for Kuwait Oil Company Co; Executive Vice-President of Gulf Oil Latin America; President of Gulf Energy and Minerals and President/CEO of Gulf Refining and Marketing.

Subsequently he served as a Board member of Rowan Drilling Co, Cooper Industries, General Production Corporation, United Meridian Petroleum Corporation and is a former trustee of the University of Houston Foundation. He is a Director of Mitchell Energy and holds a BS. in Chemical Engineering from the University of Houston.

Herb Hamilton

Herb Hamilton has more than 30 years experience
in the oil and gas industry, specializing in engineering, construction, construction management and consulting on large scale projects, offshore platforms, sub marine pipelines and construction equipment in over 35 countries. After several years as a project manager with Brown and Root he co-founded the Netherlands Offshore Company
(NOC) in the Hague and served as executive
Vice-President and Director.

He later served as a management consultant to a number of major European offshore contractors and returned to the U.S as Vice-President of Raymond Offshore and later as Vice-president of XCL China Limited. At present he is acting as a senior management consultant to the offshore construction industry.

[Ramses2I]

Circle Oil eyes `promising` year



LONDON (ShareCast) - Oil & gas outfit Circle Oil issued an operational update today ahead of final figures and said the year ahead looks promising.

Chief executive David Hough said, "I am pleased with Circle`s progress during a year in which we have become established in some highly prospective hydrocarbon regions."

"The year ahead also looks promising, with a number of exciting opportunities emerging, in particular from the Middle East."

"Having raised £10m in August 2005 the net cash position at the year end was approximately $17.2m which the company considers to be sufficient to cover its ongoing expenditure requirements and obligations," he added.

Circle`s reconnaissance licence in Namibia, originally acquired in March 2004, has been converted into an exploration licence covering 140,000 square kilometers, the group said.

The company is about to open a local office in Namibia and will begin work on the ground later this quarter, while discussions with China Shine in regard to the farmout agreement signed on 22 January 2005 continue.

Circle has begun discussions with other industry partners who have expressed interest in the exploration area.

In Panama, the group`s prospecting permit over Block A in the south-western Caribbean covering 30,000 square kilometres is already showing evidence to suggest the existence of hydrocarbon sources which enhances the prospectivity of the block.

Circle has entered into discussions regarding possible agreements with another oil company that would involve it reducing its equity stake in the block in order to recover its historic costs with future costs shared.

It is currently focussing on exploration and development opportunities available in the Middle East and is assessing a number of potential acquisitions in the region, it said.

The group also announced the appointment of Brendan McMorrow as its chief financial officer with immediate effect.

Results for the year ended 31 December 2005 are expected to be released in May.

[Ramses2I]

Circle Oil PLC
16 February 2006


Circle Oil plc

Exercise of Options



16 February 2006

The Company today announces that it has issued 250,000 shares in its capital in
respect of the exercise of the following share options by a former director:


Date No of Shares Issued

16 /02/2006 250,000


Application will be made to the London Stock Exchange for the shares to be
traded on the AIM Market.


This information is provided by RNS
The company news service from the London Stock Exchange

[Ramses2I]

Notification of Interest

Circle Oil PLC
05 April 2006


Circle Oil Plc ("the Company")

Notification of Interest

05 April 2006


The Company was advised today by a letter dated 27 March 2006 that Cantor
Fitzgerald Europe, as of 24 March 2006, has an interest in and is the registered
holder of 8,365,000 ordinary shares in the Company. This represents 5.17% of
the issued share capital of the Company.






This information is provided by RNS
The company news service from the London Stock Exchange

[Invisible.Empire]

Antwort auf Beitrag Nr.: 21.142.391 von Ramses2I am 10.04.06 12:28:24

Cantor Fitzgerald Europe


Focus. Resiliency. Commitment. Those are the words that best define us. That best speak to our mission. That's why, after over 50 years as a recognized leader and expert in the specialized areas of equity and fixed income capital markets, Cantor Fitzgerald has emerged as a premier global financial services provider, offering an impressive array of financial products and services. The core values that have guided our firm through the toughest challenges are the same values that drive us in all that we do.

[Ramses2I]

Additional Listing

Circle Oil PLC
04 May 2006



Circle Oil plc (the "Company")

Exercise of Options

4th May 2006


The Company has today made application for a total of 200,000 ordinary shares of
€0.01 each ("New Shares") to be admitted to the Alternative Investment Market
("AIM") in connection with the exercise of share options by former executives.

Admission of the New Shares to AIM is expected to become effective at 8.00 am on
9th May 2006.




This information is provided by RNS
The company news service from the London Stock Exchange

[Ramses2I]

Circle Oil PLC
17 May 2006



Circle Oil Plc ("the Company")


Holdings(s) in Company


17 May 2006


The Company has been advised by a letter dated 16 May 2006 that Man Financial
Limited, as of 15 May 2006, are beneficial owners of 5,002,000 ordinary shares
in the Company. This represents 3.09% of the issued share capital of the
Company.


This information is provided by RNS
The company news service from the London Stock Exchange

[LaraSoft]

Circle Oil Signs Morocco Deal - Monday June 26, 2006

Circle Oil plc (AIM: COP), the oil and gas exploration and development group, announces that Circle Oil Maroc Ltd (COML), its wholly owned subsidiary, has signed a Petroleum Agreement covering the Exploration and Exploitation of Hydrocarbons with the Office National des Hydrocarbures et des Mines (ONHYM) for the Sebou Concession situated in the Rharb Basin, Morocco. The concession covers an area of over 269 square kilometres and is for a period of 8 years with the right of automatic conversion to a minimum (but extendable) 25 year exploitation period upon the discovery of commercially exploitable hydrocarbons. Under the terms of the agreement the percentage interest in the permit is COML 75% and ONHYM 25%. COML has agreed to carry out a 3D seismic survey to fully assess and rank the many prospects already identified in the area before commencing a 6 well drilling programme in 2007. This equates to the minimum work programme for the first 3 years of the permit.Commenting on the agreement David Hough, Chief Executive of Circle Oil, said: “This agreement is significant as it provides Circle with a low risk concession with the potential for low cost, fast track development and production. There is an existing local market with good demand for gas and an established pipeline network through the permit area. Success here will provide a long term continuing earnings contribution to the Company.”

Relevent Company(s) and News

[Ramses2I]

Antwort auf Beitrag Nr.: 22.274.649 von LaraSoft am 26.06.06 10:32:41

Mal schauen was es bringt...
habe ein gutes Sitzfleisch und kann warten!

[Mr.Arbogast]

27 June 2006



CIRCLE OIL PLC

(“Circle” or the “Company”)

CIRCLE OIL SIGNS JV AGREEMENT IN PANAMA


Circle Oil plc (AIM: COP), the oil and gas exploration and development group, is today pleased to announce that that it has signed a joint venture agreement with a private Australian company, Montage Petroleum Ltd, with regard to Circle’s offshore Panamanian license block.


Under the terms of the joint venture agreement Montage have taken a one third interest in the license and will contribute to all work programmes on the licence pro rata to their shareholding.


Circle Oil (Panama) S.A. is operator of the joint venture and is currently assimilating and reinterpreting all available information on the license block before commencing its Panama exploration programme later this year.


Commenting on the agreement David Hough, Chief Executive of Circle Oil, said:


“I am pleased to welcome Montage to our Panamanian operations as our partners. This promises to be an excellent opportunity for both companies and I look forward to updating shareholders with further progress in this project later in the year.”

[Mr.Arbogast]

Regulatory Announcement

Go to market news section

Company Circle Oil PLC
TIDM COP
Headline 2005 Financial Results
Released 13:19 29-Jun-06
Number 3881F



29 June 2006

Circle Oil plc

(the “Company”) and its subsidiaries (“Circle” or the “Group”)



Results for the Year ended 31 December 2005



a year of further progress and achievement





Highlights



Significant additions to licence portfolio in Oman and Panama


Acquisition of new licence in Rharb Basin in Northwestern Morocco


€14.4 Million (Stg £10 Million) institutional placing completed in August 2005.


Ongoing working capital requirements adequately funded


Work programmes on schedule in Namibia, Oman and Panama


Substantial progress made in seeking out new additional licences and projects




Mr Thomas Anderson, Chairman of Circle Oil, said:



“With the reassessment work on our existing holdings showing some very encouraging results, our work programmes underway and a number of new deals signed or under negotiation, I am looking forward to an exciting period for Circle over the next 12 to 18 months. As the Company develops a balanced portfolio of international exploration assets I know that our team is fully focused on the end game, namely getting joint venture partners into our large acreage blocks and production from one or more of our assets as soon as possible.”




Enquiries ([phone]):



Circle Oil plc

David Hough, CEO



Citigate Dewe Rogerson

Media enquiries: Martin Jackson/George Cazenove

Analyst enquiries: Nina Soon



Also www.circleoil.com


CHAIRMAN’S STATEMENT


I am pleased to report a year of further progress and achievement in 2005 and I can confirm that this has continued into 2006 with the signing of an agreement on an exciting new gas play in Morocco and the current status of negotiations on a number of prospects in several countries in the Middle East and North Africa.



In Oman, Circle was awarded Block 49 in June 2005 and Block 52 in September 2005. Circle was awarded its offshore Panama Block in late August 2005. A substantial amount of work has been carried out by our Houston-based technical team reprocessing and reassessing the available data on our Namibia, Oman and Panama holdings. So far the results of these studies have been very encouraging and have given us a greater understanding of the potential for each of these licences. Importantly, it has given direction and focus to the 2006 work programmes which are now underway.



Over the past eight months, Circle’s acquisition programme has focused primarily on the Middle East and North Africa and has resulted in the recent award of a very interesting concession in the Rharb Basin, northwestern Morocco. Historically, exploration there has demonstrated the ability to find and produce significant amounts of hydrocarbons in the form of methane. This gas occurs in defined prospects which are numerous but small in size.



They are, however, economically attractive as they occur at shallow depths (less than 1,500 metres) and there is a nearby gas pipeline network and a local market for the gas. Initially, Circle will carry out a detailed seismic study over the area which will be followed by a drilling programme.



In Namibia, an environmental impact study was awarded to a local company and has begun over the area of initial interest. This will be followed by a seismic survey next year. Despite much correspondence between the parties, China Shine failed to demonstrate to Circle, before the proposed agreement with it on our Namibian licences expired in September 2005, that China Shine had the technical and financial capability to deliver on the terms of the agreement. However, a number of potential partners, including some major oil companies, are currently studying our Namibian and other portfolios with a view to participating with us in our exploration activities, which is in line with Circle’s stated strategy.



In Oman, preparations are underway for an aerogravity and aeromagnetic survey over a large area of Block 49 to be followed by a seismic survey next year. In addition, a 6,000 km seismic survey of Block 52 has been awarded to TGS Nopec which will commence in the autumn.



We are contemplating the acquisition of some regional seismic data in the Panamanian area later this year and are currently checking out the availability of a suitable ship. A participating agreement has been signed on our Panamanian licence with an Australian company Montage Petroleum Limited. Montage has taken a one third share in the licence and will contribute to future exploration programmes in proportion to its interest in the licence.



Having completed the studies on our Celtic Sea acreage we concluded that the drilling of a well could not be justified at this time and the licence was surrendered.



As you are aware, in August 2005, Circle raised Stg £10 million gross in a placing of new shares.

This has resulted in the Company having approximately US $17.5 million in its treasury at the end of May 2006 which is sufficient to cover its ongoing expenditure requirements and obligations.



I would like to take this opportunity to welcome three new members to Circle’s team: Professor Chris Green to the Board, Brendan McMorrow to the position of Chief Financial Officer and Company Secretary and Dr. Bob LoPiccolo as Vice President Exploration. I have no doubt that the depth of knowledge and experience of each of these individuals in all aspects of natural resources exploration and development will contribute significantly to Circle’s future.



With the reassessment work on our existing holdings showing some very encouraging results, our work programmes underway and a number of new deals signed or under negotiation, I am looking forward to an exciting period for Circle over the next 12 to 18 months. As the Company develops a balanced portfolio of international exploration assets I know that our team is fully focused on the end game, namely getting joint venture partners into our large acreage blocks and production from one or more of our assets as soon as possible.





Thomas Anderson,

Chairman




OPERATIONS REVIEW


NAMIBIA



Circle has converted its two-year reconnaissance license in the Owambo Basin into a four-year exclusive Exploration Licence. During the first phase the licence requires a seismic data acquisition and a one-well drilling program. Two additional extensions, each of two years, are optional and require the drilling of an additional well during each extension.



The block occupies an area of approximately 140,000 square kilometres and covers nearly all of the prospective part of the Owambo Basin in northern Namibia. In 2004 Circle’s subsidiary, First African Oil Corporation, completed its first operations in the area by acquiring some 7,627 kilometres of aerogravity and aeromagnetic data in the central and western portions of the block. This data has been interpreted and is being used to help plan the upcoming seismic programme.



From the historical and new data interpretation two main play types have been identified. Both involve thrombolitic or stromatolitic (algal) sources and reservoirs of late Proterozoic to early Cambrian age. The first play type involves several large, gentle structures. One well, on a poorly defined structure in the Etosha National Park, has tested the objective interval and a minimal amount of oil was recovered. Chemical analyses relate it to the Proterozoic thereby confirming the play concept.



A second play type defines a number of potentially large algal mounds or carbonate banks within the prospective interval. These are often associated with structural elements in the basement and are seen as analogous to reefal type buildups seen outcropping in the nearby Nama Basin.



Having completed a large portion of the historical seismic reinterpretation and incorporating the results of the new aerogravity/aeromagnetic survey, tender documents are being prepared to carry out a dual-purpose 2D seismic programme in the spring of 2007. This programme will be used to firm up two drillable prospects and detail a number of other leads.



In agreement with our partner NAMCOR, and for environmental reasons, Circle did not convert that section of the concession that encompasses the Etosha National Park, one of the finest game parks in Africa. The company has recently commenced an Environmental Impact Assessment of the area to be covered by the new seismic programme. This survey is being undertaken by a local Namibian company.



SULTANATE OF OMAN



Circle has two concessions in the Sultanate of Oman. The first, Block 49, is located in the southwestern border area with Saudi Arabia while the Company’s Block 52, lies offshore from the south and southeastern coasts.



Onshore Block 49



An Exploration and Production Sharing Agreement between the Sultanate of Oman and Circle Oil Oman Ltd. on Block 49 was negotiated and signed in June 2005. The agreement calls for three years of seismic and potential-fields data acquisition and analysis, followed by two, optional extensions, of eighteen months each, which would involve further data acquisition as well as drilling campaigns.



The block occupies an area of 15,438 sq. km and is located in the Rub Al Khali Basin. Circle has done a full inventory of all historic data on the area and has transferred a considerable portion of the 11,438 km of seismic and 18,047 km of aeromagnetics to Houston for reinterpretation. This work began late last year and is ongoing.



To date, two main play concepts are being pursued: the Sahmah play and the Lower Haima/Huqf play. The Sahmah play in the Rub Al Khali Basin in Saudi Arabia has been a major provider of hydrocarbons for many years and the Company is hopeful that this play extends into the north of Block 49.



Several billion barrels of oil have been discovered in Proterozoic/Cambrian reservoirs associated with the Ara Salt in the South Oman Salt Basin to the southeast of the block. There is evidence of the presence of a similar salt basin beneath the western part of Block 49. This new salt basin has been named the Ghudun Salt Basin and the exploration program for Block 49 has the two-fold objective of confirming the extent of salt and delineating likely targets for drilling.



An aerogravity/magnetic programme over a portion of the area has been awarded to Fugro and it will be flown this summer. Data from this survey will help define the extent of the Ghudun Salt Basin in the Block. The company may conduct a magneto-telluric profiling survey through parts of the block as an additional confirmatory measure of salt presence and thickness. In the autumn an Environmental Impact Assessment will be completed to be followed by a 2D, seismic acquisition programme.



Offshore Block 52



An Exploration and Production Sharing Agreement between the Sultanate of Oman and Circle Oil Oman Offshore Ltd. on Block 52 was negotiated and signed in September 2005. This agreement calls for seismic data acquisition and analysis during the first three years. Two optional extensions of three years each will involve further seismic data acquisition as well as drilling campaigns.



The block occupies an area of 90,760 square kilometres with water depths ranging from 200 to 3,500 meters. Copies of the 10,540 km of previously acquired 2D, seismic data have been obtained, along with the associated gravity and magnetic data. Three wells have been drilled prior to the granting of the licence to Circle.



A satellite-based seep study was commissioned last year as well as an analysis of existing gravity and magnetic data; the results of these studies and our ongoing reinterpretation indicate three different exploration opportunities may exist within the block. Existing gravity, magnetic, and seismic data are being interpreted. Circle will carry out a marine seismic survey this Autumn. The Company has already tendered this survey and the contract has been awarded to TGS-Nopec.



The three play areas are:



1) an inboard basin, which is the southwestern extension of the Messiah Trough, has seen most of the seismic activity and all of the drilling. The basin appears to be at least Tertiary and possibly older in age; two of the wells confirm that the basement highs have been stripped of pre-Jurassic sediments, while the third well and the seismic suggest that the potentially prolific Huff sequence may be preserved off the highs.



2) a trusted amphibolites (oceanic crust) has been emplaced along part of the shelf and the possibility is good that large structures, again with the Huff sequence preserved, may be present beneath the amphibolites.



3) a large, deep Tertiary Basin in the western half of the block. Current seismic control demonstrates the presence of mini-basins which probably received deep water sediments delivered through submarine canyons. This unexplored basin was created by the rifting which opened the Gulf of Aden; the sediment would have been derived from the granitic and Paleozoic rocks exposed along the coasts of Oman and Yemen.



PANAMA



On August 29, 2005 Circle was granted a Geological, Geochemical, and Geophysical Prospecting Permit on Block A in the deep water Caribbean, offshore Panama. The block is comprised of some three million acres and lies in water depths ranging from 500 to 3,000 meters. The company has obtained and is evaluating existing data. Circle may carry out a short regional seismic survey there later this year depending on the availability of a suitable seismic survey ship in the area.



The block is located at an interesting juncture where the deformed, accretionary prism on the north side of Panama overlaps the edges of the Costa Rica and Magdalena submarine fans. To date there have been no wells drilled in the area and only a limited amount of seismic data is available. Seeps, gas hydrates, and mud volcanoes all suggest the presence of an active petroleum system. This location may have the potential to combine good reservoir rocks with large structures and mature source rocks.



A participation agreement has been signed with Montage Petroleum Limited, a private Australian company with offices in London and the USA. Montage’s directors have a history of success in offshore oil exploration in projects similar to the Panama property. Montage has taken a one third interest in the licence and will contribute to future exploration programmes pro rata to its participating interest. Montage intends to seek a listing on the Australian Stock Exchange later this year.



MOROCCO



Circle Oil Maroc Ltd (COML), a wholly owned subsidiary of Circle Oil plc, has signed an Exploration and Exploitation Agreement with Office National des Hydrocarbures et des Mines (ONHYM) for the Sebou Concession (296 sq. km) situated in the Rharb Basin, Morocco. The Exploration Agreement is for a total period of eight years with the right of automatic conversion to a minimum (but extendable) 25 year exploitation period.



The Sebou Permit has previously been owned, explored and exploited by ONHYM. Under the agreement the percentage interest in the permit is COML 75% and ONHYM 25%. The permit is highly prospective and is located in a basin that has an historic natural gas production of almost 1 billion cubic metres of gas. 2D seismic and well calibration is available and ONHYM have extensive knowledge of the area. Small scale gas production within the Rharb is presently from four wells. COML as operator will be conducting a 3D seismic survey and drilling 6 wells over the next 3 year period.



The Rharb Basin is a foredeep Basin located in the external zone of the Rif Folded belt. Sedimentary evolution started with a thick series of Eocene and Oligocene turbidites in the north. Marine conditions in the Middle Miocene resulted in shaly to shaly-sand sedimentation overlain by the Prerif-nappe. During the early Tortonian era a series of turbiditic sand lenses were deposited and a subsequent rise in the sea level permitted the deposition of a very thick series of marls. Similar events occurred during the Late Tortonian, Messinian and Pliocene.



Exploration within the Rharb has concentrated on the Tertiary depositional system which contains commercial deposits of biogenic gas. These individual prospects are small in size but important and economically interesting. They are shallow and located generally between 500 and 1,500 metres. They are very inexpensive to drill and also, to hook up due to the presence of a local gas pipeline network. There is also a good market with increasing demand for the sale of the natural gas to local industry.



The agreement is important as it provides COML with a low risk concession with the concomitant potential of low cost, fast track development. Previous success rates in the Rharb basin have been in excess of 60%. The area generally has good charge and good natural drive and there are multiple prospects already identified within the permit. These will be fully assessed and ranked by the 3D seismic survey prior to commencing drilling in 2007. Prospects previously developed and ranked by ONHYM will also be included.



