Shareholders in Barryroe oil and gas field brace for €100m wipeout
Firm is fighting for its survival after Environment Minister turned down permit for exploration project
The Barryroe prospect was discovered in 2012
John Mulligan
Shareholders who ploughed more than €100m into troubled oil and gas exploration firm Barryroe look set to join a long list of disappointed investors in Ireland’s largely fruitless hunt for offshore riches.
Latest Irish Business
Shareholders that sued Ryanair get 13c a share ‘at most’ in US settlement
Jon Ihle: CRH’s move to the US is about capturing benefits not available in Ireland
Company directors will have to prove identity as rules tighten after exposé
Liquidators of Irish-based Russian leasing firms look for High Court orders asserting their control
Sales up 75pc at Pamela Scott fashion chain
Barryroe warns it has just three weeks of cash left after permit refusal
CRH gets shareholder approval to move stock listing to New York
Isif commits €65m to new fund to fight climate change
Glenveagh says improved planning process helping firm meet strong demand for housing
-
This Working Life: ‘Off the Clare Island ferry, they tell us they never expected such good coffee, pastries and bread’
Top Stories
‘If I can do it, you can too’ – Olivia Creaney on why she refused to back down after crime boss’ attack left her blind
Asking for a friend: ‘I fear if I go to Pride, word might get out in my home country to my parents. How can I settle these worries?’
Well-known journalist Ken Whelan has died, aged 71
Showers and humid conditions forecast as Riviera-like spell ends
Latest NewsMore
Soprano Carly Paoli: Event hosted by Vatican foundation will be ‘inclusive’
-
Ask Adrian: What are the best wireless earphones for my phone?
-
Cleopatra: the flop that kicked off the Burton and Taylor frenzy and killed off the Hollywood epic
-
Blindboy: why the podcaster has a bestseller in the bag
Humanity review: Dog takes the lead in saving the stupid people from themselves
Brendan O’Connor radio review: What have you got to complain about?
Meet the drama group and actors who are changing the narrative on disability, one role at a time
Stereophonics frontman Kelly Jones: ‘A lot of people can sing but very few can move you’
-
‘A lot of people in their thirties are carrying these backpacks of shame that they can’t get rid of’ – sex educator Jenny Keane
-
Something blue.. and yellow: ‘These women are making wedding dresses in a warzone with a smile on their face’