Circle Oil reports 53% profits hike

Co Limerick-based international oil and gas exploration company Circle Oil has reported a 53% increase in profits in the first half of the year.

Circle Oil reports 53% profits hike
Wed, 05 Sep, 2012 - 01:00
Vincent Ryan

The profit after tax increased to $13.3m (€10.6m), up from $8.7m for the first six months of 2011.

Circle Oil chief executive Chris Green said the company was being rewarded for its efforts.

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