Petroceltic board steps down after examinership approval
Amended survival scheme reflects improved deal for the company’s staff
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
Group of staff in energy exploration company reject latest examinership proposal
Worldview Capital to gain full control for cash payment of $7.8m
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
Explorer says further waiver over its debts agreed but not concluded due to petiton
Investment firm evaluating and preparing for a possible all cash offer for the shares
Exploration company is seeking injunction to stop meeting being called
Shareholder Worldview to dispute firms legal action
Explorer tells court that meeting called by shareholder Worldview was unlawful
Petroceltic last egm on Monday voted down asset sale restrictions
Weak manufacturing data out of China leads to rout on markets
Bitter boardroom dispute between explorer and shareholder worsens
Spat between Irish explorer and its biggest shareholder has resumed
Swiss investment group calls on shareholders to oust chief executive Brian O’Cathain
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