Thu, 29th Dec 2016 08:08
(ShareCast News) - AIM-listed oil and gas exploration company Circle Oil said on Friday that the International Finance Corporation has agreed to extend the suspension of repayments due under the group's reserve based lending facility. The deadline has been extended until 13 May 2016. "IFC has indic
Read more(ShareCast News) - As its lending facilities are likely to soon contract, Circle Oil has begun to explore a possible equity fundraising as well as, or instead of, a debt restructuring. The AIM-listed company, which recently agreed an extension of its reserve-based lending (RBL) facility with lender
Read more(ShareCast News) - Circle Oil's chief executive is delighted with the results from their latest well in Morocco. The company issued a progress update on Tuesday for Ksiri West-A exploration well on the Sebou Permit, onshore Morocco. It said the well reached a total depth of 1,890 metres in mid-Sept
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