---
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"
generated_at: "2026-05-21T10:43:19.506239+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Circle Energy enters farmout and JV with Boa Vista for Andrews County, TX acreage

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-25-000776
- JSON: https://secwatch.observer/filing/0001096906-25-000776.json
- Plain text: https://secwatch.observer/filing/0001096906-25-000776.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.