The permit has considerable potential for the exploration and development of more natural gas and exploitation would be by a series of low cost wells/producers each producing from 20-80 million cubic metres of gas. The produced gas will be sold to local industry at locally agreed commercial rates. If successful, the development will allow COML to achieve production in a relatively short time scale and provide a long term continuing earnings contribution to COML.






NOTES TO THE FINANCIAL STATEMENTS



Basis of preparation


The financial statements have been prepared in accordance with the historical cost convention, the relevant Statements of Recognised Practice for the oil and gas industry, other applicable accounting standards generally accepted in Ireland and Irish statute comprising the Companies Acts, 1963 to 2005 and the European Communities (Companies: Group Accounts) Regulations, 1992. Accounting standards generally accepted in Ireland in preparing financial statements giving a true and fair view are those published by the Institute of Chartered Accountants in Ireland and issued by the Accounting Standards Board.



The 2005 Annual Report will be available on the Company’s website (www.circleoil.com) on 30 June 2006 and will then be posted to shareholders.



CONSOLIDATION POLICY


The consolidated financial statements include the financial statements of the parent company and all of its subsidiaries made up to the end of the financial year.



BASIC AND DILUTED LOSS PER SHARE



The calculation of basic loss per share is based on the Group’s loss of €1,429,342 which is after taxation and on the weighted average number of equity shares in issue of 139,883,263. The effect of options granted is to increase the weighted average number of shares for the calculation of the diluted earnings per share by 11,554,110 to 151,437,373.



Dividends


The directors do not recommend the payment of a dividend in respect of the year ended 31 December 2005 (2004: €Nil).

[Ramses2I]

LONDON (AFX) - Circle Oil PLC, the oil and gas company, said it made a pretax loss of 1.43 mln eur in the year to December 31, 2005, compared with a loss of 1.21 mln eur in the nine months to December 31, 2004.

Chairman Thomas Anderson said the company's programmes in Namibia, Oman and Panama are on schedule, but that it had to surrender its licence for its Celtic Sea project after studies revealed that drilling could not be justified.

He added that Circle Oil had 17.5 mln usd in its treasury at the end of May 2006, which is sufficient to cover its working capital requirements.

[Ramses2I]

Mal schauen was dies für den Kurs bedeutet:


Circle Oil Plc (“the Company”)

Holdings(s) in Company

26 July 2006

The Company has been advised by a letter dated 25 July 2006 that Man Financial Limited (MFL), as of 24 July 2006, are beneficial owners of 6,499,500 ordinary shares in the Company. This represents 4.01% of the issued share capital of the Company.

END


Die werden sich doch hoffentlich sagen: kaufen wenn die aktie billig ist und verkaufen wenn sie teuer ist

[Ramses2I]

CIRCLE OIL PLC

(“Circle” or the “Company”)

Aerogravity & Aeromagnetic Survey Completed on Oman Block 49

Circle Oil plc (AIM: COP), the international oil and gas exploration and development group, is pleased to announce that Circle Oil Oman Ltd, its wholly-owned subsidiary and Fugro Aerosurveys, Johannasburg, S.A. have successfully completed a 4800 kilometer airborne survey of the gravity and magnetic fields over Block 49 in western Oman. The highly-accurate, Russian-made GT1-A gravimeter was utilized and the results of preliminary processing are very encouraging.

Block 49 is on the southern edge of the Rub al Khali Basin and on the eastern flank of the Ghudun Salt Basin. Circle has the exclusive right to explore for oil and gas on the 15,438 square-kilometer block.

Analysis of the gravity and magnetic data will be integrated with ongoing studies to facilitate the design of a 2D seismic survey, which depending on the availability of a suitable survey team, is scheduled to commence in early 2007. Preliminary analysis already indicates that the eastern edge of a postulated InfraCambrian salt basin, analogous to the nearby highly-oil productive South Oman Salt Basin, extends into Block 49.

Commenting on the survey, Dr. Bob LoPiccolo, Vice President Exploration for Circle Oil, said:

“The successful completion of this survey marks a significant first step in Circle’s aggressive exploration effort on its onshore Oman concession. The data fills a critical gap in our knowledge of the geometry of the Ghudun Basin and will be valuable to us in designing the forthcoming 2D seismic programme”

Circle also has active exploration programs in Block 52 offshore Oman, in the Owambo Basin, Namibia, in the Caribbean Sea, offshore Panama and in the Rharb Basin, Morocco.

[Mr.Arbogast]

CIRCLE OIL CONTRACTS WITH TGS-NOPEC TO CONDUCT OMAN MARINE SEISMIC SURVEY

Circle Oil plc (AIM: COP), the international, oil and gas exploration and development group, is pleased to announce that Circle Oil Oman Offshore Ltd, a wholly-owned subsidiary, has signed a contract with TGS-Nopec Geophysical Company (UK) Limited (“TGS”) to acquire 2D seismic data over Block 52, offshore Oman. The survey will include some 6000 kilometres of seismic data in addition to shipborne gravity data. TGS will acquire the data using the Russian research vessel, Akademik Lazarev, which is expected to arrive on site and begin the survey in mid-October. Circle has already completed an environmental impact study prior to commencement of the survey.


Block 52 is located off the southwestern coast of the Sultanate of Oman and extends some 600 kilometres northeast from the Yemeni border. The Block also extends offshore for up to 150 kilometres. Circle has the exclusive right to explore for oil and gas on this 90,760 square kilometre block.

The results of this survey will delineate prospective areas within a recently identified but, as yet, undrilled salt basin. It is anticipated that the sediments present in this basin will be prove to be of a similar age and origin to those in the prolific South Oman Salt Basin which lies onshore some 100 kilometres to the northwest.


Commenting on the upcoming survey, Mr. Jack Keyes, Chief Operating Officer for Circle Oil, said:


“This is a very important survey both for Circle Oil and the Sultanate of Oman. It will provide the cornerstone to an ambitious exploration program that could open up several new hydrocarbon plays.”

Circle has the largest licence holding of any company in Oman. In addition to Block 52, the company also has an ongoing exploration program in onshore Block 49. Worldwide, the company is active in exploration in the Owambo Basin, Namibia; in the Caribbean Sea, offshore Panama and in the Rharb Basin, Morocco.

[Ramses2I]

Circle Oil Plc (AIM: COP), the Irish oil & gas exploration and development group, is pleased to announce that the Petroleum Agreement signed by its wholly owned subsidiary Circle Oil Maroc Ltd (COML) covering the Exploration and Exploitation of the Sebou Concession situated in the Rharb Basin, Morocco has been duly ratified by the Ministry of Energy and Mines and the Ministry of Finance and Privatisation, a note of which has to be published in the Moroccan Official Bulletin.

ONHYM is conducting evaluation works on the shows in the surrounding area. A partnership relating to this area is underway.

Commenting on the agreement David Hough, Chief Executive of Circle Oil, said;

“The approval of this agreement and the partnership with ONHYM is significant for Circle Oil as the Rharb is known as an area with excellent potential for low risk drilling, low cost, fast track development and production.”

[Ramses2I]

CIRCLE OIL PLC

(“Circle” or the “Company”)

2006 Interim Results


FURTHER PROGRESS IN KEY AREAS


Circle Oil plc (AIM: COP), the international oil & gas exploration, development and production company with a growing portfolio of assets in Morocco, Namibia, Oman and Panama, today announced its Interim Results for the period to 30 June 2006.


Highlights



. Acquisition, reprocessing and reinterpreting of available data for each of Circle’s four existing licences in Oman, Namibia and Panama continues. Results to date give considerable encouragement in each of the areas.


· The award of Sebou, a small but significant licence in the Rharb Basin, Morocco, is Circle’s first success in its new evolving strategy of investing in more advanced projects. A low risk concession, Sebou, has potential for low cost, fast track development and production.


· Circle also signed an agreement with ONHYM to participate in a two well programme for the Sebou area which has since resulted in a gas discovery, initial interpretation of which indicates it to be typical of those in the Rharb. Testing is ongoing.

Mr Thomas Anderson, Chairman of Circle Oil, said:


“I am very pleased with the results of the compilation programme on Namibia, Oman and Panama and I’m confident that the aggressive exploration strategy being pursued on these areas will bear fruit.


I am however particularly delighted with the gas discovery currently being tested in the Sebou area, Morocco. This area is an ideal investment at this stage of Circle’s development as it potentially allows us to build up cash flow, on a long term basis, at a low entry cost whilst we still have the opportunity of bigger discoveries elsewhere.”


Enquiries ([phone]):


Circle Oil plc ([phone])

David Hough, CEO


Citigate Dewe Rogerson ([phone])

Media enquiries: Martin Jackson/George Cazenove

Analyst enquiries: Nina Soon

Also www.circleoil.com


Note to Editors

Circle Oil is an international oil and gas exploration company with existing licence operations in Oman, Namibia, Morocco and Panama. Its strategy is to locate and secure licences and through targeted investment programmes, monetise the value in those assets for the benefit of shareholders. This will be achieved through farm-outs to selected partners who can then invest in and continue the development of the asset into production. In low risk, near-term projects Circle may itself opt to use its own expertise to appraise reserves and bring assets into production, generating long term cash flow for further investment.

The company listed on AIM in October 2004.


CIRCLE OIL PLC

(“Circle” or the “Company”)


2006 INTERIM REPORT


CHAIRMAN’S STATEMENT


Dear Shareholder,


I am pleased to report that the period under review has been an interesting and productive one for Circle. Our focus has been twofold, firstly to advance our knowledge base on our existing portfolio and get these licences ready for an aggressive exploration programme and secondly to build on our later stage projects to give the Company more short term potential to balance our exploration portfolio.

The team has also been active in seeking joint venture partners in particular for our onshore Namibian and offshore Omani acreage. Presentations have been made to a substantial number of companies in this regard and this work is ongoing. We expect that these discussions will be concluded in the coming months.


OPERATIONS

Regarding our existing licences in onshore and offshore Oman, Namibia and Panama, the Company’s Houston based exploration team, led by Jack Keyes and Bob LoPiccolo, have been extremely busy acquiring, reprocessing and reinterpreting all available data for each of the four licence areas involved. This task has been painstaking but the results of our efforts so far have given us considerable encouragement in each of the areas. Our exploration going forward will focus on the results of this new work.


A number of very interesting but untested anomalies have been identified and these will be investigated further. Work has already begun on our onshore Oman and Namibian licences and a seismic survey will be undertaken later this year on the offshore Oman area and on the Panama area once a suitable seismic ship is available locally.


In onshore Oman, Fugro Aerosurveys, Johannesburg, S.A. has successfully completed a 4,800 kilometre airborne survey of the gravity and magnetic fields over our Block 49 licence. Block 49 is on the southern edge of the Rub al Khali Basin and on the eastern flank of the Ghudun Salt Basin. Circle has the exclusive right to explore for oil and gas on this 15,438 square-kilometre block.


Initial processing of the results is very encouraging and analysis of the gravity and magnetic data will be integrated with ongoing studies to optimise the design of a 2D seismic survey which is scheduled to commence next year. The preliminary analysis already indicates that the eastern edge of a postulated InfraCambrian salt basin, analogous to the nearby highly-oil productive South Oman Salt Basin, extends into Block 49.


The successful completion of this survey marks the first step in Circle’s exploration effort on its onshore Oman concession. The data fills a critical gap in our knowledge of the geometry of the Ghudun Basin and will be invaluable to us in designing the forthcoming 2D seismic programme.

In Namibia, an environmental impact study is well underway over the initial areas of interest. This study is a necessary precursor to the seismic survey which is currently being planned .

A 6,000 kilometre seismic survey on our offshore Oman licence Block 52 has been awarded to TGS Nopec and this survey will commence within the next two months.

Discussions are ongoing regarding the carrying out of a regional seismic survey on our offshore Panama licence. The Company has concluded a joint venture on the Panama licence with Montage Petroleum Limited, a private Australian company currently preparing for public floatation. We have farmed out a one third interest in the licence to Montage.

ACQUISITIONS

As part of our portfolio management we are investing in some more advanced projects. This programme is being directed out of our London office by Prof. Chris Green and Shamil Daoud, our Middle East manager. They are focusing on projects in the Middle East and North Africa. Projects have already been examined in Morocco, Libya, Tunisia, Syria, Jordan, Yemen and Kurdistan in Northern Iraq and negotiations are ongoing on several of these projects.


Our first success in this regard was the awarding in June of a small but significant licence in the Rharb Basin, inland from Rabat in northern Morocco. The Sebou licence covers an area of over 269 square kilometres and is for a period of 8 years with the right of automatic conversion to a minimum (but extendable) 25 year exploitation period upon the discovery of exploitable hydrocarbons. Under the terms of the agreement the percentage interest in the permit is Circle 75% and Office National des Hydrocarbures et des Mines (ONHYM) 25%. Circle has agreed to carry out a 3D seismic survey to fully assess and rank the many prospects already identified in the area before commencing a 6 well drilling programme in 2007 and 2008 drilling periods. This equates to the minimum work programme for the first 3 years of the permit.


This agreement is significant in that it provides Circle with a low risk project and the potential for low cost, fast track development and production. This area has a history of production from a number of small shallow-depth natural gas deposits, most of which have given a very good return on investment. There is an existing local market with good demand for gas in the region and an established pipeline network through the permit area. Success here will provide a long term continuing earnings contribution to the Company.


Side by side with the awarding of the Sebou licence, Circle signed an agreement with ONHYM to participate in a two well programme already planned by ONHYM for the Sebou area. I am very pleased to inform you that this drilling campaign has resulted in a gas discovery initial interpretation of which indicates it to be typical of those in the area. Well testing by ONHYM is ongoing and further announcements will be made to shareholders once the testing, analysis and discussion about these results is complete.


Circle is interested in further investment in Morocco. We are currently examining a number of other potential projects there and discussions are ongoing with a potential local partner.


FINANCIAL RESULTS


The Group recorded an operating loss before tax of €1,464,398 for the half year period. The increased loss reflects costs associated with additional staffing and related office and travel, foreign exchange losses and the implementation of Financial Reporting Standard 20 Share Based Payment (“FRS 20”). FRS 20 requires an estimate of the non-cash costs associated with the issuing of share options to be charged to the profit and loss account. These non-cash costs amounted to €342,000 for the half year.


At June 30, the Group had cash balances of €13.3 million (including €1.99 million of restricted cash) and no debt. The Group had a working capital surplus of €13.1 million at the end of the reporting period.


CONCLUSION


I am very pleased with the results of the compilation programme on Namibia, Oman and Panama and am confident that the aggressive exploration strategy being pursued on these areas will bear fruit. I am, however, particularly delighted with the gas discovery currently being tested in the Sebou area and the ongoing acquisition programme there and in other countries in North Africa and the Middle East. The Sebou area is an ideal investment for a Company at our stage of development as it potentially allows us to build up cash flow, on a long term basis, at a low entry cost whilst we still have the opportunity of bigger discoveries elsewhere.


I would like to thank all our shareholders, my fellow directors and Circle employees for their contribution over this period. I look forward to success through their efforts in the years ahead as we enhance the value of the Company.


Thomas Anderson

Chairman of the Board



29 September 2006




http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Ramses2I]

Director’s Shareholding

6th October 2006

The Company was advised today that, John P McKeon a director of the Company has today purchased 500,000 ordinary shares at 20.75 pence per share representing 0.31% of the Company's issued share capital. Following this transaction, Mr McKeon has a beneficial interest in approximately 8.76 per cent. of the Company's issued share capital.

[Ramses2I]

STATEMENT REGARDING SHARE PRICE

Circle Oil plc (AIM: COP), the international oil & gas exploration, development and production company with a growing portfolio of assets in Morocco, Namibia, Oman and Panama, today issued the following statement in respect of the recent fall in its share price.

Circle knows of no reason for the fall in its share price and wishes to take this opportunity to remind shareholders of some of the key points in the Company’s 2006 Interim Results announcement, published on 29 September 2006:

- Acquisition, reprocessing and reinterpreting of available data for each of Circle’s four existing licences in Oman, Namibia and Panama continues. Results to date give considerable encouragement in each of the areas.

- The award of Sebou, a small but significant licence in the Rharb Basin, Morocco, is Circle’s first success in its new evolving strategy of investing in more advanced projects. A low risk concession, Sebou, has potential for low cost, fast track development and production.

- Circle also signed an agreement with ONHYM to participate in a two well programme for the Sebou area which has since resulted in a gas discovery, initial interpretation of which indicates it to be typical of those in the Rharb. Testing and evaluation of the results is ongoing.

- At June 30, the Group had cash balances of €13.3 million (including €1.99 million of restricted cash) and no debt.

Circle is progressing a number of other opportunities and will update shareholders on these in due course.

Enquiries ([phone]):

Circle Oil plc ([phone])
David Hough, CEO

Citigate Dewe Rogerson ([phone])

Media enquiries: Martin Jackson

Analyst enquiries: Nina Soon

[Ramses2I]

Zumindest MFL scheint noch an Circle Oil zu glauben... oder warum sollten die sich noch mehr Aktien sich von Circle zulegen. Die haben doch sicherlich bessere Informationsquellen wie unser einer.


Holdings(s) in Company

27th November 2006

The Company has been advised today that Man Financial Limited (MFL), as of 23rd November 2006, are beneficial owners of 6,446,000 ordinary shares in the Company. This represents 3.96% of the issued share capital of the Company.

----------------------------------------------------------------

Holdings(s) in Company

6th December 2006

The Company has been advised today that Man Financial Limited (MFL), as of 5th December 2006, have increased their beneficial holding to 6,646,000 ordinary shares in the Company. This represents 4.08% of the issued share capital of the Company.

[Ramses2I]

Ja so gefällt mir das Herr Anderson...freue mich schon wenn es hier richtig nach oben geht und nicht nur um 20 Prozent.


Directors / PDMRs’ Interest Notification



The Company was notified today that Thomas Anderson, the non-executive chairman of the Company, purchased 7,400,000 ordinary shares (representing 4.55% of issued ordinary shares of the Company) at a price of Stg.£0.1275 each on the 19 December 2006.

Following this transaction Mr Anderson now holds 20 million ordinary shares (representing 12.29% of the issued ordinary shares of the Company) in the Company.

[Ramses2I]

Davon war ja auszugehen das sich Herr Keyes von entsprechenden Aktien dann auch trennt:

The Company was notified today that Michael John Keyes (a former director of the Company) that on 19 December 2006, he sold 10.0 million ordinary shares in the Company (representing 6.14% of the issued ordinary shares of the Company) and now holds 7.5 million shares in the Company (representing 4.61% of the issued ordinary shares of the Company).

[Ramses2I]

Oman Block 49

An Exploration and Production Sharing Agreement between the Sultanate of Oman and Circle Oil Oman Ltd. on Block 49 was negotiated and signed in June 2005. The agreement calls for three years of seismic and potential-fields data acquisition and analysis, followed by two, optional extensions, of eighteen months each, which would involve further data acquisition as well as drilling campaigns.

The block occupies an area of 15,438 km2 and is located in the Rub Al Khali Basin. Circle Oil has done a full inventory of all historic data on the area and has transfered a considerable portion of the 11,438 km seismic and 18,087 km of aeromagnetics to Houston for reinterpretation. This work began late last year and is ongoing.

To date, two main play concepts are being pursued: the Sahmah play and the Lower Haima/Huqf play. The Samah play in the Rub Al Khali Basin in Saudi Arabia has been a major provider of hydrocarbons for many years and the Company is hopeful that this play extends into the north of Block 49.


Several billion barrels of oil have been discovered in Proterozoic/Cambrian reservoirs associated with the Ara Salt in the South Oman Basin to the southeast of the block. There is evidence of the presence of a similar salt basin beneath the western part of Block 49. This new salt basin has been named the Ghudun Salt Basin and the exploration programme for Block 49 has the two-fold objective of confirming the extent of salt and delineating likely targets for drilling.

An aerogravity/magnetic programme over a portion of the area has been awarded to Fugro and it will be flown this summer. Data from ths survey will helf define the extent of the Ghudun Salt Basin in the Block. The company may conduct a magneto-telluric profiling survey through parts of the block as an additional confirmatory measure of salt presence and thickness. In the autumn an Environmental Impact Assessment will be completed to be followed by a 2D, seismic acquisition programme.

[Ramses2I]

Antwort auf Beitrag Nr.: 26.396.076 von Ramses2I am 22.12.06 12:15:53

BOARD CHANGE

Circle Oil plc, the international oil & gas exploration and development company
with a growing portfolio of assets in Morocco, Namibia, Oman and Panama, today
announces that Mr. M.J. (Jack) Keyes, Chief Operating Officer, has resigned from
the board of the Company to pursue other opportunities in the oil and gas
industry.

