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Cirque Energy Ltd. awarded United Kingdom licences.


CALGARY, Alberta--(BUSINESS WIRE)--March 19, 1996--Cirque Energy Ltd. announces that its United Kingdom subsidiary has been awarded 4 licences covering 390 square kilometres Square kilometre (U.S. spelling: square kilometer), symbol km², is a decimal multiple of the SI unit of surface area, the square metre, one of the SI derived units. 1 km² is equal to:
  • 1,000,000 m²
  • 100 ha (hectare)
Conversely:
  • 1 m² = 0.
 (97,605 acres) In the recent round of onshore on·shore  
adj.
1. Moving or directed toward the shore: an onshore wind.

2. Located on the shore: an onshore beacon; an onshore patrol.

adv.
 licencing.

Cirque has a 65% working Interest In these licences and now holds and operates Interests in 149,928 gross (97,453 net) contiguous Adjacent or touching. Contrast with fragmentation. See contiguous file.  acres. The Company has recently completed certain work commitments on its U.K. properties extending the term of the contiguous block for a minimum of six years. A $250,000 selsmic program is currently underway on Cirque's U.K. properties.

The licences are all located In the East Midlands The East Midlands is one of the regions of England and consists of most of the eastern half of the traditional region of the Midlands. It consists of the combined area of Derbyshire, Leicestershire, Rutland, Northampton­shire, Nottingham­shire and most of Lincolnshire.  region.

ON BEHALF OF THE BOARD OF DIRECTORS OF CIRQUE ENERGY LTD.

Glen A. Phillips President & C.E.O.

Note to Editors: The Alberta Stock Exchange Alberta Stock Exchange

See Canadian Venture Exchange (CDNX).
 has neither approved nor disapproved the contents of this news release.

CONTACT: Cirque Energy Ltd.

Glen A. Phillips, 403/266-4344
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:Mar 19, 1996
Words:152
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