Irish oil firm T5 gearing up for public flotation

8th January, 2015

Fledgling Irish oil and gas explorer T5 is planning a reverse takeover of a larger British company which could be worth hundreds of millions of euro as a shortcut to a public listing

T5 is eager to take advantage of widely depressed share prices in larger companies brought on by the global plunge in oil prices.

The company is headed up by several former executives of Tullow Oil, the company which was founded in County...

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