Michael McAteer of Grant Thornton: he was proposed as examiner last week by Worldview, a 29 per cent shareholder, in a move that caught Petroceltic’s management off guard.  Photograph: David Sleator

The appointment of Michael McAteer of Grant Thornton as interim examiner to troubled Petroceltic International must be the first thing that the compan(...)

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(...)

Petroceltic chief executive Brian O’Cathain. Petroceltic, has urged shareholders not to take any action

Troubled oil and gas explorer Petroceltic has responded to the £6.4 million (€8.2 million) takeover bid from activist shareholder Worldview Capital, u(...)

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

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

Petroceltic chief executive Brian O’Cathain

Troubled oil and gas explorer Petroceltic, which owes more than $200 million (€179m), has been given a further waiver on its repayments to allow it to(...)

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

The consortium of lenders to which Petroceltic International owes more than $200 million (€185m) has given it a further week-long waiver on its repaym(...)

Petroceltic ran out of funds after it was unable to raise cash on the bond markets late last year. It has also been unable to raise fresh equity due to the blocking stake held by Worldview

Worldview Capital, an activist fund based in the Cayman Islands that owns a 29 per cent stake in Dublin-based exploration company Petroceltic Interna(...)

 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 (...)

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