Crosswords & Puzzles
Crosswords & puzzles to keep you challenged and entertained
Oil explorer had been seeking to raise fresh funds from major shareholders before a planned extraordinary general meeting on Monday aimed at putting the company into liquidation
No coordinated discussions taking place between major shareholders to provide fresh funding for company
Business Today: the best news, analysis and comment from The Irish Times business desk
Department of the Environment has previously noted that ‘extensive engagement’ occurred ‘over several years’
Firm and largest shareholders weighing pursuit of judicial review after Minister’s refusal of permit for Barryroe prospect
Company says it will continue to pursue funding solutions up to date of EGM as it suspends trading in shares
Oil explorer begins talks with shareholders after Minister for the Environment’s decision raises going-concern doubts
Minister did not grant permit to progress work on gas and oil field off Cork coast
Businessman already committed to €40m backstop to cover next phase of development at prospect
Shares in Barryroe Offshore Energy plunge 49% while minority partner in oil project off Cork coast, Lansdown Oil & Gas, slumps 53%
Funds being raised in addition to €40m convertible loan-note arrangement with investors led by Larry Goodman
Vevan Unlimited has reached accord on sub-allocation of portion of loan notes with certain shareholders
Major shareholders in oil explorer are in talks to cover some of the €40 million funding Larry Goodman has committed to company
Beef baron’s financial lifeline could yet see him own over 75% of the company and sets up a battle of wills with Minister Eamon Ryan
Beef magnet has built up a stake of more than 16% in oil and gas explorer
One such business is St Mel’s, which makes beer from Panelto Foods’ surplus bread
Quality of oil in Celtic Sea reservoir ‘almost too good to burn’, according to Alan Linn
Exploration firm is awaiting the receipt of $10m in funding Chinese company Apec
Oil and gas explorer has amended deal on its flagship prospect with Chinese explorer Apec
Nick Furlong increases Pageant’s stake in Tony O’Reilly-led oil and gas explorer to 9.7%
Crosswords & puzzles to keep you challenged and entertained
How does a post-Brexit world shape the identity and relationship of these islands
Read the digital edition of The Gloss magazine now
Weddings, Births, Deaths and other family notices