THE LIMERICK based oil and gas exploration company Circle Oil Plc, which once had a net worth of 231 million, has gone into voluntary liquidation.
Declan McDonald and Brendan Lynch, of Pricewaterhouse Coopers, have been appointed joint liquidators to the company.
Creditors have been advised to send particulars of their debts and claims to PwC by October 31 next, as the company is being voluntarily wound up.
Documents submitted by PwC to the Companies Registration Office show that its directors have now resigned, after an extraordinary general meeting was called in the Gresham Hotel in Dublin.
Last year the company conducted a strategic review to put in place a sustainable long term financing structure for the business.
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