Petroceltic planning new acquisitions following Melrose Resources merger

Petroceltic is planning a new acquisition programme to follow the £165 million merger it will complete with British company Melrose Resources this week.

6th October, 2012

Irish oil and gas exploration company Petroceltic is planning a new acquisition programme to follow the £165 million merger it will complete with British company Melrose Resources this week.

"We are looking for opportunities to expand the business,” said Brian O'Cathain, who will continue as chief executive of the company following the merger.

"Where we see the right opportunity, we will look to take advantage of it. I would be hopeful that, after we...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 11 months ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago