THIS NEWS WILL CERTAINLY MAKE THE SHARES INCREASE WHEN IT IS ANNOUNCED.


In March 2003, First African Oil Corporation, a wholly owned subsidiary of
Circle signed a two year exclusive reconnaissance licence with the Government
of Namibia covering approximately 146,000 km2, an area more than half the size
of the UK. The Licence is one of the largest in Africa and the Namibian
Government holds a 10% carried interest. Within this concession area, and with
the benefit of a valuable dataset of previously acquired technical information,
Circle believes there is potential to produce significant quantities of
valuable hydrocarbons. An aerogravity survey was carried out during the summer
at a cost of 415,000 and initial results of the survey are very encouraging.
The final report on this programme is due within the next few weeks.

Exploiting a potential field and drilling with success are a long way apart

News will break today on test drilling now under way in Morocco.

I'm so glad I didn't go and sit outside the COP offices waiting for the announcement . . . . :o)

Whenever I look at this company it always seems to have years of seismic ahead of it. Still not much to get excited about until they have a drilling programme up and running, IMO, but PDYOR.

Looks like we have to wait to Tuesday for the RNS

Published: August 25 2006

'Circle Oil, which has interests in Morocco, Namibia, Oman and Panama, rose 6.3 per cent to 25p amid talk that the Moroccan government had ratified its exploration licence for a gas concession in the Rharb Basin and that test drilling had commenced.'

http://www.ft.com/cms/s/d66f68d4-33d5-11db-981f-0000779e2340.html

From todays Daily Express,
Circle Oil,the subject of rumoured stakebuilding by a multinational oil giant,firmed 2.75 to 29p as gossips reckoned a major deal was in the pipeline.

RNS out today on Oman, block next door to Shell production area, more news possible on Morocco before the AGM next week.

I think this have bottom out??

I think this have bottom out??

heard news leak from COP and its good news

What kind of good news?

This sort of news in the same area as COP:

http://business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article1643808.ece

These have almost doubled in the last two weeks,i only have a few of these,was very tempted to top up but somewhat nervous,chp,goo,

Any thoughts on cop @these levels would be most welcome.

Good for 25-30p in the near term IMHO. TheMaster would appear to have their ear to the ground ;0)

Question will the price of Oil go up? Yesterdays news B.P. running out of new Oil fields. Todays news Mr. Keyes has bought 6,400,000 shares (3.93%) of Circle Oil. Mr. Keyes and others are getting into Circle Oil because of their new oil fields.?. Full report at shareclubuk.co.uk

COP currently in joint venture talks, this has been the course of the sp rise over the past few weeks.

Circle Oil Share price has moved up apace over the last few weeks I am not complaining as most of the members at shareclubuk.co.uk are making a profit. I have read the market news on the company and feel that there must be an underlying reason why the hike has taken place. Any one in the know? please advise us at the club.

Heard that company expects big oil field in Oman, which borders the Shell block, should get conformation RNS tomorrow. Remember the instutions paid 32p for these shares over year ago and they want profit now.

new money, ready for expansion,sp already up.
good luck everyone!!!!

24th October 2007 Meeting of shareclubuk.co.uk investor - members on Circle Oil plc. Club notes true facts..

27th September 2007.
Mr Thomas Anderson, Chairman of Circle Oil, said:
It has been a very busy period for the Group and the workload is rapidly expanding with the start of drilling in Tunisia and seismic operations in Morocco and I look forward to reporting on the results of these programmes in due course.

1st October 2007.
The Company has been advised that Mr John P McKeon, a director of the Company, purchased on Friday 28 September, 1,200,000 ordinary shares at 25.25 pence per share representing 0.74% of the Companys issued capital.

Following this transaction, Mr McKeon has a beneficial interest in approximately 9.5% of the Companys issued share capital.

Club notes: We were pleased to read of the purchase of additional shares by Mr. John McKeon, a director of the company. The 27th September announcement to the reporting of the results of the drilling programme is now a key factor. The club can report a proven 25% profit to date on the investment which is down on the last weeks trading.

Anyone know why this is strengthening and if it is worth a punt?