Circle Oil PLC (Circle) is an oil and gas exploration company. The Company is engaged in the oil and gas exploration, development and production in North Africa and the Middle-East with oil and gas production in Egypt, gas production in Morocco and exploration assets in all areas of operation. The Company has its operations in Egypt, Morocco, Oman and Tunisia. The Company has two permits in the Rharb Basin, Morocco; the RasMarmour Permit in southern Tunisia; the Mahdia Permit offshore Tunisia; the Grombalia Permit in northern Tunisia and the Zeit Bay area of Egypt. In Oman present assets include the prospective Block 52 offshore, in addition to the onshore Block 49.