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COP Circle Oil

0.625
0.00 (0.00%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Circle Oil LSE:COP London Ordinary Share IE00B034YN94 ORD EUR0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.625 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Exercise of Options

01/09/2009 2:05pm

UK Regulatory



 

TIDMCOP 
 
RNS Number : 3328Y 
Circle Oil PLC 
01 September 2009 
 

1 September 2009 
 
 
 
 
 CIRCLE OIL PLC 
("Circle" or the "Company") 
 
 
?Exercise of Options and Total Voting Rights 
 
 
 
 
Circle Oil Plc (AIM: COP), the international oil and gas exploration, 
development and production Company, announces that it has today issued 500,000 
new ordinary shares of EUR0.01 each in the capital of the Company pursuant to an 
exercise of options at an exercise price of StgGBP0.20 per share. The 500,000 
new ordinary shares are expected to be admitted to trading on 7 September 2009. 
 
 
Following the admission of these new shares to trading on AIM, the Company will 
have 409,836,819 ordinary shares of EUR0.01 each in the capital of the Company 
admitted to trading on AIM. 
 
 
 
 
 
 
 
 
For further information contact: 
 
 
Circle Oil Plc (+44 20 7638 9571) 
David Hough, CEO 
 
 
Collins Stewart Europe Limited (+44 20 7523 8350) 
Adrian Hadden / Adam Cowen 
 
 
Fox-Davies Capital (+44 20 7936 5230) 
Daniel Fox-Davies 
 
 
Citigate Dewe Rogerson (+44 20 7638 9571) 
Martin Jackson / George Cazenove 
 
 
  Notes to Editors 
 
 
 
 
Circle Oil Plc 
 
 
Circle Oil Plc (AIM: COP) is an international oil & gas exploration, 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 Mamour Permit in 
southern Tunisia; the Mahdia Permit offshore Tunisia; the Grombalia Permit in 
northern Tunisia; the Zeit Bay area of Egypt and the Owambo Basin, Namibia. 
Circle also has the largest licence holding of any Company in Oman. In addition 
to its highly prospective Block 52 offshore, the Company also has an ongoing 
exploration program in Block 49 onshore. 
 
 
The Company's strategy is to locate and secure additional licenses in 
prospective hydrocarbon provinces and through targeted investment programmes, 
monetise the value in those assets for the benefit of shareholders. This could 
be achieved through farm-outs to selected partners who would then invest in and 
continue the development of the asset into production, or Circle may itself opt 
to use its own expertise to appraise reserves and bring assets into production, 
generating sustained cash flow for further investment. 
 
 
Further information on Circle 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 
 
 IOESSSFDFSUSESU 
 

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