Pat Plunkett

21 results

Alan Linn: ‘The issue that Providence had was commercial as opposed to technical.’ Photograph: Daragh McSweeney/Provision

Providence Resources chief executive Alan Linn says he would not have taken the helm at the Irish oil and gas exploration company this year if it had (...)

On Tuesday afternoon, the results of an egm were published, showing support of over 99.9 per cent of investors for the share placing. Photograph: Finbarr O’Rourke

Shareholders in Irish oil and gas explorer Providence Resources have backed the company’s $3.3 million (€3.06 million) in new funding via a share plac(...)

Funding for the Barryroe project caused a tumultuous time for Providence Resources

Beleaguered Irish oil and gas explorer Providence Resources has appointed Alan Linn as its new chief executive. Mr Linn, who was previously chief ex(...)

T5 Oil & Gas executive chairman Pat Plunkett will have much to do to turn around the fortunes of the company this year. File photograph: Dara Mac Dónaill

While oil stocks globally have received a boost in the first few days of trading of the year as tensions in the Middle East have lifted prices, many I(...)

‘At present, valuations of quoted oil shares are extremely depressed relative to other sectors for a variety of reasons,’ says Pat Plunkett, chairman of T5 Oil & Gas. Photograph: Dara Mac Dónaill

T5 Oil & Gas, an Africa-focused explorer founded by a group of Tullow Oil veterans, has warned there is a “material uncertainty” over its ability (...)

Tony O’Reilly jnr’s decision to resign from Providence Resources after 14 years  ended an era of involvement in Irish plcs for his family. Photograph: Cyril Byrne

Tony O’Reilly jnr’s decision to resign from Providence Resources after 14 years was not unexpected given the company’s parlous financial state. It als(...)

Tony O’Reilly jnr said that, after more than two decades with Providence, “it is time for me to pursue new opportunities”. Photograph: Dara Mac Dónaill

Tony O’Reilly jnr has stepped down as chief executive of Providence Resources with immediate effect, after a tumultuous year for the oil and gas expl(...)

An oil rig operating in Barryroe, 50km from Co Cork. Taoiseach Leo Varadkar has said the Government will ban oil exploration off the Republic’s Atlantic coast. File photograph: PA

Providence Resources will seek a new partner to develop its Barryroe oil fields following the latest failure of Chinese backer Apec to loan it $9 mill(...)

Global stock investors took fright in early October as the US Federal Reserve signalled a possible more aggressive path for rate hikes, sending US bond yields to eight-year highs. Photograph: Andrew Caballero-Reynolds/AFP/Getty Images

Stock-market Cassandras warning of impending danger were a brave species at the start of the year, as Wall Street indices hit fresh all-time highs on(...)

Tullow Oil executive chairman Pat Plunkett: T5 has been holding talks with firms that could privately take a stake in the company. File photograph: Dara Mac Dónaill

T5 Oil & Gas, an Africa-focused exploration company founded by a group of Tullow Oil veterans, has postponed plans for a Dublin and London stock m(...)

  • 1
  • 2
  • 3
  • Next
  • Last »