The well had to be closed as the company did not find hydrocarbons and also faced difficulties in drilling process.
The well had primarily targeted the Hasirah sands prognosed at a depth of 1,890m.
The bottom hole assembly (BHA) at the well stuck below the 9? inch casing shoe which had been set at 819m, and repeated attempts to salvage it have failed, Circle said.
The drilling information has revealed that the problem zone is immediately below the casing shoe. It has suggested against move ahead with deepening or sidetracking the borehole.
Circle Oil chairman Steve Jenkins said: "This well was always deemed as high risk and the unexpected and disappointing conditions experienced in this well, designed as a slim-hole stratigraphic test, have been a challenge to our drilling team."