Professor C.D. Green, a director of Circle since September 2005, takes over
responsibility for the technical affairs of the Company. He is based at the
Company's new UK office in Wokingham, Berkshire.

David Hough, CEO of Circle commenting on the departure of Mr Keyes thanked him
for his contribution to the Company during its development over the past number
of years and wishes him well in the future.

[Ramses2I]

Marine Seismic Data Acquisition Oman Offshore - Block 52

Circle Oil plc (AIM: COP), the international oil & gas exploration and development company with a growing portfolio of assets in Morocco, Namibia, Oman and Panama, today announces that in conjunction with TGS-Nopec Geophysical Company work is progressing according to plan on the acquisition of approximately 6,000 kilometers of 2D seismic data over Block 52, offshore Oman. The signing of the contract for this survey with TGS-Nopec was noted in September 2006.

The survey is being acquired by the Russian research vessel Akademik Lazarev, and is expected to take approximately two months to complete. The survey will also include the acquisition of shipborne gravity and magnetic data.

The interpretation of this new data will be instrumental in further delineating existing plays previously defined by Circle throughout the past year. These include an untested, inboard basin play of probable salt-related Infracambrian to Paleozoic-aged objectives, a sub-ophiolite play and a Tertiary-aged turbidite play.

Block 52 is located off the southwestern coast of the Sultanate of Oman and extends some 600 kilometers northeast from the Yemeni border. The Block also extends offshore approximately 150 kilometers. Circle has the exclusive right to explore for oil and gas within the block, which has an aerial extent of 90,760 square kilometers. Circle has the largest license holding of any company in Oman. In addition to Block 52, the company also has an ongoing exploration program in onshore Block 49.

TGS-Nopec has the right to market acquired data to third parties for any area of Block 52 that Circle ultimately relinquishes. However, Circle is entitled to a pre-defined share of any revenue from the sale of such data.


Commenting on progress of the survey David Hough CEO of Circle Oil said:

“The offshore Oman survey sees Circle entering the next stage of its exploration strategy in this highly prospective area. The results of our re-interpretation programme have revealed at least three new target plays. The addition of the new data will firm up our understanding of this prospective Block and will put us in a position to generate leads for future drilling.”

[HHtrader]

Antwort auf Beitrag Nr.: 26.367.599 von Ramses2I am 21.12.06 12:10:52

Hi, bin schon seit einiger Zeit dabei und habe bisher nicht so richtig viel Freude an der Aktie.
Aber da die Insider die schwachen Kurse zum Nachkauf nutzen, gehe ich auch davon aus, dass die Aktie definitiv Potential hat. Das Problem ist nur, dass scheinbar niemand die Aktie kennt...Bisher hast du den Thread ja fast im Alleingang gefuellt...

[Ramses2I]

Antwort auf Beitrag Nr.: 26.873.927 von HHtrader am 12.01.07 23:52:59

Die Insider kaufen und das ist entscheidend.
Es gab leider bei Circle ein paar interne Probleme (Führungskämpfe im Management)und auch Köpferollen war angesagt - M. Keyes musste gehen.

Bin vom Potenzial von Circle überzeugt und die Getreuen um Chairmen Anderson auch. Dieser sitzt ja mittlerweile auf über 12 Prozent Shares von Circle und kann weiterhin ruhig schlafen.

[Ramses2I]

Antwort auf Beitrag Nr.: 26.883.331 von Ramses2I am 13.01.07 15:48:12

...kaufe ein A.

[HHtrader]

Antwort auf Beitrag Nr.: 26.905.606 von Ramses2I am 14.01.07 09:51:17

Mann, mann, mann, so langsam macht das keinen Spass mehr. Jetzt schmieren wir noch weiter ab. Wer schmeisst denn bei einem Kurs von 13 GBP noch ueber 1 Mio. Aktien auf den Markt

Weiss da irgendjemand mehr als wir????

[Ramses2I]

Antwort auf Beitrag Nr.: 26.984.581 von HHtrader am 17.01.07 16:16:03

Also von mir sind die nicht HHtrader...
aber Spass macht das schon lange nicht...nicht bei fallenden Kursen.

Das muss wirklich bald in Richtung Norden gehen.

[Ramses2I]

BOARD APPOINTMENT


Circle Oil plc, the international oil & gas exploration and development company with a growing portfolio of assets in Morocco, Namibia, Oman and Panama, is today pleased to announce the appointment of Mr. Rafat A. Rizvi (age 46) as a non executive Director.

Mr. Rizvi is co-founder and Managing Director of First Capital Management Limited, a Mauritius-based asset manager, where he is primarily responsible for the management of the ‘First Global Funds’ family of funds. Mr. Rizvi is also the CEO and Chairman of Boston Holdings and Finance a diversified holding company through which he manages his personal investments. In December 2006, Mr. Rizvi was appointed to the Board of the Dubai headquartered Signature Group, a financial and investment company operating in the Middle East, South Asia and Sub Continent in the fields of real estate, energy, infrastructure and media.

Before establishing First Capital Management, Mr. Rizvi spent several years in London and Singapore with PaineWebber where he was Managing Director and Head of non-Japan Asia Fixed Income business where he established a significant Asia fixed-income franchise. Prior to that Mr. Rizvi was a senior executive in the treasury Division of Saudi American Bank (Citibank) in Riyadh.

Mr. Rizvi has a B.Sc.(Hons) Chemistry from the University of Essex and is a UK national. He is a member of the Singapore YPO chapter.

Speaking on the appointment of Mr. Rizvi to the Board, Mr. Thomas Anderson, Chairman of Circle, said;

“I am delighted to welcome Rafat to the Board and I am confident that with his extensive international financial and banking expertise, including financing of major oil and gas projects, he will considerably enhance our ability to complete the acquisition of some of the interesting projects that Circle is currently evaluating.”

Disclosures

Mr. Rizvi has a beneficial interest in 250,000 Circle Oil ordinary shares.

Save as mentioned above, Mr Rizvi, is currently, or has been in the past five years, a director of the following companies:

First Gulf Asia Holdings October 1999 - December 2004

Chinkara Capital Markets Limited June 2000 - January 2005

PT Bank Century tbk June 2000 - December 2001



The contents of this announcement include the full disclosures required under Schedule 2, Para (g) of the AIM Rules.

[Ramses2I]

Die Umsätze in London gefallen mir derzeit
sehr gut - kann sein das hier bald was kommt...

[HHtrader]

Antwort auf Beitrag Nr.: 27.507.943 von Ramses2I am 08.02.07 12:10:23

Na ja, so richtig viel umgesetzt wird ja immer noch nicht. Wollen wir mal hoffen, dass wir jetzt endlich den Boden gefunden haben. Hat ja heute mal wieder eine technische Gegenreaktion gegeben...

so langsam verliere ich auch die Geduld, vor allem wenn ich mir ansehe, wie sich andere Werte entwickelt haben. Andererseits hat es wohl keinen Sinn mehr bei diesen Kursen zu verkaufen...

[Ramses2I]

Antwort auf Beitrag Nr.: 27.514.759 von HHtrader am 08.02.07 16:16:10

Genau so sieht es aus... bei diesen Kursen werfe ich meine Shares ganz bestimmt nicht auf den Markt. Mr. Rizvi kommt doch sicherlich nicht an Bord, wenn er sich nur seinen Namen schmutzig machen würde. Mir gefällt vorallem die Berufung in die Signature Group und seine Tätigkeit bei der First Capital Limited (FCM)...

http://www.ameinfo.com/105012.html

[Mr.Arbogast]

26th February 2007

The Company were advised on 23rd February 2007 that Man Financial Limited (MFL) no longer has a notifiable interest in the issued share capital of the Company.

[Ramses2I]

SUCCESSFUL COMPLETION OF OFFSHORE OMAN SEISMIC SURVEY



Circle Oil plc (AIM:COP), the international oil and gas exploration and development company, is pleased to announce the successful completion of its 6,300 kilometre seismic survey over Block 52, in the Arabian Sea, off the southwestern coast of Oman. The acquisition of the 2-D seismic data was carried out by TGS-Nopec Geophysical Company who have already commenced processing of the data prior to its interpretation by Circle.

Block 52, which was awarded to Circle as a nine year exploration licence in 2005, covers an area of over 90,000 square kilometres and extends approximately 150 kilometres offshore. The survey was designed to focus on and further evaluate three different plays which have been identified by the Company’s assessment of historical data from the block.

Data processing is expected to be completed over the coming months. Preliminary onboard processing has already shown the data to be of good quality. Final processing, including modern routine pre-stack procedures, is expected to yield a good quality dataset. Initial interpretation of the data by Circle’s specialist team and its incorporation into the existing dataset is scheduled to start in early summer 2007, following which the next phase of the exploration programme will be confirmed.

Commenting on today’s announcement, David Hough, Chief Executive of Circle said;

“The successful completion of the Oman Block 52 seismic survey is a significant step forward for Circle. We are now working to finish the processing of the data so that our specialist interpretation team can advance the exploration of this offshore Block and its interesting though untested play concepts.”

[Ramses2I]

Oman Block 52
An Exploration and Production Sharing Agreement between the Sultanate of Oman and Circle Oil Oman Offshore Ltd for Block 52 was negotiated and signed in September 2005. This agreement calls for the acquisition and analysis of 2D seismic data during the first three years. Two optional extensions, each of three years, will involve further seismic data acquisition as well as drilling campaigns.

The block occupies an area of 90,760 km2 with water depths ranging from 200-3500m. Copies of the 10,540 km of previously acquired 2D seismic have been obtained, along with the associated gravity and magnetic data. Three wells have been drilled prior to the granting of the licence to Circle.

A satellite based seep study was commissioned last year; the results of these studies and our ongoing reinterpretation indicate three different exploration opportunities may exist within the block. Existing gravity, magnetic and seismic data are being interpreted. Circle Oil will carry out a marine seismic survey this Autumn. The Company has already tendered this survey and the contract has been awarded to TSG-Nopec.

The three play areas are:
1. an inboard basin, which is southwestern extension of the Masirah Trough, that has seen most of the seismic activity and all off the drilling. The basin appears to be at least Tertiary and possibly older in age; two of the wells confirm that the basement highs have been stripped of pre-Jurrasic sediments, while the third well and the seismic suggest that the potentially prolific Huqf sequence may be preserved off the highs.

2. a thrusted ophiolite (ocean crust) has been emplaced along part of the shelf and the possibility is good that large structures, again with the Huqf sequence preserved, may be present beneath the ophiolite.
3. a large, deep Tertiary Basin in the western half of the block. Current seismic control demonstrates the presence of mini-basins which probably received deep water sediments delivered through submarine canyons. This unexplored basin was created by the rifting which opened the Gulf of Aden; the sediment would have been derived from the granitic and Paleozoic rocks exposed along the coasts of Oman and Yemen.
click on images to enlarge

[Ramses2I]

Antwort auf Beitrag Nr.: 28.482.412 von Ramses2I am 25.03.07 14:47:29

Circle has the largest license holding of any company in Oman. In addition to Block 52, the company also has an ongoing exploration program in onshore Block 49.

[Ramses2I]

Und hier der Grund für den Anstieg am Freitag den 13. und am heutigen Tag:


16 April 2007


Circle Oil Farms into Two Concessions in Tunisia



Circle Oil plc (AIM:COP), the international oil and gas exploration and development company, is pleased to announce the signing of agreements with EXXOIL Tunisie allowing Circle Oil to farm-in to two separate concessions in Tunisia. These farm-in agreements are subject to final confirmation and acceptance of transfer of interests by DGE (Direction Générale de l’Energie) Ministère de l’Industrie, de l’Energie et des Petites et Moyennes Entreprise.

The farm-in to the Grombalia Permit in northern Tunisia will give Circle a 36% working interest with the operator EXXOIL Tunisie and ETAP as partners. The work programme includes acquiring a small amount of 2-D seismic in late spring 2007 and the drilling of two mature prospects presently planned for the fourth quarter 2007 and first quarter 2008. The first well is planned to be drilled into a fault block targeting a level that is producing in an adjacent field. The second well is planned to be drilled in very shallow water close to shore. This well will test a larger structure with two way dip and two way fault closure within the same geological sequence that has seen a number of drilling successes within the Permit.

The second farm-in, into the Ras Mamour Permit in southern Tunisia, will give Circle a 23% working interest and will include the drilling of one onshore well. This well is presently scheduled for fourth quarter 2007/early 2008 and will target a geologically similar sequence and structure close to the producing Ezzaouia Field.

These farm-in agreements give Circle Oil the opportunity to participate in drilling wells with short lead times. The maturity of the prospects and the proximity to existing production in geologically related, adjacent and analogous situations were significant factors in Circle Oil’s decision when entering into these agreements. Each of the wells will be drilled with the possibility, if successful, to be put into early production. The initial capital expenditure under the two farm-in agreements will be met out of Circle’s existing working capital resources.

A number of other potentially good prospects have been identified within the two permits which can be considered for future drilling.


Commenting on the signing of these agreements David Hough CEO Circle Oil stated:

“We are delighted to be working in Tunisia and look forward to a long-term relationship with our new partners. It is planned to drill three mature prospects in a proven oil province, two of which are adjacent to existing production and the third is in a geological setting which has seen previous successes. For Circle Oil, these farm-in agreements represent a further step in the company’s evolution towards becoming a balanced exploration and production company.’’

[Ramses2I]

Bin gespannt wann wir hier die nächste offizielle Meldung bekommen werden.
Wer bei dem aktuellen Stand in London seine Aktien in Frankfurt für €uro 0,28
auf dem Markt wirft ist wirklich nicht zu helfen.

[Ramses2I]

25-Apr-07

Holdings(s) in Company


Circle Oil was advised on 23 April 2007 by Mr M J Keyes that as of 19 April 2007 he had a notifiable interest in the issued share capital of the
Company of 6,400,000 ordinary shares (3.93%).

[Ramses2I]

Ist hier noch jemand an Bord außer mir?

Die Käufe in London steigen in letzter Zeit ja ständig an. Und nach der letzten Meldung
über den erneuten Einstieg von M J Keyes bei Circle Oil (bei den Aktien) warte ich hier
auf eine baldige weitere Meldung.

[Ramses2I]

Bei dem aktuellen Plus in London von knapp über 9 Prozent wäre der vergleichbare Kurs in Deutschland ja €uro 0,345.

Dann wird es da ja wohl noch mehr hoch gehen...

In London scheint jemand bereits mehr zu wissen!

[Ramses2I]

Und hier ist jetzt die offizielle und lange erwartete Meldung:


11 June 2007


Kuwait’s KGL Petroleum invests US$30 million in Circle Oil

Circle Oil plc is pleased to announce the signing of an unsecured Convertible Loan agreement in the sum of US$30 million with Kuwait-based, KGL Petroleum Company. The loan also has an attached option whereby the loan provider can subscribe for an additional 15 million shares in Circle Oil at a price of £0.50 per share exercisable during the first 3 years of the loan.

The signing of this agreement forms part of Circle’s three year funding strategy to cover its work programme including the development costs of commercial discoveries. The Company is committed to drilling a minimum of 9 wells on its Moroccan and Tunisian Licences up to the middle of 2009 together with all ancillary seismic and technical studies.

The Convertible Loan is for a period of 5 years, is convertible into ordinary shares of the Company at an exercise price of £0.25 per share and carries a 6% coupon. The contract was signed on 08 June 2007 by Circle Oil plc and a wholly owned Luxembourg registered subsidiary of KGL Petroleum.

Circle is currently finalizing the participation of a number of additional institutional investors and banks in this financing, further announcements on which will be made in due course.

David Hough, CEO Circle Oil, commenting on this signing said:

“I am delighted that KGL Petroleum has joined with us in pursuit of our aggressive exploration and development programme planned for the coming period. We are also jointly examining working together on a number of other projects which will combine the experience, capabilities and network of both Circle and the KGL Group.”

Mohammed Sultan, Managing Director of KGL Petroleum, said:

“After examining a number of possible partners in this sector we are delighted to have concluded this agreement with Circle Oil. We look forward to the future as Circle Oil develops into a successful exploration and production company complementing our other activities in KGL Petroleum.”

[Ramses2I]

Antwort auf Beitrag Nr.: 29.817.985 von Ramses2I am 11.06.07 12:08:16

KGL Petroleum

KGL Petroleum operates within the energy sector with a primary focus on oil and gas operations and petroleum related products. The core of KGL Petroleum’s strategy is to get direct access to oil & gas resources through investments in the upstream, midstream and downstream sectors which will create the foundation for other complementary businesses within KGL. KGL Petroleum is one of the fastest growing company’s in the Middle East region and is aiming to be a leader in the energy sector both locally and globally, and to be benchmarked with the best worldwide oil and gas companies.

[Ramses2I]

Morocco


The permit has considerable potential for the exploration and development of more natural gas and exploitation would be by a series of low cost wells/producers each producing from 20-80MM3 of gas. The produced gas will be sold to local industry at locally agreed commercial rates. If successful, the development will allow COML to achieve production in a relatively short time scale and provide a long term continuing earnings contribution to COML.
The agreement is important as it provides COML with a low risk concession with the concomitant potential of low cost fast track development. Previous success rates in the Rharb basin have been in excess of 60%. The area generally has good charge and good natural drive and there are multiple prospects already identified within the permit. These will be fully assessed and ranked by the 3D seismic survey prior to commencing frilling in 2007. Prospects previously developed and ranked by ONHYM will also be included.

The Rharb Basin is a foredeep Basin located in the external zone of the Rif Folded belt. Sedimentary evolution started with a thick series of Eocene and Oligocene turbidites in the north. Marine conditions in the Middle Miocene resulted in shaly to shaly-sand sedimentation overlain by the Prerif-nappe. During the early Tortonian era series of turbiditic sand lenses were deposited and a subsequent rise in sea level permitted the deposition of a very thick series of marls. Similar events occurred during the Late Tortonian, Messinian and Pliocene.

Exploration within the Rharb has concentrated on the Tertiary depositional system which contains commercial deposits of biogenic gas. These individual prospects are small in size but important and economically interesting. They are shallow and located generally between 500-1500 metres. They are very inexpensive to drill and also hook up due to the presence of a local gas pipeline network. There is also a good market with increasing demand for the sale of the natural gas to local industry.
The Sebou Permit has previously been owned, explored and exploited by ONHYM. In the new partnership the shareholding is COML 75% and ONHYM 25%. The Rharb Basin is highly prospective and has a historic natural gas production of almost one billion MM3. 2D seismic and well calibration is available and ONHYM have extensive knowledge of the area. Small scale Gas production within the Rharb is presently from four wells. COML as operator will be conducting a 3D seismic survey and drilling 6 wells over the next 3 year period.

Circle Oil Maroc Ltd (COML), a wholly owned subsidiary of Circle Oil plc, has signed an Exploration and Exploitation Agreement with ONHYM (Office National des Hydrocarbures et des Mines) for the Sebou Concession (296 km2), situated in the Rharb Basin, Morocco. The Exploration Agreement is for a total period of 8 years with the right of automatic conversion to a minimum (but extendable) 25 year Exploitation period.

[Ramses2I]

21 June 2007


DRILLING CONTRACT SIGNED IN TUNISIA


Following the announcement on 16 April 2007 that Circle Oil plc had entered into a farm-in agreement with EXXOIL S.A. on two of EXXOIL’s licences in Tunisia, Circle is today pleased to announce that a contract has been signed between EXXOIL, the operator of the exploration programme, and Oil Field Services Company for the drilling of two onshore wells.

The first well is scheduled to spud in July/August on the Zita prospect (Ras Mamour Permit) with spudding of the Serdouk prospect (Grombalia Pemit) planned for before the year end. Oil Field Services will use its Franks Cabot 900 rig to carry out the drilling.

Commenting on this news David Hough, CEO of Circle Oil, said:

“The signing of this contract is an important step forward for Circle as both these Tunisian prospects have the potential to provide Circle with early production and cash flow. The start up of this contract will mark the beginning of Circle’s aggressive 2 year drilling programme whereby at least 9 wells will be drilled on its licences in Tunisia and Morocco.”

