COP Circle Oil

 

TIDMCOP 
 
RNS Number : 6374N 
Circle Oil PLC 
15 June 2010 
 

 
15 June 2010 
 
                                 CIRCLE OIL PLC 
                          ("Circle" or the "Company") 
 
                              Holding(s) in Company 
 
Circle has been informed as of 14 June 2010, that Mr. Eskander Maleki no longer 
has a notifiable interest in the issued share capital of the Company. 
 
 
For further information contact: 
 
Circle Oil Plc (+44 20 7638 9571) 
Professor Chris Green, Interim CEO 
Brendan McMorrow, CFO 
 
Evolution Securities (+44 20 7071 4300) 
Rob Collins 
Chris Sim 
Neil Elliot 
 
Fox-Davies Capital (+44 20 7936 5230) 
Daniel Fox-Davies 
 
Citigate Dewe Rogerson (+44 20 7638 9571) 
Martin Jackson / George Cazenove 
 
Murray Consultants (+353 1 498 0300) 
Joe Murray / Joe Heron 
 
 
Notes to Editors 
 
Circle Oil Plc 
 
Circle Oil Plc (AIM: COP) is an international oil & gas exploration, development 
and production Company with an expanding portfolio of assets in Morocco, 
Tunisia, Oman, Egypt and Namibia with a combination of low-risk near-term 
production and significant exploration upside potential.  The Company listed on 
AIM in October 2004. 
 
Internationally, the Company has continued to expand its portfolio over the past 
2 years and now has assets in the Rharb Basin, Morocco; the Ras Marmour Permit 
in southern Tunisia; the Mahdia Permit offshore Tunisia; the Grombalia Permit in 
northern Tunisia; the Zeit Bay area of Egypt and the Owambo Basin, Namibia. 
Circle also has the largest licence holding of any Company in Oman. In addition 
to its highly prospective Block 52 offshore, the Company also has an ongoing 
exploration program in Block 49 onshore. 
 
The Company's strategy is to locate and secure additional licenses in 
prospective hydrocarbon provinces and through targeted investment programmes, 
monetise the value in those assets for the benefit of shareholders.  This could 
be achieved through farm-outs to selected partners who would then invest in and 
continue the development of the asset into production, or Circle may itself opt 
to use its own expertise to appraise reserves and bring assets into production, 
generating sustained cash flow for further investment. 
 
Further information on Circle is available on its website at www.circleoil.net. 
 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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