Circle Oil PLC - Financial Update
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("Circle" or the "Company")
Further to the announcement of
In addition to the waiver of the redetermination, in light of the current financial position of the Company, the IFC have again agreed to the deferral of the interest payment due on
The Company's financial position remains under significant pressure and the position with regards to US dollar payments from EGPC is unchanged from the announcement of
The Strategic Review process remains ongoing and further updates will be provided as appropriate.
For further information contact:
Mitch Flegg, CEO
Investec (+44 20 7597 5970)
Murray (+353 1 498 0300)
This information is provided by RNS
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