Higher oil prices move Circle Oil to profit

Limerick-based oil and gas exploration and production company Circle Oil saw first revenues from operations in Egypt and Morocco and higher oil prices move them to its first gross profit in 2009.

Higher oil prices move Circle Oil to profit
Mon, 21 Jun, 2010 - 09:56

Limerick-based oil and gas exploration and production company Circle Oil saw first revenues from operations in Egypt and Morocco and higher oil prices move them to its first gross profit in 2009.

The AIM-listed company announced their preliminary results this morning.

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