[Ramses2I]

Tunisia: Ras Marmour Permit


This permit is located in the South-East of Tunisia covering part of Djerba Island and south of the Gulf of Gabès. The permit covers 1564 sq km and is located in an area with two significant hydrocarbon discoveries and a number of smaller ones. The onshore Ezzaouia Oil and gas field discovered by MARATHON in 1986, initially produced at over 30 000 BOPD, is presently producing approximately 3000 BOPD. By the end of 2005, the field is believed to have produced around 29 MMBO. The offshore El Biban oil and gas field, also discovered by MARATHON in 1982, produced up to 5 000 BOPD. Reserves are estimated at 7.97 MMBO and has produced since 1998 more than 2.9 MMBO. Discoveries include the Robbana field which was discovered by MARATHON and Mazran field, discovered by HBS which is understood to be under evaluation.
The main reservoir types include fractured dolomites of the Cenomanian Zebbag formation, which form the main reservoir of the Ezzaouia field and fractured limestones of the Bireno formation of Middle to Lower Turonian age, which form the main reservoir of the El Biban field. In addition the Upper Jurassic sands levels of the M'rabtine formation are productive in the Ezzaouia field.

The source rocks in the area are platey black shales of the Lower Cretaceous (Cenomanian-Albian) which has proved the source rock of the Upper and Middle Cretaceous reservoirs of El Biban and Ezzaouia fields respectively and Lower Cretaceous age Sidi Kralif shales formation which form the source of both Robbana and Mazran fields. In addition the Marls and the black clayey limestones of the Middle Jurassic (Dogger) which source the Upper Jurassic sandstone reservoirs (M’rabtine formation) are productive in the Ezzaouia and El Biban fields.

[Ramses2I]

Tunisia: Ras Marmour Permit


This permit is located in the South-East of Tunisia covering part of Djerba Island and south of the Gulf of Gabès. The permit covers 1564 sq km and is located in an area with two significant hydrocarbon discoveries and a number of smaller ones. The onshore Ezzaouia Oil and gas field discovered by MARATHON in 1986, initially produced at over 30 000 BOPD, is presently producing approximately 3000 BOPD. By the end of 2005, the field is believed to have produced around 29 MMBO. The offshore El Biban oil and gas field, also discovered by MARATHON in 1982, produced up to 5 000 BOPD. Reserves are estimated at 7.97 MMBO and has produced since 1998 more than 2.9 MMBO. Discoveries include the Robbana field which was discovered by MARATHON and Mazran field, discovered by HBS which is understood to be under evaluation.
The main reservoir types include fractured dolomites of the Cenomanian Zebbag formation, which form the main reservoir of the Ezzaouia field and fractured limestones of the Bireno formation of Middle to Lower Turonian age, which form the main reservoir of the El Biban field. In addition the Upper Jurassic sands levels of the M'rabtine formation are productive in the Ezzaouia field.

The source rocks in the area are platey black shales of the Lower Cretaceous (Cenomanian-Albian) which has proved the source rock of the Upper and Middle Cretaceous reservoirs of El Biban and Ezzaouia fields respectively and Lower Cretaceous age Sidi Kralif shales formation which form the source of both Robbana and Mazran fields. In addition the Marls and the black clayey limestones of the Middle Jurassic (Dogger) which source the Upper Jurassic sandstone reservoirs (M’rabtine formation) are productive in the Ezzaouia and El Biban fields.

[Ramses2I]

26 June 2007


BOARD APPOINTMENT


Circle Oil Plc (AIM: COP) is pleased to announce the appointment of Mr. Mohammad Sultan (49) to its Board as a non-executive director. Mr. Sultan is a founding member and Managing Director of KGL Petroleum, a Kuwait based company which has recently agreed to provide Circle with a US$30 million convertible loan.

As Managing Director of KGL Petroleum, Mr. Sultan oversees its business project developments, manages internal and external relations and is responsible for devising and implementing the KGL company strategy particularly in assessing investment opportunities in the petroleum sector both regionally and globally. Prior to KGL Petroleum, Mr. Sultan worked for a period of 27 years for the Kuwait Oil Company, a major producer of oil and gas in the world. Mr. Sultan holds a B.Sc. degree in Electrical and Computer Engineering from Oregon State University.

Commenting on the appointment of Mr. Sultan to the Board, Circle’s Chairman, Mr. Thomas Anderson said:

“Mohammad Sultan joining our Board further strengthens the bond between our two companies. I look forward to his good counsel at Board meetings and to the future working with his and KGL’s support for the mutual benefit of both companies”.

[Ramses2I]

Antwort auf Beitrag Nr.: 30.312.554 von Ramses2I am 25.06.07 19:49:42

Da habe ich doch glatt etwas doppelt gepostet.

[Ramses2I]

Antwort auf Beitrag Nr.: 30.098.038 von Ramses2I am 21.06.07 18:20:49

Tunisia: Grombalia Permit

The main reservoirs include:
- the Lower Cretaceous age (M’cherga formation) sandstone reservoir encountered in the Cap Bon gas field. It is represented by two porous sandstone levels (13 to 16 %).
- the Bou Dabbous formation of Lower Eocene age (Ypresian), which consists of fractured limestone and occurs as good reservoirs in Belli, Al Manzah, Bin Drassen, Meznine and Beni Khalled fields.
- the Abboid formation of Upper Cretaceous age. This fractured limestone provides the reservoir in Zinnia field (Cap Bon) and in Sidi El Kilani (Kairouan area).

The first two prospects to be drilled by Circle Oil/Exxoil are

1) a faulted block located close to existing productions: Belli, Beni Khalled and El Manzah fields. The petroleum system in this area has been proven with the Bou Dabbous and / or Bahloul limestones and Fadhene shales as source rock and the fractured Bou Dabbous and Abboid limestones as reservoirs.

2) a shallow water prospect located just offshore in the Gulf of Tunis in around 15 m of water. The structure is a large anticline elongated north east-south west, and is fault bounded parallel to the coast. The main reservoir objective is the Eocene fractured limestones of the Bou Dabbous formation. This prospect is also located in an ideal position to receive any hydrocarbon generated in the Grombalia graben to the south and west which is considered as the main kitchen in the area.

A number of other good prospects have been identified for future drilling onshore within the permit and include more structures associated with the Abboid and Bou Dabbous formations. These have proven historically to be good for production within structurally controlled faulted closures.


The Grombalia permit is located in the north of Tunisia and covers much of the Cap Bon peninsula. The permit covers 2792 sq km and more than 90% of the permit is located onshore. Oil and gas was first discovered and produced within the Grombalia Permit with the Cap Bon gas field discovered in 1948 by SEREPT. The Belli oil field was discovered by MARATHON in 1991 and produced around 9MMBO. Many other oil and gas fields have been discovered historically including Zinnia by AGIP, Bin Drassen, Beni Khalled and Meznine by EXXOIL, Al Manzah by ECUMED and these have either produced and ceased production or are still in production e.g Beni Khalled (1500BOPD). Two offshore oil field have also been discovered in the Gulf of Hammamet, the Maamoura oil field in 1991 and the Baraka oil field in 1997 (5 000 BOPD under test).

[Ramses2I]

28 June 2007

Circle Oil plc (the “Company”) and its subsidiaries (“Circle” or the “Group”)Results for the Year ended 31 December 2006



Moving towards a balanced portfolio



Highlights



Acquisition of new licence in Rharb Basin in Morocco


Successful acquisition of over 6,000 km 2D marine seismic offshore Oman Block 52


Gravity modelling in Oman Block 49 provides further support for salt basin


Farmed in to lower risk, mature exploration projects in two permits in Tunisia


Farm-out process in Namibia and Oman on-going


Committed to an aggressive 18-24 month drilling programme beginning July 2007


Moroccan Permit 3D seismic awarded to be acquired summer 2007


Concluded a US$30 million convertible loan agreement with KGL Petroleum in June 2007


Mr Thomas Anderson, Chairman of Circle Oil, said:



“It has been an exciting past year for Circle Oil as we move towards owning a more balanced portfolio. Our acquisitions in North Africa and our commitment to an aggressive drilling campaign give the Company the possibility of gaining production quickly and cash flow in the short to medium term.



Furthermore, in 2007, we have made real progress with our financing by concluding a US$30 million convertible loan agreement with our partners at KGL Petroleum. In short, we are well set for the future and I look forward to reporting to shareholders later in the year”

[Ramses2I]

APPOINTMENT OF COUNTRY MANAGER IN TUNISIA


The Board of Circle Oil plc is pleased to announce the appointment of Mr. Ali Chine as its Country Manager in Tunisia.

Mr. Chine, a petroleum geologist, has worked most of his career for Enterprise Tunisienne d’Activities Petrolieres (ETAP), the Tunisian State oil company. He was its president and CAO from 2003 to 2004 and was energy advisor to the Tunisian Minister of Industry and Energy from 2004 until his retirement in April 2007.

Throughout his career Mr. Chine was a Board or General Member of a number of Tunisian professional organisations, particularly in the petroleum sector. His appointment to the Circle team brings to the Company a wealth of knowledge of all aspects of the Tunisian, African and near Middle Eastern oil industry. Mr. Chine will run Circle’s Tunisian operations out of its offices in Gammarth, near Tunis.

Commenting on this appointment, Circle director, Prof. Chris Green, said:

“We are delighted to welcome Ali to Circle. His extensive experience and knowledge of the E&P business further enhances the team as we move into the next phase of the Company’s development.”

[Ramses2I]

07:01 23-Aug-07


ZITA WELL COMMENCES IN TUNISIA



Circle Oil plc (AIM:COP), the international oil and gas exploration and development company, is pleased to announce, in partnership with Exxoil Tunisie Ltd, the commencement of drilling operations on the Zita Prospect in the Ras Mamour Permit, southern Tunisia.

Drilling operations commenced on the 20th August 2007 and are anticipated to continue for the next two months.

The well is targeting the two main reservoir types in the area which include the fractured dolomites of the Cenomanian Zebbag formation, which form the main reservoir of the nearby Ezzaouia oilfield and the Upper Jurassic sands levels of the M'rabtine formation which are also productive in the Ezzaouia field.

Further announcements will be made in due course.

Commenting on the start of drilling operations David Hough, CEO, Circle Oil said:

“Today marks the start of an 18 month series of field based operations for Circle in North Africa and the Middle East. Over the next few months, we plan to drill 3 wells in Tunisia and begin 3D seismic studies on our Moroccan Rharb Basin licence. In addition, a very busy work schedule is currently being prepared for Tunisia, Morocco and Oman for 2008 which will drive the next phase of Circle’s evolution and progression towards becoming a balanced exploration and production company.”

[Ramses2I]

Circle Oil is listed number five on the clubs 'Race-to-Profits' leader board. Click onto 'Blue Winner' above and you will find the hyperlink to the full announcement.


Out of the blue. From time to time the market’s evolve a company that’s going to be a winner, no amount of crystal ball gazing for a winner can lead to a guaranteed successful safe trading, individule investors have a striking ability to do the wrong thing by not tanking notice of just what the markets are saying. it the market place that have a bearing on the investors picking up on a winner, finding the right company for investing your hard earned funds into is indeed a hard one to call, once you have found a winner then your networking will act as a magnet to profits.

The market is telling us that out of the blue winner is Circle Oil plc, at the present time this reflects the strong performance of the oil sector. The last 12 months have been a period of great activity for COP as the Company strategy has shifted towards owning a more balanced portfolio. The Company now has large scale exploration acreage in Oman and Namibia, combined with the addition of more advanced lower risk, mature exploration projects in Tunisia and Morocco.

Furthermore, in 2007, the company has made real progress with financing by concluding a US$30 million convertible loan agreement with partners at KGL Petroleum. In short, the company is well set for the future. I look forward to reading the company reports to shareholders later in the year. At this stage the markets are saying that COP is well worth a punt.


Circle Oil Plc.

Circle Oil Plc (CPO) AIM Oil & Gas. Market Cap £37.8271m. Trade 37.

Share price 21.00p.
Trend Up.
Target rolling price 25.50p
Shares traded since last close 388,884.
Shares traded last week 2,124,167.
Top Buy.


http://www.shareclubuk.co.uk/

[Ramses2I]

Circle Oil PLC said its first-half pretax loss narrowed on decreased cost of share options and lower administration expenses.

The international oil and gas exploration and development company reported a pretax loss of 1.2 mln usd for the six months to end-June, compared with a loss of 1.9 mln usd in the year-earlier period.

It said it remains well funded with cash balances of 7.3 mln usd, which excludes 30 mln usd proceeds from the convertible loan agreement received in July.

Circle Oil said it has made considerable progress and growth, particularly in its later stage exploration projects in Tunisia and Morocco.

The group has sufficient funds to finance its present exploration programme for the next 18-24 months and to invest in a number of new later stage exploration projects that are currently under review, it added.

[Ramses2I]

01 October 2007

Director / PDMR Shareholding Notification


The Company has been advised that Mr John P McKeon, a director of the Company, purchased on Friday 28 September, 1,200,000 ordinary shares at Stg 25.25 pence per share representing 0.74% of the Company’s issued capital.

Following this transaction, Mr McKeon has a beneficial interest in approximately 9.5% of the Company’s issued share capital.

[Ramses2I]

4 October 2007

Shareholding in Company

The Company was advised today that Pershing International Nominees no longer has a notifiable interest in the issued share capital of the Company.

[Ramses2I]

27 September 2007

CIRCLE OIL PLC 2007 Interim Results


A Period of Considerable Progress


Circle Oil plc (AIM: COP), the international oil and gas exploration and development company, is pleased to announce its results for the six month period ended 30 June 2007.


HIGHLIGHTS


- Negotiated farm-in agreements on two concessions in Tunisia, the Grombalia Permit in north and the Ras Mamour Permit in south of the country.


- Drilling contract signed on the Zita prospect in the Ras Mamour Permit and drilling commenced.


- US$30 million unsecured convertible loan agreement signed in June with the Kuwait based company KGL Petroleum and funds received in full in July.


- Completed shooting and processing of 6,300 km of 2D seismic in Block 52 offshore Oman.


Mr Thomas Anderson, Chairman of Circle Oil, said:


“It has been a very busy period for the Group and the workload is rapidly expanding with the start of drilling in Tunisia and seismic operations in Morocco and I look forward to reporting on the results of these programmes in due course.”


Notes to Editors



Circle Oil plc (AIM: COP) is an international oil & gas exploration and development company with a growing portfolio of assets in Morocco, Tunisia, Namibia, Oman and Panama. The company listed on AIM in October 2004.


Circle has the largest licence holding of any company in Oman. In addition to Block 52, the company also has an ongoing exploration program in onshore Block 49. Worldwide, the company is active in exploration in the Owambo Basin, Namibia; in the Caribbean Sea, offshore Panama; the Rharb Basin, Morocco; the Ras Mamour Permit in southern Tunisia and Grombalia Permit in northern Tunisia.

The Company's strategy is to locate and secure licences in new 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 long term cash flow for further investment.


www.circleoil.net


Chairman’s Statement


I am pleased to report that the period under review has been one of considerable progress and growth for Circle Oil particularly on our later stage exploration projects in Tunisia and Morocco. In addition, the Company has obtained by way of an unsecured convertible loan the finances necessary to fund its present exploration programme for the next 18-24 months and to invest in a number of new later stage exploration projects that are currently under review.


Operations

In April, Circle announced that it had agreed farm-in terms with EXXOIL, a Tunisian oil exploration and development company, to earn interests in two of EXXOIL’s licences in Tunisia, namely Ras Marmour and Grombalia. The targets to be drilled in both licences are adjacent to existing producing oilfields and the start of drilling of the first well, Zita-1, on the Zita prospect in the Ras Mamour permit, was reported on the 23rd August.


The Zita prospect is 4 km east of the producing Ezzaouia discovery well. This field was first discovered by Marathon in 1986 and production reportedly reached 21,500 barrels of oil equivalent per day (boepd) for several years. It is now producing approximately 3,000 boepd and has reportedly produced a total of approximately 29 million barrels to the end of 2006. The same potential reservoirs as those of the Ezzaouia oil field are proposed in the Zita prospect with the upper prospective formation having an area of nearly 6 km2 and the lower 8 km2. This gives the Zita prospect a potential of approximately 36 million barrels recoverable out of the two identified prospective horizons. Further news on drilling progress will be announced on completion of the drilling of the well.

Once drilling of the Zita-1 well is finished the rig will move to the Grombalia Licence to drill one of the mature prospects there. The presently chosen Serdouk prospect has a closure area of 5.2 km2 at both prospective levels, the Aboid and Bou Dabbous formations, and operator estimated potential recoverable reserves of 27.5 million barrels. Serdouk is adjacent to the Belli, Beni Khalled and El Manzah producing oil fields.


The Sidi Rais prospect, the presently proposed third well to be drilled, is situated near shore in the Gulf of Tunis, and is one of the most technically interesting and largest prospects in the Grombalia Licence. The initial closure area has the potential for 287 million barrels of oil (mmbo) in place with an operator estimated 60 mmbo recoverable. The prospect is in shallow water (13 metres) and only approximately 1.5 km offshore which would make development costs potentially low compared with a more conventional offshore development.

There are a number of further leads and prospects in both permits and additional drilling is proposed for 2008 following evaluation of this year’s results and the completion of a small amount of 2D seismic early next year.


In Morocco, we have decided to complete a comprehensive seismic study of the Sebou permit in the Rharb area this year. The Environmental Impact Assessment has been completed, and surveying and shothole drilling has commenced in the survey area. We anticipate that shooting of the survey will commence shortly. Originally we had planned to do the seismic over two years with some limited drilling taking place later this year. However, it is now considered more prudent to first complete this seismic survey and the processing and interpretation of its results. This will potentially give Circle a large number of targets which can be properly assessed, ranked and then drilled over the next 3-4 years. We have held discussions with Office National des Hydrocarbures et des Mines (ONHYM) to use their drill rig for the 2008 drilling season which should result in the drilling of up to eight wells in the area. The successful conclusion to our ongoing discussions with ONHYM will result in the gas discovery made last autumn in the Sebou area, which Circle has the right to acquire, going into production early next year.



In Oman, the final processed results of the offshore seismic survey on Block 52 have been presented to Circle for interpretation and this work is ongoing. The increase in data quality has exceeded our expectations and should allow a comprehensive appreciation of the play concepts and potential of the block to be incorporated into a farm out document which will enable Circle to seek partners for this licence area during 2008.

In Oman Block 49, we have been further encouraged by our own work together with the operations and studies that have been going on around us. There have been third party reports of discoveries and positive technical results in adjacent blocks relating to the salt stringer play. Our own gravity modeling and recent reworking of the existing seismic has given us encouragement and because of this we are hoping to get approval from the Omani Ministry shortly to change the Production Sharing Agreement terms to allow us do a concise 3D seismic study over the southern end of the block. This study, to be carried out in 2008, will enable us to locate and identify potential oil leads and prospects in our licence.


We have been approached by a number of companies who have expressed a wish to examine joint venturing with us in either or both of our Omani licences. The Board will decide over the coming months whether to bring in suitable partners or to carry out the next phase of exploration independently, thereby retaining our 100% interest in the two licences. Either way, it is most encouraging that such companies are approaching us with a view to participating in these areas.


In Namibia, we are currently negotiating with three potential Joint Venture partners on our northern licence and we hope to conclude discussions with one or more of these companies shortly.


Board and Staff


I am delighted to welcome Rafat Rizvi and Mohammad Sultan to our Board of Directors. Rafat’s background is in the banking sector and Mohammad’s background is oil and gas sector and he is the managing director of KGL Petroleum which provided Circle with US$30 million of new funds following the signing of a convertible loan agreement. Both of these gentlemen bring invaluable experience and contacts to the Board.

In order to cope with the hugely increased workload we are in the process of expanding our technical base located in Berkshire, UK and are seeking to add several new experienced personnel to the team there in the coming months. In Tunisia, we have been very fortunate to have engaged a well respected country manager of the highest calibre in Ali Chine, who was the CAO of the Tunisian state oil company, Enterprise Tunisienne d’Activities Petrolieres (“ETAP”) and latterly advisor to the Tunisian Oil Minister. Ali will be invaluable in assisting Circle to achieve its aspirations in Tunisia, a country which we believe has significant untapped potential for exploration and development. We have also added a highly experienced drilling superintendent, Mimoun Serhir, to our team to manage our future drilling programmes.


Financial


The Group reported a net loss of US$1.2 million (1H 2006: US$1.9 million) for the period. The reduced loss over the period was largely due to a decrease in the cost of share option awards and lower administration expenses.

The Group remains well funded with cash balances of US$7.3 million at 30 June 2007 which excludes US$30 million proceeds from the convertible loan agreement which were received in July. This loan agreement was signed on 11 June 2007 with Kuwait based KGL Petroleum Company (Kuwait based closed shareholding company) that operates within the energy sector with a primary focus on oil and gas operations and petroleum related products. It has investments in the upstream, midstream and downstream sectors as it relates to its oil and gas investments portfolio.

These interim financial statements have been prepared using accounting policies consistent with International Financial Reporting Standards and in accordance with International Accounting Standard (IAS) 34 Interim Financial Reporting.


