• HSBC

Circle Oil to drill more wells

  • Middle East: Sunday, September 07 - 2008 at 12:01

Circle Oil has raised GBP33m to fund its exploration programmes in Morocco, Tunisia and Egypt. The company plans to drill up to 15 wells between now and the end of 2009, and will also conduct a large 3D seismic study on Block 49 in Oman.

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