Limerick's Circle Oil reports first profit

Oil and gas exploration company Circle Oil has moved into profit for the first time.

Limerick's Circle Oil reports first profit
Mon, 20 Jun, 2011 - 18:01

Oil and gas exploration company Circle Oil has moved into profit for the first time.

The company today said it had recorded an operating profit of $12.58m for the year ended December 31, 2010, compared with an operating loss of $0.34m for the previous year.

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