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Circle Energy announces no material changes.


CALGARY, Alberta--(BUSINESS WIRE)--Feb. 27, 1996--At the request of the Alberta Stock Exchange Alberta Stock Exchange

See Canadian Venture Exchange (CDNX).
, Circle Energy Inc. (Alberta Stock Exchange:CEN CEN - Conseil Européen pour la Normalisation.

A body coordinating standardisation activities in the EEC and EFTA countries.
 )("Circle")(ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :CEN) announced that there have been no material changes since its Feb. 6, 1996, news release.

On Feb. 6, 1996, Circle announced that it had entered into an option agreement to drill one well and assess the potential of several other seismically defined Nisku/Leduc Devonian Reef prospects in central Alberta Central Alberta (also named Alberta's Heartland) is a region located in the Canadian province of Alberta.

Central Alberta is the most densely populated rural area in the province. Agriculture and energy make up an important part of the economy.
.

Drilling is scheduled to begin in late Spring. Predicated upon success of the first well it is believed an additional 4 to 6 wells would be required to fully exploit the prospect lands. -0-

NOTE: The Alberta Stock Exchange has neither approved nor disapproved of the information contained in this press release.

CONTACT: Circle Energy Inc., Calgary

Bill Baker, 403/777-1926
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 27, 1996
Words:135
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