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Independents & Africa Chongololos & Exploration - Unctad XI

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Circle Oil<br />

• Aim Listed: Irish<br />

• Affiliate: First <strong>Africa</strong>n Oil – Namibia Block<br />

• Namcor 10%<br />

• New Deal: USD 50 Million: China Shine HF<br />

• China Shine @ 72% Interest In Namibia Acreage<br />

• 3-Well Commitment: 2-Year License<br />

• Onshore Etosha & Owambo Basins

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