The interim financial statements in respect of the period ended 30 June 2006 were prepared under Irish GAAP. The comparative figures for the immediately preceding interim period and the immediately preceding financial year have been restated on a basis consistent with International Financial Reporting Standards and in accordance with International Accounting Standard (IAS) 34 Interim Financial Reporting.


The Group has with effect from 1 January 2007 changed its functional and presentation currency from the Euro (€) to the US Dollar (US$).The Group considers that the US$ is now the currency of the primary economic environment in which it operates. The Board believe that by adopting the US$ as its functional and presentation currency, the financial statements will provide a clearer picture of the performance of the Group’s business and will minimise the impact of exchange rate fluctuations on the reported results.

Conclusion


It has been a very busy period for the Group and the workload is rapidly expanding with the start of drilling in Tunisia and seismic operations in Morocco and I look forward to reporting on the results of these programmes in due course.

I would like to thank all our shareholders, my fellow directors and Circle employees for their contribution over this period. I look forward to their continuing support and success through their efforts in the years ahead.

[Ramses2I]

Da hat aber jemand gestern in Stuttgart beherzt zugegriefen...
...und in London scheint geflüster aufzukommen...

[HansiDurchblick]

Vor dem Hintergrund möglicher Militäraktionen der Türkei im Norden des Irak stieg der Preis für ein Barrel (159 l) Rohöl der Sorte WTI (Western Texas Intermediate) erstmals auf das Niveau von 87 US-$ an. Im Gleichtakt zum US-Öl kletterte der Preis der Nordseeölsorte Brent Crude in London ebenso auf ein neues Rekordniveau von knapp 83 US-$. Einige Analysten renommierter Bankhäuser rechnen nun mit einem Run auf 90 US-$ (Brent Crude) bzw. die Marke von 100 US-$ (WTI). Werden die Renommierten im Gegensatz zu ihren Immobilienkreditabteilungen ein glücklicheres Händchen mit ihrer Prognose haben?....

http://worldofinvestment.com/column/read/349/

Ganz interessant, könnt ja mal schauen.

[Ramses2I]

Da müsste doch jetzt langsam mal eine Info kommen, wie es in Tunesien weiter geht:

07:01 23-Aug-07
Number 6789C

ZITA WELL COMMENCES IN TUNISIA


Circle Oil plc (AIM:COP), the international oil and gas exploration and development company, is pleased to announce, in partnership with Exxoil Tunisie Ltd, the commencement of drilling operations on the Zita Prospect in the Ras Mamour Permit, southern Tunisia.

Drilling operations commenced on the 20th August 2007 and are anticipated to continue for the next two months.

The well is targeting the two main reservoir types in the area which include the fractured dolomites of the Cenomanian Zebbag formation, which form the main reservoir of the nearby Ezzaouia oilfield and the Upper Jurassic sands levels of the M'rabtine formation which are also productive in the Ezzaouia field.

Further announcements will be made in due course.

Commenting on the start of drilling operations David Hough, CEO, Circle Oil said:

“Today marks the start of an 18 month series of field based operations for Circle in North Africa and the Middle East. Over the next few months, we plan to drill 3 wells in Tunisia and begin 3D seismic studies on our Moroccan Rharb Basin licence. In addition, a very busy work schedule is currently being prepared for Tunisia, Morocco and Oman for 2008 which will drive the next phase of Circle’s evolution and progression towards becoming a balanced exploration and production company.”

[Ramses2I]

Wie es nach dem Kursverlauf am Freitag aussieht, erwarten in London die Anleger schlechte Nachrichten...oder wie soll man sonst die fast 10 Prozent Verlust interpretieren?

[Ramses2I]

Ein paar Mutige haben heute ja wieder zugegriffen und für ein Plus von fast 5 Prozent gesorgt. Mal schauen wie es hier weiter geht...

[Ramses2I]

21 November 2007

COMPLETION OF DRILLING AND LOGGING ON ZITA-1 WELL

Circle Oil plc (AIM:COP), the international oil and gas exploration and development company, is pleased to announce the completion of drilling and logging of the Zita-1 exploration well on the Zita Prospect in the Ras Mamour Permit, southern Tunisia (23% working interest). The well has encountered hydrocarbon shows with good fluorescence seen in cuttings in multiple zones and oil returning to the surface. The initial log interpretation has given sufficient evidence to warrant full testing which is scheduled to take place before the end of this year. Until testing is completed no final conclusions can be drawn on the results of the well. A further news release will be issued once testing and the analysis and interpretation of the results is completed.

Commenting David Hough, CEO of Circle Oil, said:

"We are encouraged by the initial results of the Zita-1 well. Although the well has been difficult to drill, we have encountered shows of hydrocarbons at multiple levels. The log data is now being analysed to finalise the testing programme. If testing and evaluation are successful we hope that this would be followed by an early appraisal well programme.”

[Ramses2I]

In London ist es heute auf alle Fälle über 10 Prozent gen Norden gegangen. Nicht schlecht möchte ich meinen...bei der aktuellen Stimmung.

[Klafrantz]

!

Dieser Beitrag wurde moderiert. Grund: Spammposting

[Ramses2I]

Antwort auf Beitrag Nr.: 32.568.814 von Klafrantz am 26.11.07 13:19:36

Solange hier nicht im operativen Geschäft was entscheidendes gemeldet wird, kann man davon ausgehen, dass der Ölpreis keinen wirklich großen Einfluss haben wird.

[Ramses2I]

Da hat aber jemand am 3. Dezember in Stuttgart eine Menge Aktien erworben!

[Ramses2I]

03. Januar 2008, 19:27

Ölpreis steigt erstmals über 100-Dollar-Marke

Zudem verursachten Schwierigkeiten bei der Angebotsausweitung und drohende Produktionsausfälle steigende Ölpreise.

http://www.arcor.de/content/aktuell/news_wirtschaft/10625319…

Dann wird es ja langsam Zeit, dass Circle Oil hier für Entspannung sorgt...auch in den Taschen der COP Aktionäre!

[Ramses2I]

Das scheint ja noch länger zu dauern bei dem Laden:

09 January 2008


Zita-1 Well Test

Grombalia Permit Prospect, Tunisia Agreed


Circle Oil the international oil and gas exploration and development company, is pleased to announce that testing and analysis of the Zita-1 exploration well in the Ras Marmour permit in Tunisia (23% working interest) has been completed.


Zita-1, Ras Marmour Permit

The testing of the dolomitic Zebbag formation from 1150m to 1163m and the Orbata dolomitic formation from 1357m to 1380m proved formation water similar to the adjacent Ezzouia field with oil shows but did not result in a flow of commercial mobile oil. Subsequent analysis of all data has suggested that the testing sampled the Zebbag formation just below the oil water contact.

Following a review of the seismic and well data by all partners and their advisors, all partners have agreed to drill a curved sidetrack from the Zita-1 well to target the Zebbag formation updip, thus drilling the maximum thickness of the Zebbag and Orbata formation within the top crestal closure of the formation. The sidetrack will commence in approximately 3-4 weeks time on arrival of directional drilling equipment and engineers from Schlumberger who will carry out the work. Upon completion, logs and testing will be run as necessary.


Grombalia Permit

In a separate meeting Partners have approved the final location for the first well to be drilled in the Grombalia permit in northern Tunisia (36% working interest) together with its Environmental Impact Assessment and land approvals.

Following completion of an upgraded interpretation using the 2007 seismic results, a new location with lower risk analysis and larger closure area has been prioritised. This new prospect, named Mellah, will be drilled before the originally intended location at Serdouk. The well will target the same formations as those at Serdouk and the Serdouk well has been rescheduled for drilling at a later date. The new interpretation has also firmed up a third prospect for future drilling. The civil preparation works for the well will commence next week and the well spud for Mellah will follow the completion of the Zita sidetrack, presently estimated as being towards the end of the 1st quarter 2008.

Commenting on the results David Hough CEO Circle Oil said:

"It is disappointing that Zita-1 did not flow commercial mobile oil due to the high water saturations. However, it is encouraging that consensus on the analysis of all the data retrieved from the seismic, drilling and logging puts us at or around the oil-water contact. We will now sidetrack updip to drill the whole Zebbag and Orbata formation as soon as the specialist directional drilling equipment and engineers arrive from Schlumberger.

“We are pleased that our partners have approved Mellah in the Grombalia Permit as the next well location and, with the civil works starting immediately, the site will be ready for the rig to relocate to once the Zita-1 sidetrack is complete.”

In accordance with the guidelines of the AIM Market of the London Stock Exchange, Prof Chris Green (B.Sc.Hons. M.SC., PhD.),Technical Director Circle Oil Plc, who has been involved in the oil industry for over 34 years, and Mr Ali Chine, Country Manager Circle Oil Tunisa Ltd who have been involved in the industry for over 35 years are the qualified persons that have reviewed the technical information contained in this press release.

[Ramses2I]

Antwort auf Beitrag Nr.: 32.996.515 von Ramses2I am 09.01.08 18:12:17

“We are pleased that our partners have approved Mellah in the Grombalia Permit as the next well location and, with the civil works starting immediately, the site will be ready for the rig to relocate to once the Zita-1 sidetrack is complete.”

Vielleicht wird ja doch noch was aus Tunesien im Laufe des Jahres...

[Ramses2I]

07:00 17-Jan-08

Appointment of VP Geophysics and VP Geology


Circle Oil plc the international oil and gas exploration and development company, is pleased to announce the appointments of Mr. Adrian Burrows and Dr. Stuart Harker as Vice Presidents of Geophysics and Geology respectively.

Adrian is a geophysicist with 27 years experience with major operators (including 8 years as Chief Geophysicist in international offices in Madagascar, Netherlands and Argentina), and subsequently 7 years as a consultant establishing and managing branch offices in Aberdeen. He has an extremely broad experience covering operations, processing, interpretation, and project management. He has worked on both exploration and production projects and has been responsible for data management and software development. He has also led teams to successful outcomes in operating companies and consultancies in discovering and developing oil and gas reserves.

Stuart is a petroleum geologist with cross disciplinary abilities and 31 years experience in exploration, development, well site operations and project management with major oil companies (28 years as Chief Geologist Mid-Far East for Occidental and UK Licences Manager for Total) and with consulting organisations. He has a record as an oil finder in many different geological environments and cultural settings. Stuart has published extensively on North Sea exploration and field development and is an Honorary Lecturer in Petroleum Geology at Aberdeen University, and a Total Innovation Award Prize-Winner in 2003.

Adrian and Stuart will be responsible for managing evaluations and operations for Circle Oil worldwide and they will report directly to Circle’s Technical Director, Prof. Chris Green.

Commenting on the appointments Prof. Chris Green, Technical Director Circle Oil, said:

''We are delighted to welcome Adrian and Stuart to Circle in these senior and important management positions, to be based in our UK Wokingham office. Our team in Wokingham, and our various Country Offices, is now staffed by very experienced, seasoned and well-respected professionals ready to cope with our extensive work programme for 2008 and beyond. We are all looking forward to an exciting year ahead pursuing both our projects in hand and a number of others that are currently under negotiation.''

[Ramses2I]

Da will jemand derzeit 60000 Shares von COP in Frankfurt für €uro 0,19 einsammlen...also meine gibt es für diesen jämerlichen Betrag nicht!

[Ramses2I]

29 January 2008

EGYPTIAN FARM-IN

Circle Oil the oil and gas exploration and development group, is today pleased to announce that Circle Oil Egypt Ltd (COEL), its wholly owned subsidiary, has signed a farm-in agreement covering the exploration and exploitation of hydrocarbons with Vegas Oil and Gas SA for the NW Gemsa Block in Egypt.

The agreement, which is subject to ratification by Egyptian General Petroleum Corporation (EGPC) and the Minister of Petroleum, will result in Circle Oil holding a 40% interest in the concession. Vegas Oil and Gas is operator with a 50% interest and Premier Oil plc 10%.

The NW Gemsa concession, which covers an area of over 400 square kilometers lies about 300 kilometers southeast of Cairo in a partially unexplored part of the Gulf of Suez Basin. It includes the Al Amir-1 well which discovered oil in April 2005. This well flowed 787 barrels of oil per day on test.

The concession agreement has recently entered its second phase of three and is valid for a further two and a half years. It has the right of conversion to a production licence of 20 years, plus extensions, in the event of commercial discoveries.

As part of the agreement Circle will contribute towards the cost of the Amir SE-1 exploration well which will target the Nubia Sandstone at a depth of 12,870 feet. The Nubia Sandstone is a well known producer within the Gulf of Suez Basin and in the area of the proposed Amir SE-1 exploration well, it is approximately 1200 feet thick. The drilling rig contract is due to be concluded shortly and the well is scheduled to commence drilling in early February 2008. The structure is a partial dip and fault closure and has an operator estimated potential of 100MMBO in situ based on the present outlined closure area.

Commenting on the farm-in agreement David Hough, CEO, Circle Oil plc said:

"This is another exciting farm-in for Circle Oil bringing with it the opportunity to develop a lasting relationship with a progressive Egyptian Oil Company. If successful, it will allow fast track appraisal and development of the field into an existing infrastructure. This is in line with our stated strategy which we are pursuing vigourously in order to further enhance Circle's position."

[Ramses2I]

Eventuell wird das ja noch was in Marokko:


http://www.kglpet.com/en/circle_oil2.html

http://www.circleoil.net/morocco.htm

Auf das ein oder andere Jahr kommt es doch wirklich nicht drauf an...oder?

[Ramses2I]

Warten auf Godot........................

[Ramses2I]

13 February 2008

SUCCESSFUL COMPLETION OF MOROCCAN SEISMIC SURVEY

Circle Oil plc the oil and gas exploration and development group, is today pleased to announce the successful completion of the 3D seismic acquisition programme in the Sebou and Gaddari areas of its concession in the Rharb Basin Morocco.

A total of 145 square kilometres of 3D seismic with a 12.5 metre bin size and 57 line kilometres of 2D seismic data have been acquired by PGS Onshore. The data processing including the application of iterative three term inversion processing is now underway. Preliminary results show very good data quality and clear indication of the first leads and potential prospects for drilling this summer.

Commenting on the news David Hough, CEO of Circle Oil said:

“The successful completion on schedule of the Sebou and Gaddari seismic survey acquisition helps us to maintain our momentum in the Rharb. We are very encouraged by the quality of the data obtained and anticipate the leads and prospects already seen will be firmed up for the start of drilling in the second quarter 2008. We will make further announcements regarding our Moroccan work programme once the data has been fully processed and interpreted.”

[Ramses2I]

Antwort auf Beitrag Nr.: 33.353.085 von Ramses2I am 13.02.08 12:28:04

Null Umsatz bis jetzt in Deutschland...kann doch nicht sein oder?

[Ramses2I]

Für die lange lange Wartezeit:

EAV - Fata Morgana

http://de.youtube.com/watch?v=iUGWkU70amQ&feature=related

[Ramses2I]

Also für €uro 0,183 gebe ich meine Shares nicht her...dass dies schon mal klar ist:


https://www.cortalconsors.de/euroWebDe/-?%24event=search&pat…


Da möchte ich sehr viel mehr sehen.

[Ramses2I]

Liegt irgendeine News für den aktuellen Anstieg vor...habe selber keine vorliegen.
Mal schauen, wann wir hier offiziel was erhalten.

[Ramses2I]

So wie es aussieht, gab es letzt Woche eine Präsentation bei Investoren. Aber eine offizielle Bestätigung liegt nicht vor.

Von dem ganzen warten bei COP schlafen mir regelmäßig die Füße ein.

[Ramses2I]

Also in London hat sich ja mittlerweile eine schöne W-Formation gebildet. Mal sehen, ob diese hält was sie verspricht. Es müssten jetzt mal endlich positive Meldungen zu Marokko und Tunesien eintreffen...würde dem Kurs bestimmt gut tun.

[Ramses2I]

Antwort auf Beitrag Nr.: 33.552.565 von Ramses2I am 05.03.08 07:55:13

Also in London hat sich ja mittlerweile eine schöne W-Formation gebildet.

In Deutschland zwar auch aber halt bei fast null Umsatz.

[Ramses2I]

05-Mar-08

Additional Listing

The Company has today made application for a total of 750,000 ordinary shares of €0.01 each ( “ New Shares”) to be admitted to the Alternative Investment Market (“AIM”) in connection with the payment of sales commissions relating to fundraisings before the Company’s admission to AIM.

Admission of the New Shares to AIM is expected to become effective on 11 March 2008. These ordinary shares will rank pari passu in all respects with the existing ordinary shares of the Company.

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Ramses2I]

Circle Oil


KGL Petroleum has bought an influential stake in Circle Oil. Circle Oil is a publicly traded international oil and gas exploration Company, currently with six Exploration & Production (E&P) licenses in Morocco, Tunisia, Oman, Namibia, and Panama. Incorporated in Ireland, the Company started operations in November, 2003. In October 2004, Circle Oil was listed on the Alternative Investment Market (“AIM”) of the London Stock Exchange. Today the Company has offices in Limerick, Ireland, Wokingham, England, and Houston, Texas, USA.

http://www.kglpet.com/en/circle_oil2.html

[Ramses2I]

Was kommt da auf uns zu aus Bahrain?



date: 05 03, 2008

DR. MIRZA MEETS OIL OFFICIALS


MANAMA, MAR. 5 (BNA) -- MINISTER OF OIL AND GAS AND CHAIRMAN OF OIL AND GAS AUTHORITY DR. ABDULHOSSEIN ALI MIRZA RECEIVED HERE ON WEDNESDAY REGIONAL DIRECTOR OF SHELL-SAUDI ARABIA MICHEL FAURE, ACCOMPANIED BY THE BUSINESS DEVELOPMENT DIRECTOR.
THEY DISCUSSED THE PROJECTS SHELL WAS IMPLEMENTING IN THE REGION AND THE AVAILABLE OIL AND GAS BUSINESS OPPORTUNITIES IN BAHRAIN. DR. MIRZA ALSO RECEIVED CIRCLE OIL LIMITED TECHNICAL DIRECTOR- AMMAN AND MIDDLE EAST- CHRIS GREEN, ACCOMPANIED BY REGIONAL DIRECTOR HASSAN ALLUWATI. THEY REVIEWED OIL-RELATED ISSUES AND BAHRAINS ACCOMPLISHMENTS IN THE FIELD SINCE THE FOUNDATION OF NOGA.

...

http://english.bna.bh/?ID=67640

[Ramses2I]

18 MARCH 2008


EGYPT DRILLING UPDATE


Circle Oil plc (AIM: COP), the oil and gas exploration and development group, is today pleased to announce the commencement of drilling operations on its Al-Amir SE-1 exploration well in the NW Gemsa Concession, Egypt (40% working interest). The drilling has commenced later than scheduled due to late delivery of the drilling rig. As previously announced on 29 January 2008, the exploration well is targeting the Nubia Sandstone at a prognosed depth of 12,870 feet.

Further announcements will be made as appropriate.

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Ramses2I]

01 APRIL 2008

TUNISIA DRILLING UPDATE

Circle Oil Plc the international oil and gas exploration and development group, is today pleased to announce the commencement of drilling operations on its Zita-1 Sidetrack well in the Ras Mamour Concession, Tunisia (23% working interest). Drilling commenced later than scheduled due to site preparations and continuing pressure on the availability of directional drilling and gyro equipment. Directional drilling is being carried out by Dowell-Schlumberger.

Further announcements will be made as appropriate.

David Hough, CEO of Circle Oil, commented:

“I am delighted that drilling of the Zita-1 sidetrack is now underway. With the Al-Amir SE-1 exploration well in Egypt, which was spudded in March, Circle has an interest in two wells currently being drilled.”

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Ramses2I]

3 April 2008

Director/PDMR Shareholding Notification

The Company has been advised that Mr Rafat Rizvi, a director of the Company, purchased 50,000 ordinary shares at Stg 19.5 pence on 1 April and a further 150,000 ordinary shares at Stg 20.5 pence on 2 April representing in total 0.12% of the Company’s issued capital.

Following this transaction, Mr Rizvi has a beneficial interest in approximately 0.28% of the Company’s issued share capital.

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Ramses2I]

Antwort auf Beitrag Nr.: 33.800.656 von Ramses2I am 03.04.08 16:32:32

Rafat A. Rizvi, Non-executive Director

Mr. Rizvi is co-founder and Managing Director of First Capital Management Limited, a Mauritius-based asset manager, where he is primarily responsible for the management of the ‘First Global Funds’ family of funds. Mr. Rizvi is also the CEO and Chairman of Boston Holdings and Finance a diversified holding company through which he manages his personal investments. In December 2006, Mr. Rizvi was appointed to the Board of the Dubai headquartered Signature Group, a financial and investment company operating in the Middle East, South Asia and Sub Continent in the fields of real estate, energy, infrastructure and media.

