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BRIEF-Circle Oil says oil price impact moderated by Morocco gas production
February 12, 2015 / 7:17 AM / in 3 years

BRIEF-Circle Oil says oil price impact moderated by Morocco gas production

Feb 12 (Reuters) - Circle Oil Plc

* Circle is not immune to impact of falling oil prices, impact is somewhat moderated by gas production in Morocco

* Company continues to fund its operations from operational cashflow as well as leveraging its existing financing arrangements

* Has engaged in detailed discussions with KGL Investment Company, heads of terms have been agreed in regard to amending, extending convertible loan Source text for Eikon: Further company coverage:

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