Energy company Ardilaun's losses rise
The company was founded by oil industry veteran John McKeon, who was one of the founders of Circle Oil
Irish energy company Ardilaun saw its losses rise from €5.2 million to €7.9 million in 2016.
It comes as the company made a loss of €2.7 million for the year, up from €1.9 million the year before.
The company - which was founded by oil industry veteran John McKeon, who was one of the founders ofCircle Oil- had assets worth €1.75 million and owed its creditors €1.8 million. Among the team is former ...
