Circle Energy, Inc./NV

Circle Energy, Inc. is an exploration-stage energy company engaged in the acquisition, exploration, and development of oil and natural gas properties. Its business operations center on identifying and evaluating potential hydrocarbon opportunities, conducting geological reviews, performing land and acquisition evaluations, and securing capital. The company does not currently manufacture products, supply commercial services, or generate revenue, as it has not established proved reserves or commenced drilling operations. Consequently, it maintains no active commercial customer base or operational operating segments at this stage of development.

The company focuses its operations within the Permian Basin region of Texas, where it holds a 75% working interest and a 55.5% net revenue interest in an 80-acre tract located in Andrews County. It also participates in a joint venture covering an 880-acre area of mutual interest adjoining its existing lease. As of late 2025, the company had no producing wells and no full-time employees, relying on executive officers and outside consultants. Circle Energy is incorporated in Nevada.

Summary of the business section of Circle Energy's latest annual report, written by StockData.