Former Irish energy group to demand $1bn from Algeria as gas project seized
Sunny Hill Energy was formerly known as Petroceltic International
Sunny Hill Energy was formerly known as Petroceltic International
Nolan Transport owners to sue former adviser and Glanbia boss in line for windfall
Summary judgment action filed against Petroceltic Investments for alleged debt
Commodity price cycles are nothing new but the rise of fracking has really been a game changer in terms of the supply of oil
Amended survival scheme reflects improved deal for the company’s staff
Lawyers hope agreement between employees and examiner may be reached by Thursday
Group of 30 due just 5% of monies owed under examinership scheme
Worldview Capital to gain full control for cash payment of $7.8m
Worldview not having to disclose ultimate owners ‘unfair’ for investors – Brian O’Cathain
Examinership of oil and gas company is now expected to conclude in early June
Worldview-owned company says acceptance conditions have not been satisfied
Application faced no opposition
Troubled explorer in court on Friday as part of an examinership process
The company, caught between its dispute with Worldview and the collapse in oil prices, is due in court on Friday
Debt holders will jockey for position at examinership hearing on Friday
Company’s examinership case was adjourned at High Court on Monday
Move follows discussions between Petroceltic and Worldview after court petition
Cayman fund warns offer at risk if Petroceltic’s examinership leads to equity wipeout
Bank sells its loans at about 30% of face value to activist shareholder Worldview
Move comes days after interim examiner appointed to troubled exploration firm
He will aim to formulate rescue plan within next three months for debt-ridden company
Move follows discussions between the exploration firm and shareholder Worldview
Explorer says further waiver over its debts agreed but not concluded due to petiton
Dissident shareholder seeks to secure court protection for oil and gas firm
Troubled oil and gas explorer says it still has the support of its lenders
Dissident shareholder says he is ‘insulted’ by suggestions he has contributed to its woes
Caymans firm also makes all-cash offer for troubled Irish explorer
Oil and gas explorer announces drilling on Ain Tsila gas field
Dublin-listed oil and gas explorer sales assets for a cash consideration of $9.5m
Company’s lenders say they are willing to consider further waivers on $217.8m debt
Petroceltic gains 74% after receiving bank waiver to allow it to continue sale talks
Struggling exploration group was already operating under a waiver from lenders
Investment firm evaluating and preparing for a possible all cash offer for the shares
Oil and gas explorer company’s held firm but at 12 cent per share
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