16th Jun 2005 15:07
Immediate release: 16 June 2005 Circle Oil Plc ("Circle" or "the Company") Statement Regarding Price Rise The directors of Circle note the recent rise in the Company's share price. TheCompany is currently awaiting consent to announce the approval of the award ofa new exploration licence block. The award will be subject to the entering intoof an agreement covering all aspects of exploration, development andproduction. A further announcement will be made in due course. In addition, the Company expects to announce its preliminary results for theyear ended 31 December 2004 next week.-Ends- David Hough, Managing DirectorCircle Oil PLCTel. +353 61 354831Chris RobertsHansard CommunicationsTel. 020 7245 1100ENDCIRCLE OIL PLCRelated Shares:
Circle Oil Plc