Before establishing First Capital Management, Mr. Rizvi spent several years in London and Singapore with PaineWebber where he was Managing Director and Head of non-Japan Asia Fixed Income business where he established a significant Asia fixed-income franchise. Prior to that Mr. Rizvi was a senior executive in the treasury Division of Saudi American Bank (Citibank) in Riyadh. Mr. Rizvi has a B.Sc.(Hons) Chemistry from the University of Essex and is a UK national. He is a member of the Singapore YPO chapter.

http://www.circleoil.net/boardofdirectors.htm

[Ramses2I]

7 April 2008

Director/PDMR Shareholding Notification

The Company has been advised that Mr Rafat Rizvi, a director of the Company, purchased a further 200,000 ordinary shares at Stg 24 pence on 4 April representing 0.12% of the Company’s issued capital.

Following this transaction, Mr Rizvi has a beneficial interest in approximately 0.40 % of the Company’s issued share capital.

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Ramses2I]

Marokko wir kommen!

[Ramses2I]

In London steigen wir aktuell über 8 Prozent...was ist da los?

[Ramses2I]

Habe den Eindruck, dass sich derzeit bei Circle Oil etwas zusammen braut.
Marokko kann dies vermutlich nicht sein. Hier wird es erst ab Juni richtig los gehen.

Auf alle Fälle gebe ich meine Shares nicht für diesen Spottpreis her.

[Ramses2I]

[Ramses2I]

Und auch in Deutschland steigt der Kurs...bei immer noch NULL Umsatz.
Bin gespannt, wann hier die Meldung veröffentlicht wird, die für den derzeitigen Kursanstieg verantwortlich ist!

[Ramses2I]

Antwort auf Beitrag Nr.: 33.910.147 von Ramses2I am 17.04.08 17:07:50

In London steht aktuell ein Plus von fast 8 % zu Buche...und das nach den Steigerungen der letzten Tage!

[Ramses2I]

Eventuell kommt hier ja die nächsten Tage ein weiterer roter Kreis dazu?

[Ramses2I]

Und weitere 6 % in London im Plus!
Was passiert hier aktuell hinter den Kulissen?

[Ramses2I]

Antwort auf Beitrag Nr.: 33.914.776 von Ramses2I am 18.04.08 08:33:10

Dem Kurs und mir würde ja ein roter Kreis im Irak gefallen!

[Ramses2I]

Oman Block 49

An Exploration and Production Sharing Agreement between the Sultanate of Oman and Circle Oil Oman Ltd. on Block 49 was negotiated and signed in June 2005. The agreement calls for three years of seismic and potential-fields data acquisition and analysis, followed by two, optional extensions, of eighteen months each, which would involve further data acquisition as well as drilling campaigns.

The block occupies an area of 15,438 km2 and is located in the Rub Al Khali Basin. Circle Oil has done a full inventory of all historic data on the area and has transfered a considerable portion of the 11,438 km seismic and 18,087 km of aeromagnetics to Houston for reinterpretation. This work began late last year and is ongoing.

To date, two main play concepts are being pursued: the Sahmah play and the Lower Haima/Huqf play. The Samah play in the Rub Al Khali Basin in Saudi Arabia has been a major provider of hydrocarbons for many years and the Company is hopeful that this play extends into the north of Block 49.

Several billion barrels of oil have been discovered in Proterozoic/Cambrian reservoirs associated with the Ara Salt in the South Oman Basin to the southeast of the block. There is evidence of the presence of a similar salt basin beneath the western part of Block 49. This new salt basin has been named the Ghudun Salt Basin and the exploration programme for Block 49 has the two-fold objective of confirming the extent of salt and delineating likely targets for drilling.

The aerogravity/magnetic acquisition programme has been completed by Fugro and data analysis during 2007 including gravity/magnetic modelling has given further positive evidence of the presence of the Ghudun Salt Basin. An Environmental Impact Assessment has also been completed in 2007 as a precursor to planning new seismic acquisition aimed at imaging prospective targets in the southern half of the block especially within any Salt Basin.

http://www.circleoil.net/omanblock49.htm

[Ramses2I]

Wenn in Deutschland eine größere Order im System zu sehen ist, werden komischerweise immer 40.000 angefragt...
und das bereits seit Monaten.

Aber ich lass mich nicht auf die Schippe nehmen.

[Ramses2I]

Oman Block 52

An Exploration and Production Sharing Agreement between the Sultanate of Oman and Circle Oil Oman Offshore Ltd for Block 52 was negotiated and signed in September 2005. This agreement calls for the acquisition and analysis of 2D seismic data during the first three years. Two optional extensions, each of three years, will involve further seismic data acquisition as well as drilling campaigns.

The block occupies an area of 90,760 km2 with water depths ranging from 200-3500m. Copies of the 10,540 km of previously acquired 2D seismic have been obtained, along with the associated gravity and magnetic data. Three wells have been drilled prior to the granting of the licence to Circle.

A satellite based seep study was commissioned in 2006; the results of these studies and our ongoing reinterpretation utilising both historic and new data indicates three different exploration opportunities may exist within the block. Existing gravity and magnetic data has also been interpreted. In 2007 a comprehensive regional 2D survey was completed for Circle by TGS-NOPEC. This data has been processed and the data is now being interpreted inhouse to produce a full report utilizing both both the historic and new datasets.

The three play areas are:
1. an inboard basin, which is southwestern extension of the Masirah Trough, that has seen most of the seismic activity and all off the drilling. The basin appears to be at least Tertiary and possibly older in age; two of the wells confirm that the basement highs have been stripped of pre-Jurrasic sediments, while the third well and the seismic suggest that the potentially prolific Huqf sequence may be preserved off the highs.

2. a thrusted ophiolite (ocean crust) has been emplaced along part of the shelf and the possibility is good that large structures, again with the Huqf sequence preserved, may be present beneath the ophiolite.
3. a large, deep Tertiary Basin in the western half of the block. Current seismic control demonstrates the presence of mini-basins which probably received deep water sediments delivered through submarine canyons. This unexplored basin was created by the rifting which opened the Gulf of Aden; the sediment would have been derived from the granitic and Paleozoic rocks exposed along the coasts of Oman and Yemen.

Oman Block 52An Exploration and Production Sharing Agreement…

[Ramses2I]

Heute könnte Circle Oil dick ins Plus drehen!




Kann natürlich auch sein, dass es noch ein paar Monate dauert...

[Ramses2I]

Oil Exploration Booms

Oil exploration in the Sultanate of Oman has shifted into high gear, following the recent signing of exploration and production sharing agreements with a large number of international oil & gas firms. The entire Sultanate is now subject to some form of exploration activity, apart from two remaining blocks.

Extensive efforts to boost oil production are also underway, with the implementation of various enhanced oil recovery (EOR) techniques in many mature fields including Mukhaizna and Harweel. To enable it to focus on its portfolio of large fields, which account for over 80% of Oman's total oil production, Petroleum Development Oman (PDO) has recently signed agreements with other companies for the development of its clusters of small fields.

...

http://www.ogwaexpo.com/exhibitor_oil_exploration_boom.shtml

[Ramses2I]

[Ramses2I]

Antwort auf Beitrag Nr.: 33.933.916 von Ramses2I am 21.04.08 16:46:36

Wenn in Deutschland eine größere Order im System zu sehen ist, werden komischerweise immer 40.000 angefragt...
und das bereits seit Monaten.

Und es stehen wieder die angesprochenen 40.000 Shares im System - diesmal in Stuttgart!

[Ramses2I]

Kapitalbesitzer werden an Peak Oil enorm verdienen:

Steigende Ölpreise ( = steigende Gewinne von Energieunternehmen )
Steigende Rohstoffpreise für Gold, Silber, Industriemetalle, Sojakomplex, Zucker
Neue Industriezweige, quasi eine "New Alternative Economy" mit Solar, Ethanol, Wasserstoff, Kohleverflüssigung
Stark schwankende Börsenentwicklung, die von der Hedgefond Industrie ausgenutzt wird

Die Idee muß sein, so zu investieren, daß die Effekte der Ölkrise neutralisiert werden. Das kann sinnvoll über den Finanzmarkt stattfinden.

...

http://www.peakofoil.de/#peak%20oil%20gegenstrategie

[Ramses2I]

Antwort auf Beitrag Nr.: 34.111.081 von Ramses2I am 16.05.08 15:19:22

Schönes Buch zum Thema Peak Oil:

[Ramses2I]

18. Mai 2008

Bis 2020 - Öl beschert Golf-Staaten sechs Billionen Dollar





Es ist eine gigantische Summe: Nach einer Schätzung des DIHK werden die Golf-Staaten wie Saudi-Arabien und die Emirate bis 2020 rund sechs Billionen Dollar einnehmen – nur durch den Verkauf von Öl. Nun will Finanzminister Steinbrück das Geld zurück nach Deutschland holen.

...

http://www.welt.de/wirtschaft/article2007337/Oel_beschert_Go…

[Ramses2I]

Antwort auf Beitrag Nr.: 33.948.301 von Ramses2I am 23.04.08 08:18:04

Oil exploration in the Sultanate of Oman



www.nationalflaggen.de

[Ramses2I]

Ölpreis steigt über 130 Dollar

Öl bricht jeden Tag Rekorde. Analysten rechnen damit, dass sich die Rally fortsetzt. Auf dem physischen Markt gibt es jedoch inzwischen ein Überangebot. Der Iran findet für das schwarze Gold keine Käufer mehr. Shell stoppt den Betrieb einer Raffinerie.

Der Ölpreis setzt seine Rally fort. Am Mittwoch stiegen die Notierungen auf über 130 $ je Barrel (entspricht 159 Litern). Den Anstieg begründen Händler mit der anhaltend hohen Nachfrage aus Schwellenländern wie China, dem begrenzten Angebot aus Ländern, die nicht zur Organisation Erdöl exportierender Länder (Opec) gehören, und dem anhaltend hohen Interesse der Finanzinvestoren.

...

http://www.ftde.de/boersen_maerkte/aktien/marktberichte/:%D6…

[Ramses2I]

Die verzweifelte Suche nach Öl

Eine Lagerstätte anzapfen und diese dann jahrzehntelang ausbeuten - so einfach ist die Suche nach Erdöl heute nicht mehr. FTD-Online zeigt, was sich Ölfördergesellschaften einfallen lassen müssen - und auf welche Alternativen sie setzen.

...

http://www.ftde.de/unternehmen/industrie/344387.html

[Ramses2I]

4. Juni 2008

Das OPEC-Kartell wird kleiner. Indonesien ist zukünftig nicht mehr dabei. Das Land verbraucht sein Öl selbst, kann nichts mehr exportieren.

...

http://www.mmnews.de/index.php/20080604455/Rohstoffe/Indones…

[Ramses2I]

TUNISIA DRILLING UPDATE

[Ramses2I]

17 June 2008

Oman Block 49 First Extension Granted

Circle Oil plc (AIM:COP), the international oil and gas exploration and development company, is pleased to announce the granting of permission for the first extension period for its Block 49 permit in the Sultanate of Oman commencing July 1st 2008.

Circle has completed extensive reprocessing and interpretation of pre-existing seismic and gravity/magnetics data from the Block. The seismic and old well data have also been used as an aid to complete detailed 3D gravity modeling for the permit. The combination of the data sets has provided further evidence supporting our geological model which indicates the existence of a substantial salt basin in the southern half of Block 49. Stratigraphy and geological depositional history appear to be analogous to the South Oman Salt Basin.

In order to image any potential structures within the proposed salt basin and its flanks, Circle sought and has been granted permission to merge the two 2D seismic acquisitions for the original and first extension period into one larger 3D seismic acquisition. The acquisition of a closely sampled 3D seismic survey will allow imaging of any structures, such as salt stringers within the postulated salt basin. Historically it has been shown that these are not adequately imaged by 2D datasets. Imaging of the flanks of the basin is particularly important as these have also historically been shown to be important areas for hydrocarbon trapping.

The 3D survey will cover an area of approximately 900 square kilometers and subsequent processing and analysis will result in the development of any prospects for early drilling.

Commenting on the results David Hough, CEO of Circle Oil, said:

"The granting of this permission by the Omani Oil & Gas Ministry and movement to the first extension period is a major step in preparing the block for intensive seismic surveying and subsequent drilling. The work completed recently by our technical staff has further enhanced our belief in the prospectivity of the southern half of the permit. Neighboring wells continue to make substantial discoveries in analogous geological situations and we are very encouraged by these results. I would like to thank the Omani Ministry of Oil & Gas for their interest and support for our work and play concept, and for granting the extension to enable us to pursue this exciting area."

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Ramses2I]

19 June 2008


Mahdia Permit, Tunisia

Circle Oil plc (AIM:COP), the international oil and gas exploration and development company, is pleased to announce the signing of a farm-in agreement to the Mahdia Permit offshore Tunisia with Tethys Oil and Mining Ltd. The Mahdia permit covers an area of 3780 square kilometres and is bounded by the Nabeul Permit to the north and the territorial boundary with theislandofLampedusa(Italy) to the east. Historically the geology and potential of this and the surrounding offshore area was successfully explored by Shell and Total and previous exploration has resulted in discoveries and commercial oilfields including fields such as Tazerka, Birsa, Oudna, Halk El Menzel and Isis.

Following the farm-in, Circle will hold a 70% working interest in the permit. Circle will become operator once the acquisition of 500 kilometres of additional 2D marine seismic is complete, prior to the commencement of any drilling in the permit. The permit commitments require the acquisition of 500 kilometres of 2D seismic in the first two years of the licence which commenced July 2007 and the drilling of one commitment well in the subsequent three years to 2012. The permit contains multiple undrilled prospects which have already been mapped from the existing datasets. The additional seismic will be used to enhance ranking and prioritization of these prospects prior to drilling.

Commenting on the results David Hough, CEO of Circle Oil, said:

"We are particularly pleased to be able to announce this farm-in offshore Tunisia. The acreage is well known to two of our senior management who worked this geology in their earlier careers. Many of the main undrilled prospects in Mahdia are already mapped and this play has proven success. These prospects remained undrilled due to their size and historic lower oil prices, but they are now very commercial. With good potential reserves they are now definitely worth pursuing. The farm-in further enhances our position in Tunisia and the region generally. We are pleased to be a part of the effort to establish Tunisia as a substantial oil producer."

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Ramses2I]

Antwort auf Beitrag Nr.: 34.331.980 von Ramses2I am 19.06.08 12:23:28

Tiddler to watch

Circle Oil rose ¼p to 29¼p, after taking a 70 per cent stake in a licence offshore Tunisia. The area was previously successfully explored by Shell and Total but left undrilled because of its size and lower prices. With reserves estimated at about 50 million barrels, and oil at record highs, it could be material for Circle.

...

http://business.timesonline.co.uk/tol/business/markets/artic…

[Ramses2I]

27 June 2008: Preliminary results for the year ended 31 December 2007

http://www.circleoil.net/27June2008.htm

[Ramses2I]

Antwort auf Beitrag Nr.: 34.411.309 von Ramses2I am 01.07.08 12:44:37

Annual Report 2007

http://www.circleoil.net/downloads/AR%202007%20Circle%20Oil.…

[Ramses2I]

Was ist da heute in Stuttgart los... hat da jemand ausversehen zu viel gezahlt oder hat derjenige Infos die der Markt noch nicht hat?

[Ramses2I]

Habe mich dazu entschieden Circle Oil zu helfen und werde der Firma auf der Suche nach Öl unter die Arme greifen:

[Ramses2I]

Antwort auf Beitrag Nr.: 34.736.772 von Ramses2I am 15.08.08 14:52:46

Also bei diesem Versuch habe ich anscheinend kein Öl gefunden.
Ich probiere es einfach noch mal aus - diesmal setze ich aber mit meinem Bohrer etwas tiefer an...ich weiß auch schon wie:



Oman

[Ramses2I]

Nach den letzten News ging es ja ein paar Wochen später wieder steil abwärts...mal schauen wie es diesmal läuft.


27 August 2008

Production to Commence in Morocco

Circle Oil Plc, the international oil and gas exploration and development company, is pleased to announce that it has completed the acquisition of a 60% interest in the Oulad N'Zala Permit in the Rharb Basin, Morocco. Office Nationale des Hydrocarbures et des Mines ("ONHYM") holds 40% of the permit. This permit contains the ONZ4 gas discovery well, which has now been tied into the local gas infrastructure.

Following a meeting of the partners it has been agreed that Circle is scheduled to commence production from the ONZ4 well on 15 September 2008.

...

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Ramses2I]

Aktuell kann man Circle Oil in London 10 Prozent günstiger kaufen als in Deutschland - was die Käufer wohl auch berücksichtigen.
Immer noch NULL Umsatz bei steil anziehenden Kursen hier wie dort.

Mal sehen was das AGM in der kommenden Woche für News mitsich bringen wird.

[Ramses2I]

6 Monatschart UK

[Ramses2I]

05 September 2008

£33 MILLION PRIVATE PLACING LIBYA OIL HOLDINGS LTD BECOMES MAJOR SHAREHOLDER

Circle Oil Plc, the international oil and gas exploration and development company, is pleased to announce that the Company has successfully raised £33 million by way of a placing of 173,684,211 new ordinary shares (the "New Shares") at a price of 19 each.

...

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Ramses2I]

Antwort auf Beitrag Nr.: 34.994.617 von Ramses2I am 05.09.08 12:25:05

Da hilft auch das folgende Interview heute erst mal nichts - der Kurs liegt aktuell mit fast 9 Prozent im Minus:

"When talks began the shares were under 19 pence," said Hough. "But they have crept up in recent weeks and following the news of our 60 percent investment in the Rharb Basin in Morocoo they have recently been trading at around 20-23 pence," he continued.

...

http://uk.reuters.com/article/oilRpt/idUKWLA911220080905

[Ramses2I]

Antwort auf Beitrag Nr.: 34.994.617 von Ramses2I am 05.09.08 12:25:05

new ordinary shares at a price of 19 each.

Da kann der Kurs von Circle Oil noch sehr weit fallen...
und das wo die Aktie meinem Depot so gut tut.

[Ramses2I]

Kann mir sehr gut vorstellen, dass der Kurs am Montag bis auf 25 Pence in London durchgereicht wird.

[Ramses2I]

Da haben die Anleger wohl mehr erwartet...in London gibt es zu der nachstehenden Meldung fast keine Bewegung (leicht im Minus):


09 September 2008

CIRCLE OIL SIGNS FARM-OUT AGREEMENT ON ITS NAMIBIAN LICENCE

Circle Oil plc, the international oil and gas exploration and development company, is pleased to announce that it has signed a farm-out agreement on its Ovambo Basin licence in Northern Namibia with Petroholland Ltd, a Dubai holding company, with interests in both the upstream and downstream oil and gas industry. The licence covers an area of over 70,000 square kilometres immediately to the south of the Angola Namibia border.

...

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Ramses2I]

Antwort auf Beitrag Nr.: 34.994.617 von Ramses2I am 05.09.08 12:25:05

Dann wird der Aktienkurs sicher bald wieder zurück kommen...alles andere würde mich doch sehr wundern:

"The New Shares will be admitted to trading on AIM at 08.00 on Wednesday 10 September 2009. Following admittance of the New Shares, Circle will have 337,131,411 ordinary shares in issue."

...

http://www.ameinfo.com/168071.html

[Ramses2I]

Das ist eine riesige Verwässerung bei COP die wir da aktuell sehen. Wenn ich richtig liege wird sich die Aktienzahl fast verdoppeln und das Ergebnis von den Bohrungen die vorgenommen werden steht natürlich völlig offen.

[Ramses2I]

3 October 2008


Drilling Update: NW Gemsa Concession, Al Amir SE-1 ST Discovery

Circle Oil Plc the international oil and gas exploration and development company, is pleased to announce that the Al Amir SE-1 sidetrack well has been drilled in the onshore North West Gemsa Concession, Egypt.

The Company is delighted to confirm a discovery in the Kareem Formation sandstones, with the well testing 41° API oil and gas at sustained rates of 3,388 bopd and 4.25 MMscfd using a 64/64' choke. The well, which had been sidetracked after operational difficulties, is currently being completed as a potential producer.

...

http://www.investegate.co.uk/Article.aspx?id=200810030929590…

[Ramses2I]

October 12 2008

Slippery time for Circle Oil

THE collapse of the Iceland banking system last week will hit Irish exploration firm Circle Oil.

...

http://www.independent.ie/business/irish/slippery-time-for-c…

[Ramses2I]

Und mit der Info ist das Grombalia Permit wohl gestorben und erklärt auch den aktuellen Kursverlauf:


01 December 2008
OPERATING UPDATE - Morocco and Tunisia


Circle Oil Plc the international oil and gas exploration and development company, today announced the following operating update.

