Cash-rich Petroceltic in pole position
Happily for Brian O’Cathain, the credit crunch is something that is happening to other people.
Happily for Brian O’Cathain, the credit crunch is something that is happening to other people. The newly-installed chief executive of oil and gas explorer Petroceltic began 2009 sitting on a cash pile of $56 million (€40million) and is in the comfortable position, unlike many of his peers, of spending more time working out how to spend it than how to find it.
O’Cathain took over from Petroceltic founder and oil industry veteran John Craven...
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