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Circle Oil Provides Operational Update in Tunisia

Source: www.gulfoilandgas.com 11/22/2010, Location: Africa

Circle Oil the international oil and gas exploration, development and production company is pleased to announce the following operational update on its activities in Tunisia.

Planning for the commitment well to be drilled early 2011 is advanced and long lead drilling materials have been ordered. In line with the agreement with its partner Exxoil, Circle has commenced the process to increase its working interest from 15% to 36%. The Partnership are presently finalising technical studies to decide the final drilling location by the end of this year.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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