To integrate the preceding answer, in which the solution is given by two parallel equal chords (each identifying a segment equal to $1/4$ of the circle area) and an oblique third segment, we can calculate the length of the three fences by setting
$$\frac{1}{2}R^2(\alpha-\sin{\alpha})=\frac{\pi}{4} R^2$$
where the LHS represents the area of a circular segment defined by an angle $\alpha$, expressed in radians. The numerical solution gives $\alpha=2.30988...$, corresponding to $\approx 132°$ degrees. The length of the chord is then
$$ c=2R \sin\left(\frac{2.30988}{2}\right) \approx 1.82954\, R$$
The same result can be obtained by integration. Considering a unitary circle of radius $R$ with the center in the origin, we can set
$$\int_a^1 \sqrt{1-x^2} =\frac{\pi}{8} $$
Because the indefinite integral is $$ \frac{1}{2} \left(\sqrt{1 - x^2} x + \sin^{-1}(x)\right) +c$$
taking the definite integral and solving the equation we obtain the numerical solution $a=0.40397...$, which represents the distance of the first chord from the centre of the circle. The chord length is therefore
$$c= 2 \sqrt{1-a^2}\approx 1.82954...$$
After we have drawn two parallel equal chords of this length by tracing vertical lines in $x=\pm a$, we can find the third segment (passing through the origin) by noting that, for a given angular coefficient $m$, the portion of the line $y=mx$ included between the two vertical lines has length $2\sqrt{a^2+(ma)^2}$. So setting
$$2\sqrt{a^2+(ma)^2}=c$$
and using the numerical values of $a$ and $c$ we get $m=2.03168...$, which means that the third segment crosses the two vertical chords at
$$y=\pm 2.03168 \,a=\pm 0.82074...$$ Since the vertical chords crosses the circumference at $$y=\pm c/2 =\pm 0.91477...$$ as expected these crossing points are within the circle.