Petroceltic chief executive Brian O’Cathain. Photograph: Dara Mac Dónaill/The Irish Times

Exploration firm Petroceltic has issued an update on its drilling in Algeria, with a development well on the Ain Tsila gas and condensate field confir(...)

Petroceltic chief executive Brian O’Cathain: Believed an interim examiner was urgently needed to deal with queries from creditors. Photograph: Dara Mac Dónaill

The High Court has fixed Friday to hear a petition seeking to confirm examinership for troubled exploration company Petroceltic and two related comp(...)

Brian O’Cathain, Chief Executive Officer of  Petroceltic: the High Court appointed an interim examiner to the exploration company on Tuesday

The High Court has appointed an interim examiner to troubled exploration company Petroceltic and two related firms. Mr Justice Brian McGovern appoin(...)

Worldview, a 29 per cent shareholder, has been in dispute with the board of Petroceltic for more than 18 months during which it sought to take over control of the company a number of times.

Petroceltic International says it is taking legal advice in relation to a surprise attempt by Worldview Capital, a dissident shareholder with a 29 per(...)

Angelo Moskov, founder of Swiss fund Worldview Capital, says he has seen documents showing the debt is for sale for “about 30 cents in the dollar”

The dissident shareholder of Petroceltic International that has launched a cut-price takeover bid says its banks have offered the exploration company(...)

Petroceltic chief executive Brian O’Cathain said the explorer was collaborating with partners on the Ain Tsila gas field to reduce overall development risk. Photo: Dara Mac Donaill/The Irish Times

Troubled oil and gas explorer Petroceltic, which owes more than $200 million (€179 million), has been given a two-week reprieve from its lenders. In (...)

Petroceltic chief executive Brian O’Cathain

Troubled oil and gas explorer Petroceltic has completed the sale of its Egyptian exploration licences to its joint venture partner Edison Internationa(...)

 Brian O’Cathain, chief executive officer of  Petroceltic, is leading a strategic review  at the company. Photograph: Dara Mac Donaill

The fat lady isn’t singing yet for the backers of Dublin-based oil and gas explorer Petroceltic International, but she’s backstage and clearing her th(...)

Brian O’Cathain, CEO of Petroceltic: Worldview Capital has been Petroceltic’s tormenter, but could it be its saviour?  Photograph: Dara Mac Dónaill

Worldview Capital, the dissident 29 per cent shareholder in Petroceltic International, has been uncharacteristically mute ever since the Dublin-based (...)

Petroceltic chief executive Brian O’Cathain

Pretax losses more than halved at Irish oil and gas exploration firm Petroceltic in the six months to the end of June with production slightly stronge(...)