{"schema_version":"secwatch.filing_event.v1","accession":"0001096906-25-000776","form_type":"8-K","ticker":"CRCE","cik":"0001911467","company_name":"Circle Energy, Inc./NV","filed_at":"2025-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.454402+00:00","generated_at":"2026-05-21T10:43:19.506239+00:00","sec_items":["1.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Circle Energy enters farmout and JV with Boa Vista for Andrews County, TX acreage","bullets":["Entered Farmout Agreement and Joint Venture Agreement with Boa Vista, LLC effective May 16, 2025, replacing prior agreements transferred from Aspen Energy Partners.","Circle retains 75% working interest and 55.5% net revenue interest in 80-acre C.W. Logsdon Lease, Andrews County, Texas.","Consideration: $5,000 upfront plus $30,000 due upon spudding first well; must drill two wells within three years or rights revert.","JV covers ~880-acre area of mutual interest with same ownership split (75% Circle, 25% Boa Vista), using AAPL 610 operating agreement.","Liabilities are severed; each party responsible only for its own share of costs and liabilities."],"urls":{"canonical":"https://secwatch.observer/filing/0001096906-25-000776","json":"https://secwatch.observer/filing/0001096906-25-000776.json","markdown":"https://secwatch.observer/filing/0001096906-25-000776.md","text":"https://secwatch.observer/filing/0001096906-25-000776.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1911467/000109690625000776/0001096906-25-000776-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1911467/000109690625000776/crcl-20250505.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T10:43:19.506239+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}