Circle Energy, Inc. was formed for the purpose of acting as an independent exploration and production company to engage in oil and natural gas development, production, acquisition, and exploration activities focused on Texas. It has acquired a 75% working interest in an 80-acre oil and gas lease located in Andrews County, Texas, and have entered into a joint venture agreement to explore the area of mutual interest surrounding the current lease for further acquisitions and development. The Company does not currently have any producing wells. It has not generated any revenue.
CIRCLE ENERGY, INC. 