...

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Ramses2I]

Tunisia

Grombalia Permit; Serdouk exploration well

The Serdouk exploration well has been completed and logged to the targets in the Bou Dabbous and Abiod formations with a target depth of 1620 metres. The well confirmed the prospect stratigraphy and structure but no oil shows were encountered. Logging and sampling indicates a lack of permeability leaving the formations "tight". The well has been plugged and abandoned.

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Ramses2I]

Ob man das Geld durch die Pleite einer Bank oder durch den Kursverfall von fast allen Aktien verliert ist doch im Grunde völlig egal. Eventuell bekomm ich als Circle Oil Aktionär auch eine Entschädigung von der Merkel bezahlt...vielleicht rufe ich die Angie heute Abend mal an!


24. November 2008
Finanzkrise
Kritik an Staatshilfe für Kaupthing-Geschädigte

Die Hilfe des deutschen Staates für deutsche Kunden der isländischen Kaupthing-Bank wird unter deutschen Banken kontrovers diskutiert. Verärgert hat sich Klaus-Peter Müller, Präsident des Bundesverbandes der deutschen privaten Banken, über die Entscheidung der Bundesregierung gezeigt.

...

http://www.faz.net/s/RubBD6B20C3D01A48D58DA92331B0A80BC3/Doc…

[Ramses2I]

Wünsche allen Cirle Oil Aktionären (wenn es in Deutschland außer mir noch jemanden gibt) ein erfolgreichen Jahr 2009!

[Ramses2I]

Der aktuelle Kursverlauf in London stimmt mich sehr positiv für die Zukunft...

[Ramses2I]

Und hier die News:

15th January 2009

Appraisal Well Discovery on NW Gemsa Concession, Egypt


Circle Oil plc the international oil and gas exploration and development company, is pleased to announce that the Al Amir SE-2X appraisal well has been drilled in the onshore North West Gemsa Concession in Egypt.

Circle is delighted to confirm a discovery in the Kareem Formation (the "Formation") sandstones, with the well testing 41° API oil and gas at sustained average rates of 5,785 bopd and 7.8 MMscfd using a 64/64" choke from the lower of two identified pay zones. The well, which is the first appraisal well to be drilled on the Al-Amir SE-1 ST discovery, is currently being completed as a potential producer.

...

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Ramses2I]

Mal sehen welche News auf die Meldung aus Ägypten folgen.

[Ramses2I]

Thu Jan 15, 2009
UPDATE 1-Circle Oil reports oil, gas discoveries in Egypt

Jan 15 (Reuters) - Circle Oil Plc said on Thursday it had discovered oil and gas at one of its appraisal wells in the onshore North West Gemsa Concession in Egypt, in which it has a 40 percent stake.

The company has now discovered commercial hydrocarbons in five of the last six wells drilled, the oil and gas explorer said in a statement.

...

http://www.reuters.com/article/rbssOilGasExplorationProducti…

[Ramses2I]

Mal sehen wann die nächste RNS über den Ticker läuft.

[Ramses2I]

Afrikas Öl weckt Begehrlichkeiten


Im ölreichen Norden des Kontinents ist Newcomer Libyen mit nachgewiesenen 39 Milliarden Barrel nach fast zwei Jahrzehnten ökonomischer Isolation das neue Hätschelkind der Konzerne.

...

http://www.stern.de/wirtschaft/unternehmen/:Energiepreise-Af…

[Ramses2I]

Dem Käufer heute in Stuttgart hat die Info aus London wohl gefallen:

16 February 2009

Drilling Update - Further Gas Discovery in Morocco

Circle Oil plc the international oil and gas exploration, development and production company is delighted to announce that the KSR-8 well in the Sebou permit in the Rharb Basin in Morocco has been successfully drilled, logged and tested.

...

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Ramses2I]

Ich fange schon mal mit den nötigen Bauarbeiten in Marokko und Ägypten an:

[Ramses2I]

Und zu der News vom 16. Februar ein Artikel in der IrishTimes:


February 16, 2009

Circle Oil reports third gas discovery in Morocco

Circle Oil, an Irish explorer operating in Africa, said it has made a third gas discovery in Morocco after it successfully drilled and tested a well northeast of Rabat.

The Limerick-based company said the KSR-8 well in the Sebou permit of the Rharb Basin, in which it holds a 75 per cent share, was tested in two zones.

...


http://www.irishtimes.com/newspaper/breaking/2009/0216/break…

[Ramses2I]

Ich freue mich schon auf den Montag wenn die Börsen wieder öffnen...

[Ramses2I]

Antwort auf Beitrag Nr.: 36.674.195 von Ramses2I am 28.02.09 18:10:00

03.01.09

Circle Oil says initial 1,450 bopd at Egypt ops

Oil and gas exploration company, Circle Oil Plc announced its first oil production in Egypt at the Al Amir Development Lease area in the North West Gemsa Permit.

...

http://www.forbes.com/feeds/afx/2009/03/01/afx6110110.html

[Ramses2I]

[Ramses2I]

Circle Oil defies the gloom over the black stuff

http://www.independent.co.uk/money/invest-save/derek-pain-ci…

[Ramses2I]

Ich warte hier ja bereits seit Jahren das Cirle Oil sich endlich mal eine neue Homepage leistet...
dies wird wirklich langsam Zeit. Die ist ja schlechter als die Site von der Dönerbude um die Ecke.

[Ramses2I]

Da kommt ganz sicher bald eine News...

[Ramses2I]

Antwort auf Beitrag Nr.: 36.867.435 von Ramses2I am 27.03.09 17:28:06

Aber wann?

[Ramses2I]

Kaupthing-Anleger wollen Geld zurück

http://www.ftd.de/unternehmen/finanzdienstleister/:Kaupthing…

Kann ich irgendwie nicht 100 % verstehen...
wer höhere Zinsen einfahren wollte hätte ebenso auf die höheren Risiken achten müssen.

[Ramses2I]

Und in London steigt Circle Oil immer noch ohne eine News...mal sehen wie lange diese noch auf sich warten lässt.

[Ramses2I]

15 April 2009

CIRCLE OIL PLC - MOROCCO UPDATE




Circle Oil plc the international oil and gas exploration and production company, is pleased to announce that drilling and tie in operations in its Sebou and Oulad N'Zala licences in the Rharb Basin, Morocco are now back on track with the spudding of the DRJ-6 well in the Sebou permit in the past few days. As previously announced, these operations were delayed due to very severe flooding in the area over the past months.

...

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Ramses2I]

Antwort auf Beitrag Nr.: 36.973.448 von Ramses2I am 15.04.09 17:29:09

[Ramses2I]

April 15, 2009

Circle says Moroccan projects on schedule

Oil and gas exploration group Circle Oil said its Sebou and Oulad N’Zala projects in Morocco's Rharb Basin are back on schedule after flooding caused delays.

...

http://www.irishtimes.com/newspaper/breaking/2009/0415/break…

[Ramses2I]

Circle Oil steigt in London um weitere 10 %...und in Deutschland ist immer noch kein Umsatz zu vermelden.

[Ramses2I]

23 April 2009.


MOROCCO DRILLING UPDATE
WELL DRJ-6 COMPLETED


Circle Oil plc the international oil and gas exploration and production company, is pleased to announce that drilling and logging operations in its DRJ-6 well in the Sebou licence in the Rharb Basin have been completed.

...

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Ramses2I]

Und hier kommt die nächste News von Circle Oil:


24 April 2009

BOARD APPOINTMENT

Circle Oil Plc the international oil and gas exploration, development and production company is pleased to announce the appointment of Mr. Ramadan Aburawi to its Board as a non-executive director with immediate effect.

...

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…



Ich persönliche finde ja die Verbindung von Mr. Ramadan Aburawi zur Libya Oil Holdings Limited sehr vielversprechend.

[Ramses2I]

Langsam aber sicher erreichen wir mit Circle Oil das 52 Wochenhoch.
Gestern gab es ja in Frankfurt bereits einen sehr großen Kauf...

[Ramses2I]

[Ramses2I]

Circle pushes back Sebou tests

AIM-listed Circle Oil has postponed flow testing at the DRJ-6 well, in the Sebou licence in Morocco's onshore play, but added the well has hit gas-bearing sands.

...

http://www.upstreamonline.com/live/article176529.ece

[Ramses2I]

Dies werte ich jetzt einfach mal positiv:

01 May 2009

Registered Office

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Ramses2I]

Am 5. Mai gab es bei Circle Oil mal wieder einen großen Kauf in Deutschland - diesmal in Frankfurt.

[Ramses2I]

Bei dem ganzen Trubel hier im Thread werde ich ganz müde...

[Ramses2I]

Da sich ja zumindestens ein Investierter um neue Meldungen von Circle Oil kümmern sollte,
übernehne ich mit folgender News vom 19. Mai diese Pflicht:



19 May 2009


Drilling Update
Discovery in Geyad-1X on NW Gemsa Concession, Egypt

Circle Oil plc the international oil and gas exploration and development company, is pleased to announce initial results from the Geyad-1X exploration well which has been successfully drilled in the onshore North West Gemsa Concession in Egypt.

Circle is delighted to confirm a discovery in the Kareem Formation sandstones with the well testing 40° API oil and gas at a sustained average combined rate from two pay zones of 2,809 bopd and 3.04 MMscfd using a 64/64" choke.

...

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Ramses2I]

Eine weitere News vom 3. Juni bezüglich Marokko:

03 June 2009


Drilling Update
Discovery in Well CGD-10, Sebou Permit, Rharb Basin, Morocco

Circle Oil plc the international oil and gas exploration and development company, is pleased to announce that the CGD-10 exploration well has been drilled, logged and successfully tested in the Sebou Permit, Morocco.

...

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

[Ramses2I]

03-Jun-2009
Morocco announces new gas discovery

http://www.londonstockexchange.com/exchange/prices-and-news/…

[Ramses2I]

Die internatiola Presse wird langsam aber sicher aufmerksam auf Circle Oil:



19. Mai 2009
AKTIEN IM BLICK 13-Öl- und Gasfund beflügelt Circle Oil

http://de.reuters.com/article/deEuroRpt/idDELJ46635120090519

[Ramses2I]

19 June 2009

Drilling Update
Discovery in Well KSR-9, Sebou Permit, Rharb Basin, Morocco

Circle Oil plc (AIM: COP), the international oil and gas exploration, development and production company, is pleased to announce that the KSR-9 exploration well has been successfully drilled, logged and tested in the Sebou Permit, Morocco. The Company confirms a discovery in the Mid and Lower Gaddari and Upper Guebbas sequences with the well testing gas at sustained rates from two tested zones.


...

http://www.circleoil.net/19June2009.htm

[Ramses2I]

22 June 2009:

Preliminary Results
Circle Oil Plc and its Subsidiaries ("Circle" or the "Group")
Preliminary results for the year ended 31 December 2008

Circle Oil plc the international oil and gas exploration, development and production company, is pleased to announce its results for the year ended 31 December 2008.


...

http://www.circleoil.net/22June2009.htm

[Ramses2I]

26 June 2009
Circle Oil boosts reserves

Last year marked a turning point for Circle Oil - that's when then it turned from being a pure exploration play into a producer of both oil and gas. Indeed, for much of its history the group has slipped under most investors' radars. But its success rate at finding commercially viable oil and gas deposits really began attracting attention last September when a £33m fund raising prompted Libya Oil Holdings to take a 28.7 per cent stake.

...

http://www.investorschronicle.co.uk/Companies/ByEvent/Result…

[Ramses2I]

Circle Oil

Our view: Buy

Share price: 32.75p (-0.75p)

Just over a year ago, a barrel of oil, should you wish to have bought one, would have cost you $147.

At around that point it probably was not the dumbest punt to put money into the oil companies. The producers were clearly raking it in, and even investors in the smaller exploration groups could expect a fantastic payday if their bet found some black stuff.

...

http://www.independent.co.uk/news/business/sharewatch/invest…

[Ramses2I]

We have raised our target price on Circle Oil from £0.62 to £0.72, a 130% upside to current share price.

http://www.fox-davies.com/research/recommendations.aspx

[Ramses2I]

Antwort auf Beitrag Nr.: 37.556.177 von Ramses2I am 12.07.09 12:13:03

Friday, July 10, 2009
Circle Oil price target raised at FD Capital, still says ‘buy’

http://www.proactiveinvestors.co.uk/companies/news/6577/circ…

[Ramses2I]

[Ramses2I]

Derzeit arbeitet die PR-Abteilung von Circle Oil um Welten besser wie vor ein paar Jahren. Anbei eine aktuelle Präsentation von der Homepage, welche langsam aber sicher auch verbraucherfreundlicher wird.

Circle Oil Corporate Presentation July 2009

http://www.circleoil.net/Circle%20Oil%20Corporate%20Presenta…

[Ramses2I]

Antwort auf Beitrag Nr.: 37.601.016 von Ramses2I am 19.07.09 11:53:58

Und immer noch hat in Deutschland fast niemand gemerkt was sich bei Circle Oil entwickelt...

[Ramses2I]

Antwort auf Beitrag Nr.: 37.601.016 von Ramses2I am 19.07.09 11:53:58

Circle Oil Corporate Presentation July 2009

http://www.circleoil.net/Circle%20Oil%20Corporate%20Presenta…

Auf der Seite 20 der Präsentation kann man sehr gut denn aktuellen Fahrplan bis Ende 2010 entnehmen.
Wenn alles positiv verläuft, sollte es hier noch schön nach oben gehen.

[Ramses2I]

Aug 19, 2009

Sea Dragon buys stake in North West Gemsa development in Egypt for US$12.5 million (Sea-Dragon)

http://www.oilweek.com/news.asp?ID=24022

[Ramses2I]

Antwort auf Beitrag Nr.: 37.811.989 von Ramses2I am 19.08.09 17:21:01

Sollen wir uns über den Preis jetzt lachen oder weinen?!?

[Ramses2I]

Und es geht weiter mit News bei Circle Oil. So wie es ausschaut, hatte Circle Oil im Verlaufe des letzten Jahres keine Probleme Geld einzusammeln genausowenig wie dies aktuell der Fall ist.

21 August 2009
Circle raises £16.5 million in a Secondary Placing

Circle Oil Plc (AIM: COP) has today conditionally placed 61,152,776 new ordinary shares of €0.01 each par value (the "Placing Shares") at a price of 27 pence per share raising £16.5 million for the Company from a number of institutional investors (the "Placing") through Fox-Davies Capital. It is expected that the Placing Shares will be admitted to trading on AIM on 27 August 2009.

...

http://www.londonstockexchange.com/exchange/prices-and-news/…

[Ramses2I]

Saturday August 22 2009
Circle Oil raises £16.5m to expand its gas production

http://www.independent.ie/business/irish/circle-oil-raises-p…

[Ramses2I]

25 August 2009
Successful test to Al Amir SE-3 Well
Al Amir Development Lease, NW Gemsa Concession, Egypt


Circle Oil plc (AIM: COP), the international oil and gas exploration and development company, is pleased to announce initial results from the Al-Amir SE-3 appraisal well which has been successfully drilled following sidetracking in the onshore North West Gemsa Concession in Egypt.

...


http://www.londonstockexchange.com/exchange/prices-and-news/…

[Ramses2I]

02 September 2009


Commencement of Oil Production from Al-Amir SE-3 and Geyad-1 Wells,
NW Gemsa Concession, Egypt

Circle Oil Plc (AIM: COP), the international oil and gas exploration and development company, is pleased to announce that both the Al-Amir SE-3 appraisal well and the Geyad-1 discovery well in the NW Gemsa Concession, Egypt, have been connected to pipeline infrastructure by the operator Vegas Oil and Gas and have commenced commercial oil production

...

http://www.londonstockexchange.com/exchange/prices-and-news/…

[Ramses2I]

07.09.2009

Emerging Markets Investor

Circle Oil mit erster Position aufspringen

...

http://www.aktiencheck.de/artikel/analysen-Ausland-1961372.h…

[Ramses2I]

Wer sich ein Bild von den Vortschritten bei Circle Oil machen möchte schaut sich am besten mal auf deren Homepage um. In der letzten Zeit wird dieser immer professioneller.

[Ramses2I]

Friday September 11 2009
Circle Oil's deep well of success

...

http://www.independent.ie/business/irish/circle-oils-deep-we…

[Ramses2I]

Antwort auf Beitrag Nr.: 37.947.929 von Ramses2I am 09.09.09 17:22:37

07.09.2009

Emerging Markets Investor

Was schreibt der EMI denn noch aktuell über Circle Oil?
Der Kursverlauf lässt ja aktuell auf eine Verkaufsempfehlung tippen.

[Ramses2I]

Antwort auf Beitrag Nr.: 37.986.625 von Ramses2I am 15.09.09 22:37:25

Und wenn niemand zum EMI was schreiben möchte kommen als nächstes Postings die Interims von Circle Oil, welche heute veröffentlicht worden sind:

23 September 2009

CIRCLE OIL PLC
2009 INTERIM RESULTS

http://www.londonstockexchange.com/exchange/prices-and-news/…

[Ramses2I]

200.

[Ramses2I]

Circle Oil boosts reserves

http://www.investorschronicle.co.uk/Companies/ByEvent/Result…

[Ramses2I]

Mal sehen was aus den Gerüchten wird. Die Meldung ist von heute.

...

Traders heard the company could announce an oil find in Egypt within the next couple of days

...

http://www.guardian.co.uk/business/marketforceslive/2009/oct…

[Ramses2I]

Jetzt muss man sich anschnallen und auf die nächste RNS warten.

[Ramses2I]

In Franfurt haben wir aktuell ein Plus von 19,7 % auf €uro 0,395.
Mal sehen, ob sich hier jemand vertippt hat oder ob er unbedingt in Cirle Oil rein wollte.

[Ramses2I]

Antwort auf Beitrag Nr.: 38.141.993 von Ramses2I am 08.10.09 17:59:25

Anbei wie bereits angedeutet eine RNS von Circle Oil.
Wenn man sich mit der Firma beschäftigt, kann man von weiteren (positiven) Meldungen ausgehen.

22 October 2009
Circle Oil not yet ready to reveal results of Al-Amir SE-4 drilling

http://www.smallcapnews.co.uk/article/Circle_Oil_not_yet_rea…

[Ramses2I]

Antwort auf Beitrag Nr.: 38.233.613 von Ramses2I am 22.10.09 17:14:40

Oct. 21, 2009 09:01 AM

Sea Dragon Energy Inc. Announces the Successful Completion of the Al-Amir SE #4 Well and Spudding of the Geyad #2 Well in the NW Gemsa Concession, Egypt

http://ca.sys-con.com/node/1153045

[Ramses2I]

27 October 2009

Circle Oil confirms successful testing of Al-Amir SE-4X appraisal well

Circle Oil finally confirmed today that the Al-Amir SE-4X appraisal well had been successfully drilled and tested in the onshore North West Gemsa Development Lease in Egypt.

...

http://www.smallcapnews.co.uk/article/Circle_Oil_confirms_su…

[Ramses2I]

Allen Circle Oil Investoren wünsche ich ein erfolgreiches Jahr 2010.

27 December 2009
Sea Dragon Completes Acquisition of Premier Oil Egypt

http://www.oilvoice.com/n/Sea_Dragon_Completes_Acquisition_o…

[Ramses2I]

Auch durch folgende Veröffentlichung wird das Interesse an Circle Oil und hiermit auch der Kurs steigen:



21. Januar 2010
Circle Oil reports successful testing of Geyad-2X ST1 appraisal well in Egypt

http://www.scandoil.com/moxie-bm2/news/circle-oil-reports-su…

[Ramses2I]

01 February 2010

Circle Oil Acquires New Moroccan Permits

http://www.oilvoice.com/n/Circle_Oil_Acquires_New_Moroccan_P…

[Ramses2I]

4 Jahre Circle Oil Thread und immer noch nichts los...wenn das kein gutes Zeichen ist.

[Ramses2I]

February 4, 2010

Circle Oil begins production at Egypt well

http://www.irishtimes.com/newspaper/breaking/2010/0204/break…

[Ramses2I]

Mal sehen, ob wir von PetroHolland überhaupt mal Geld sehen für Namibia. Ich habe da so meine Zweifel...und der Markt anscheinend auch.

[Ramses2I]

CEO David Hough stirbt am 31. März in Abu Dhabi durch Herzinfarkt.

