Middle East Economic Survey
VOL. LII
No 39
28-Sep-2009
REGIONAL
Circle Oil Set To Ramp Up Oil And Gas Output In Egypt And Morocco
AIM-listed Circle Oil said in an interim report published last week that it has completed a six-well drilling program in Morocco, with a likely commercial gas discovery at the sixth well, and almost doubled its oil production at the North West Gemsa permit in Egypt in the third quarter, to around 4,500 b/d. The companys shares rose by just under 6% on the publication of...
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