Circle Energy, Inc./NV Business Summary

Circle Energy, Inc./NV (CRCE) is an early-stage independent oil and natural gas exploration and production (E&P) company focused on the acquisition, development, and commercialization of energy resources in the United States. The company’s business model centers on identifying and securing high-potential mineral interests, currently anchored by a 75% working interest in an 80-acre lease in Andrews County, Texas, and a strategic joint venture agreement aimed at expanding its footprint within an area of mutual interest (AMI). As of early 2026, Circle Energy remains in the development phase and has not yet generated production-based revenue, operating primarily as a vehicle for strategic asset accumulation and partnership-driven exploration. In the micro-cap E&P landscape, the company competes with other junior operators such as Canacol Energy, FEC Resources, and Altex Industries, positioning itself as a lean, management-led venture seeking to leverage public market access for rapid project scaling. The company was founded in 2021 by Lloyd Timothy (Tim) Rochford, who serves as CEO, President, and Chairman. Rochford is a seasoned industry veteran with over 50 years of experience, notably having founded and led Arena Resources and Ring Energy to multi-billion dollar valuations while raising approximately $1 billion in capital for natural resource projects. He is joined by Co-founder and CFO William Randall (Randy) Broaddrick, who previously held executive financial roles at Ring Energy and Arena Resources, bringing extensive expertise in oil and gas accounting and SEC reporting. Operating with a minimal internal headcount, the leadership team relies on a network of contract specialists and strategic partnerships to execute its operational goals. The company is primarily funded by its founders, with the Rochford Living Trust maintaining a significant ownership stake, reflecting a high degree of insider alignment.