Ian Guider's Market Talk

A toxic relationship has led to everyone losing out

Brian O’Cathain, chief executive of Petroceltic Maura Hickey

Petroceltic teetering on death’s door

There was never going to be an easy truce between the exploration company Petroceltic and its biggest investor Worldview after the battle they’ve waged over the last couple of years. However, for all of the bitterness between the two sides, it surely can’t have been the intention of either to put the struggling oil and gas company a step from death’s door. That is exactly where the company ...