The DRJ-6 exploration well, which was drilled in April 2009, tested gas at a rate of 5.4 million cubic feet of gas per day on a 26/64 inch choke.
The company will mobilize its drilling rig to the site of its KSR-10 well after bad weather caused some flooding in the permit area.
It anticipates to store the rig for between two and three weeks prior to the commencement of the drilling on the KSR-11 exploration well.
The company said that a full technical evaluation of all the results of the well is underway and the well is being completed as a potential producer.
Circle Oil has a 75% stake in the concession agreement while the Moroccan state oil company ONHYM holds the remaining 25%.