Drill, baby, drill
Oil and gas players are charting a course for Irish waters, with growing optimism that there might be a major find waiting – or, at least, that costs are now low enough to take a punt, writes Barry J Whyte
It’s been a turbulent few decades for Irish oil and gas exploration.If anyone knows that, it’s Tony O’Reilly, chief executive of Providence Resources, a company whose lineage goes back to an oil exploration company founded by his father in 1981.
Providence and the O’Reillys have been there from virtually the beginning of the interest in Irish oil and gas and have seen the fortunes of offshore Ireland wax and wane as a paltry ...