02. April 2010

Funeral of well-known businessman David Hough now on Friday

http://www.limerickleader.ie/news/Sudden-death-of-wellknown-…

[Ramses2I]

2010-04-21
Circle Oil starts drilling

http://www.bfnnews.com/display/?id=3827610§ionId=standardNew…

[Ramses2I]

Antwort auf Beitrag Nr.: 39.288.639 von Ramses2I am 07.04.10 17:04:00

Und hiermit ein letzter Nachruf um anschließend den Blick nach vorne zu richten:

Entrepreneur was major force in energy sector

http://www.irishtimes.com/newspaper/obituaries/2010/0417/122…

[Vitautas]

Ich bin heute eingestiegen.....

Völlig tote Hose hier, die Leute befassen sich offenbar lieber mit Klitschen wie Energulf und Konsorten

Ich wurde in einem Bericht im "Oilbarrel" auf Circle Oil aufmerksam. Hier geht die Post ab! Bei denen fliesst das Öl und Gas! Und ständig kommt mehr hinzu!

[Vitautas]

1. Juli 2010, Oilbarrel.com

Broker Fox- Davies Capital Says Circle Oil Is Very Undervalued As It Ramps Up Oil and Gas Output Onshore North Africa

AIM-Listed Circle says in its preliminary results for the year ended December 31 2009 that it has delivered on its promise that it would get oil production started and ramp up gas production during the year.
And so it has. Two years ago, the Ireland based Circle was a greenfield explorer with frontier acreage in Oman and Nambia and big hopes but long odds that it would get into production in a reasonable time frame. It switched tack and balanced its portfolio with low risk assets largely onshore North Africa; in Tunisia, Egypt and Morocco. While Tunisia has disappointed thus far, Morocco and Egypt have come good with oil output starting in Egypt and gas production growing in Morocco.

In Morocco the six well campaign was finished in mid-2009 with the drilling resulting in five tested commercial discoveries and a sixth well, DRJ-6, with a four metre gas sand that will be flow tested in the 2010 drilling campaign.

On the production front, ONZ-4 continued in production throughout 2009 and was joined by well ONZ-6 which is also now in production. Produced gas is now being sold under contract to the CMCP paper mill in Kenitra. Negotiations are close to finalisation with a second large gas user in the area and the company expects to be selling gas to other users as soon as the new trunkline is commissioned at year end or early 2011. This should see gas supply increasing from today’s levels of 1.5-2 million standard cubic feet a day (mmscf/d) to 7-8 mmscf/d in 2011 and then upwards to the anticipated 16-17 mmscf/d..

In Egypt, Circle has continued to enjoy what it describes as tremendous success on the NW Gemsa Concession since it first farmed- in in January 2008 and made its first discovery in October 2008 of the Al Amir SE-1 ST well. Since then the company has drilled a total of eight wells in Egypt, seven of which have proved to be commercial. The concession is producing close to 10,000 barrels of oil per day.

Analysts at broker Fox-Davies Capital, who have been monitoring Circle closely reckon the company has not just proved its point that it achieved output from Egypt and Morocco that can for the first time be included in the accounts, it has comfortably exceeded expectations.

F-D Capital says revenues reached US$15.1 million versus the broker’s forecast of US$10 million, whereas the cash balance at end December 2009 was US$ 22 million versus its forecast of US$ 18.9 million. The reported after tax loss of US$13.5 million was larger than the previous last year but it is distorted by a large negative non-cash item of US$ 10.2 million resulting from an impairment on the fair value of the conversion option on the convertible linked to the increase of the share price in the past 12 months, as well as an exploration write-off of US$ 4.6 million on the Ovambo Basin Licence in Namibia. Recovery of that amount is dependent on the closure of the farm-out agreement with Petroholland.

The reported cash flow from operations improved from a loss of US$3.7 million to a small loss of US$0.8 million. The company has also provided estimates of recoverable resources.

F-D Capital says that in Morocco a recent third party report estimated ultimate recoverable resources of 16.2 bcf, an estimate which excludes the resources from the ONZ production and untested well DRJ-6. the inclusion of the ONZ-4 and ONZ-6 wells raises Moroccan ultimate recoverable resources to 17.5 bcf. However, so far only six out of a large number of identified targets have been drilled and the company believes that the recoverable resources potential is over 200 bcf. This is supported by the recent award of the Lalla Mimouna permit that has increased the acreage by about 8-fold compared to the original Sebou Permit. F-D says it valuation of the Moroccan assets is based on gross recoverable resources of about 170 bcf.

In Egypt, the operator and Circle Oil estimate potential total recoverable gross oil of 43 million barrels (mmbbl). They can be compared with the independent third party report which indicates ultimate recoverable resources under natural depletion (no injection support) of 20.2 mmbbl. Taking the independent third party resource values and assuming injection support, this equates to secondary recoverable resources totalling 37.2 bcf. These compare with the gross recoverable resources estimate 60 mmbbl that F-D Capital uses in its valuation of the Egyptian assets.

The broker’s analysts say they do not feel the need to change its resources estimates. In Morocco its estimate is close to the company’s estimate of exploration potential, while in Egypt the estimate is slightly higher and accounts for its belief that the Al Amir SE field will continue to exceed expectations.

Overall, these results are in-line or better than its forecast the broker says, which in a production ramping can be due to timing differences and does not necessarily change the end point. F-D Capital does not take into account any upside in the Oman, Namibia and Tunisia assets in this current note on Circle

During the rest of 2010 Circle intends to continue with its exploration and production programmes. There will be continued drilling in Egypt through additional appraisal wells and the commencement of injector support drilling In Morocco, the company will start another six well programme (five plus DRJ-6 testing) and lay a new trunk line to Kenitra to permit increased production. The company continues to seek out new projects to increase its production base by acquiring development, redevelopment projects or producing assets.

Given all this F-D Capital says it does not feel the urge to alter its target price at this stage. It is confident that the stock is very undervalued. It maintains its buy rating and target price of 0.90p against a current price of 0.33p, a market cap of £134.5 million and enterprise value (EV) of £134.5 million.

[Ramses2I]

Antwort auf Beitrag Nr.: 39.800.092 von Vitautas am 09.07.10 15:49:52

Ich für meinen Teil habe nichts gegen tote Hosen. Das ergibt die Möglichkeit über einen langen Zeitraum viele günstige Aktien einzusammeln und bei aufkommenden Interesse diese wieder zu verkaufen. Das Problem ist dabei nur die Geduld. Bei Cirle Oil wird es im nächsten halben Jahr bestimmt wieder eine Kapitalerhöhung geben und dann geht die Aktie für eine kurze Zeit auf Sinkflug.

[Ramses2I]

Und nun sind bereits 2/3 aller Aktien von Circle Oil in mehr oder weniger festen Händen. Die großen Investoren werden schon wissen warum sie diese Aktien kaufen.

Tue Aug 3, 2010
UPDATE 1-Circle oil to raise 42.5 mln stg via share placing

http://af.reuters.com/article/energyOilNews/idAFSGE67209G201…

[Ramses2I]

10th August 2010
Egypt Operating Update NW Gemsa Concession

http://www.circleoil.net/10August2010.htm

[Ramses2I]

Und immer noch kaum Umsatz in Deutschland. Das verspricht steigende Kurse...wenn man die Zeit zum warten hat!

Mon Sep 13, 2010
Circle Oil says Egyptian well oil bearing

http://af.reuters.com/article/investingNews/idAFJOE68C07G201…

[Ramses2I]

Unter dem folgenden Link gibt es eine Empfehlung von Fox-Davies mit einem 12-Monats Zielkurs von £0.90!

http://www.fox-davies.com/media/196329/fdccircleseptember132…

[Ramses2I]

Wednesday, September 15, 2010
Circle Oil's first-half sales rise to $21.3m

http://www.irishtimes.com/newspaper/finance/2010/0915/122427…

[he21]

Antwort auf Beitrag Nr.: 40.153.547 von Ramses2I am 15.09.10 11:21:20

Hallo Ramses2l
Danke für die Info. Vielleicht will keiner aussteigen. Ich halte die Stücke seit 2006 (damals mit Anlageziel 2010). Da sind wir jetzt. Von mir aus kanns gerne gen £0,90 gehen.

[Ramses2I]

Antwort auf Beitrag Nr.: 40.163.812 von he21 am 16.09.10 18:34:11

Ich halte die Stücke seit 2006

Dann wünche ich dir, dass du den Mut und das entsprechende Kleingeld für künstige Nachkäufe der Circle Oil Aktie hattest. Im Herbst 2008 und über das Jahr 2009 konnte man diese ja günstig einsammeln...was die großen Investoren bei den Kapitalerhöhungen ja reichlich gemacht haben.

[Ramses2I]

September 17, 2010
Circle Oil Launches Ambitious New Drilling Campaigns In Morocco And Egypt

http://www.oilbarrel.com/nc/news/display_news/article/circle…

[he21]

Antwort auf Beitrag Nr.: 40.166.811 von Ramses2I am 17.09.10 10:15:14

Dann wünche ich dir, dass du den Mut und das entsprechende Kleingeld für künstige Nachkäufe der Circle Oil Aktie hattest.Im Herbst 2008 und über das Jahr 2009 konnte man diese ja günstig einsammeln

Hatte beides nicht um in den Jahren nachzulegen. Stört mich aber nicht mehr. Bin im Plus, denke es geht noch weiter nach oben und kann irgendwann den Gewinn steuerfrei einstreichen.

[Ramses2I]

Aus diesem Land könnte es auch bald eine Meldung von Circle Oil geben:

Libyen lockt Firmen mit Infrastrukturprojekten an

http://www.wirtschaftsblatt.at/home/international/unternehme…

[Ramses2I]

CALGARY, Oct. 25 /CNW
Sea Dragon Provides an operational update on Egypt

http://www.newswire.ca/en/releases/archive/October2010/25/c5…

[Ramses2I]

Antwort auf Beitrag Nr.: 40.386.072 von Ramses2I am 25.10.10 18:44:34

29 October 2010
Circle Oil confirms further gas discovery in Sebou Permit, Morocco

http://drillingandproduction.energy-business-review.com/news…

[Ramses2I]

Und auch die Griechen berichten nun über Circle Oil bzw. Vegas Oil.
In diesem Zusammenhang auch mal der Tipp zur Hand, sich über die Familie Vardinogiannis zu informieren.


Τρίτη, 9 Νοεμβρίου 2010
Τρίτο κοίτασμα πετρελαίου για την Vegas Oil & Gas στην Αίγυπτο
http://www.capital.gr/Articles.asp?id=1082485

[Ramses2I]

Jetzt kann es in Deutschland langsam auf die € 0,5 und in England auf 40 Pence gehen.

Circle Oil Has A Better-Than-Expected Gas Discovery In Morocco

http://www.oilbarrel.com/nc/news/display_news/article/circle…

[Ramses2I]

Circle Oil provides update on Egypt operations

http://www.scandoil.com/moxie-bm2/news/circle-oil-provides-u…

[Ramses2I]

12th January 2011
Shareholdings in Company


http://www.circleoil.net/12January2011.htm

[Ramses2I]

Jan 24 2011
New gas find for Circle Oil

http://www.growthbusiness.co.uk/news/smallcap-spotlight/1595…

[Ramses2I]

Mon Jan 24, 2011
Circle Oil makes 2nd gas find in Morocco in a month

http://af.reuters.com/article/investingNews/idAFJOE70N075201…

[Ramses2I]

Wed Jan 26, 2011
UPDATE 1-Circle Oil, Morocco to start work on gas pipeline

http://af.reuters.com/article/commoditiesNews/idAFCHI6586762…

[Ramses2I]

Nach dem ordentlichen Anstieg der letzten Wochen, darf die Aktie ruhig mal einen Gang zurück schalten.

Thu Jan 27, 2011
Egypt-focused stocks tumble on political unrest

http://af.reuters.com/article/egyptNews/idAFLDE70Q1KD2011012…

[Ramses2I]

Und nun ist die ersehnte RNS zu Ägypten:


Mon, 31st Jan 2011 15:39
Circle Oil says Egyptian operations unaffected by unrest

http://www.lse.co.uk/FinanceNews.asp?ArticleCode=3l7hlz7bqik…

[Ramses2I]

02-Feb-2011
Shareholdings in Company

http://www.londonstockexchange.com/exchange/news/market-news…

[Ramses2I]

Und für alle Anleger, welche sich wie ich bereits auf den Oman freuen:


31.01.2011
Oman: Oase des Friedens

http://www.dw-world.de/dw/article/0,,14806540,00.html

Ich rechne frühestens in zwei Wochen und spätestens in 2 Monaten mit einer Meldung und Ergebnissen aus dem Oman. Wenn ich mir aktuell bzw. auch die Umsätze der letzten Wochen bei Circle Oil betrachte, bewegt sich die Aktie einem größerem Publikum zu.

[Ramses2I]

February 2 2011
Circle Oil rises

http://www.ft.com/cms/s/0/9df7939a-2efe-11e0-88ec-00144feabd…

[Ramses2I]

Tue Feb 8, 2011
Circle Oil makes one more gas discovery in Morocco

http://af.reuters.com/article/investingNews/idAFJOE71707K201…

[Ramses2I]

Und nun greifen auch die größeren Investoren bei Circle Oil erneut kräftig in die Taschen um weiteren Aktien einzusammeln:

08-Feb-2011
Shareholdings in Company
Audley Capital Management Limited

http://www.londonstockexchange.com/exchange/news/market-news…

[Ramses2I]

Und auch der folgende Investor legt bei Circle Oil nach und kauft zu:

10-Feb-2011
Shareholdings in Company
Newton Investment Management Ltd.

http://www.londonstockexchange.com/exchange/news/market-news…

[Ramses2I]

Und auch der folgende Investor hat am 9. Feruar erneut und zwar kräftig zugegriffen.

10-Feb-2011
Shareholdings in Company
Kleinwort Benson (Channel Islands) Nominees Limited

http://www.londonstockexchange.com/exchange/news/market-news…

[Ramses2I]

Der Aktienanteil von Circle Oil, welcher in freien Händen bzw. nicht bei großen Investoren liegen, betträgt aktuell knapp 35 Prozent. Und die strategischen Investoren, werden ihre Anteile bestimmt nicht so schnell verkaufen. Wenn ich mir überlege, was alleine Oman an Wert in sich birgt.

Tuesday, 22 Feb 2011
Libya owns stakes in several European bluechips


http://www.cnbc.com/id/41720061

[Ramses2I]

Eigentlich war es nur eine Frage der Zeit bis auch im Oman Proteste entstehen. Wenn ich mir aber den Kurs von Circle Oil betrachte, gibt dieser nur "relativ" wenig ab. Man muss sich nur mal anschauen, wo überall für mehr Freiheit und Wohlstand demonstriert wird...und überall hat Circle Oil fast seine Finger drin in den Ländern.

Es geht von Ägypten, Tunesien, Marokko bis zum Oman. Von Lybien möchte ich in diesem Zusammenhang überhaupt nicht sprechen, denn dort haben wir offiziel ja noch keine Anlagen.

[Ramses2I]

Bin gespannt wer heute um halb fünf in London 1.000.000 Aktien von Circle Oil auf einen Schlag gekauft. Ob dies mehrere Investoren waren, oder ob wir bald hierzu eine RNS erhalten.

[Ramses2I]

Antwort auf Beitrag Nr.: 41.136.231 von Ramses2I am 02.03.11 20:40:48

Und nun wissen wir auch den Käufer der vielen Shares der letzten Tage.
Ich bin gespannt was Circle Oil in den nächsten Monate und Jahre auf die Beine stellen wird. Die Aktien, welche von Circle Oil in meinem Depot liegen, werden dort noch lange schlummern.

07-Mar-2011
Shareholdings in Company
Audley Capital Management Limited

http://www.londonstockexchange.com/exchange/news/market-news…

[Ramses2I]

Und der folgende Investor traut dem ganzen Braten nicht und vekauft einen Teil seiner Shares:

08-Mar-2011
Shareholdings in Company
Newton Investment Management Ltd.

http://www.londonstockexchange.com/exchange/news/market-news…

[Ramses2I]

Und das Interesse von den großen Investoren an Circle Oil ist noch nicht am Ende.
Kleinwort Benson erhöht seine Anteile an Circle Oil kräftig und lässt sich von den aktuellen Turbulenzen nicht verunsichern.

10 March 2011
Shareholdings in Company
Kleinwort Benson Group Limited


http://www.investegate.co.uk/Article.aspx?id=201103101117077…

[Ramses2I]

Derzeit braucht es starke Nerven um Aktien von Circle Oil zu halten. bzw zu kaufen.

Saturday March 12 2011
Libya stake in Circle Oil frozen as EU turns screw on Gaddafi

http://www.independent.ie/business/irish/libya-stake-in-circ…

[Ramses2I]

Und wer zu den aktuellen Kursen verkauft ist selber daran Schuld.

15 March 2011
Drilling Update Sebou Permit Morocco

http://www.londonstockexchange.com/exchange/news/market-news…

[Ramses2I]

Erneute Kaufempfehlung von Fox Davies zu 0,9 Pfund.

Wednesday, Mar 16 2011
Fox Davies Capital Update - Circle Oil

http://www.stockopedia.co.uk/content/fox-davies-capital-upda…

[Ramses2I]

Und heute gab es wieder einen großen Kauf in London. Da könnte jemand nicht nein zu diesen Kaufkursen sagen.

[Ramses2I]

Unter dem folgenden Link gibt es eine Präsentation vom Februar...welche allerdings erst Mitte März ins Netz gestellt wurde:


Investor Presentation February 2011

http://www.circleoil.net/COP_Corp_FEB2011-1.ppt

[Ramses2I]

Heute hat schon wieder ein großer Käufer in London zugeschlagen und größere Pakete gekauft.

[Ramses2I]

Antwort auf Beitrag Nr.: 41.278.482 von Ramses2I am 28.03.11 19:59:04

Nun hat der anonyme Käufer in London wieder insgesamt 500k Stück von Circle Oil auf einen Schlag eingesammelt. Bin gespannt über die nächste RNS von Circle Oil, wär der große Käufer der letzten Tag ist.

[Ramses2I]

Antwort auf Beitrag Nr.: 41.283.895 von Ramses2I am 29.03.11 17:08:33

Und wenn man alle anderen größeren Blöcke vom heutigen Tag zusammen rechnet, wird man auf insgesamt 1.050.000 Stück kommen. Wie gesagt, ist da der Kauf über 500.000 Stück noch nicht berücksichtigt.

[Ramses2I]

Antwort auf Beitrag Nr.: 41.283.925 von Ramses2I am 29.03.11 17:12:27

Als letzt Käufe haben wir heute sogar zwei Aufträge zu jeweils 800k!
Da möchte wohl jemand unbedingt größere Menge kaufen.

[Ramses2I]

Und im folgenden können wir sehen, um welche Summen es im Oman gehen könnte.
Circle Oil wird zu diesem Land im aktuellen Jahr mit Sicherheit eine Handvoll Meldungen veröffentlichen.

Sunday 20 Mar 2011
Oman plans US$1bn boost in gas production

http://english.ahram.org.eg/~/NewsContent/3/12/8143/Business…

[Ramses2I]

Über den heutigen Tag verteilt gab es insgesamt 7 Käufe zu jeweils 100k Shares und wie bereits am 29. März zum Schluss zwei rießige Käufe zu jeweils 3.150k.

[Ramses2I]

Der anonyme Käufer hat auch heute am Handelsende mit zwei Käufen zu jeweils 225k zugeschlagen.

[Ramses2I]

Auch heute gibt es aus London große Käufe bei Circle Oil zu vermelden.
Für Oman rechne ich in der ersten Jahreshälfte mit neuen Meldungen...und es schaut nach guten aus.

[Ramses2I]

Der aktuelle Kurs von London würde derzeit knapp € 0,41 entsprechen.

[Ramses2I]

05.04.2011
Libysche Rebellen bringen ersten Ölexport auf den Weg

http://www.spiegel.de/wirtschaft/0,1518,755193,00.html

[Ramses2I]

Wieder geht es natürlich nur ums Öl.

31. März 2011
Der Krieg in Libyen und der Wettlauf um Afrika

http://www.wsws.org/de/2011/mar2011/pers-m31.shtml

[Ramses2I]

11 April 2011
Operating Update Egypt

http://www.londonstockexchange.com/exchange/news/market-news…

[Ramses2I]

Gulf of Suez well sidetracked, says Circle Oil

http://uk.ibtimes.com/articles/20110411/gulf-of-suez-well-si…

[Ramses2I]

19 April 2011
Egyptian appraisal well to be drilled to 5,911ft: Circle Oil

http://drillingandproduction.energy-business-review.com/news…

[Ramses2I]

Apr 26, 2011

BGP succeeds in difficult Oman seismic program

http://www.offshore-mag.com/index/article-display/4784587874…

[Ramses2I]

Heute gab es wieder große Käufe in London bei Circle Oil.