The Irish Times

Former Irish energy group to demand $1bn from Algeria as gas project seized

Sunny Hill Energy was formerly known as Petroceltic International

Thu Apr 15 2021 - 15:52

What the papers say: Fitzgerald buys Bruxelles and an end to negative equity

Nolan Transport owners to sue former adviser and Glanbia boss in line for windfall

Sun Mar 24 2019 - 15:55

Former Petroceltic consultant in Algeria to sue over fees

Summary judgment action filed against Petroceltic Investments for alleged debt

Fri Feb 17 2017 - 05:55

Turbulent times for the many Irish companies involved in exploration

Commodity price cycles are nothing new but the rise of fracking has really been a game changer in terms of the supply of oil

Fri Jul 08 2016 - 06:30

Petroceltic board steps down after examinership approval

Amended survival scheme reflects improved deal for the company’s staff

Thu Jun 16 2016 - 18:37

Petroceltic employees consider offer under survival proposals

Lawyers hope agreement between employees and examiner may be reached by Thursday

Wed Jun 15 2016 - 17:13

Petroceltic staff to voice concern over alleged writing down of rights

Group of 30 due just 5% of monies owed under examinership scheme

Fri Jun 10 2016 - 17:33

Petroceltic investors wiped out under examinership scheme

Worldview Capital to gain full control for cash payment of $7.8m

Thu May 26 2016 - 08:04

Petroceltic chief criticises rules allowing Worldview secrecy

Worldview not having to disclose ultimate owners ‘unfair’ for investors – Brian O’Cathain

Mon May 16 2016 - 01:00

Worldview selected as investor in Petroceltic

Examinership of oil and gas company is now expected to conclude in early June

Thu May 12 2016 - 07:47

Sunny Hill €8.1m takeover bid for Petroceltic lapses

Worldview-owned company says acceptance conditions have not been satisfied

Fri Apr 15 2016 - 08:53

High Court confirms examiner for Petroceltic

Application faced no opposition

Fri Apr 08 2016 - 15:33

Sunny Hill buys 30.56% of Petroceltic’s senior debt facility

Troubled explorer in court on Friday as part of an examinership process

Fri Apr 08 2016 - 12:44

Caveat: From zombies to Enda, Petroceltic row had it all

The company, caught between its dispute with Worldview and the collapse in oil prices, is due in court on Friday

Fri Apr 08 2016 - 07:35

Worldview offloads one third of Petroceltic’s debt to Cayman Islands fund

Debt holders will jockey for position at examinership hearing on Friday

Wed Apr 06 2016 - 18:26

Petroceltic issues update on Algeria development well

Company’s examinership case was adjourned at High Court on Monday

Tue Apr 05 2016 - 08:20

Petroceltic examinership petition adjourned at High Court

Move follows discussions between Petroceltic and Worldview after court petition

Tue Apr 05 2016 - 01:01

Worldview posts €8.2m offer for explorer Petroceltic

Cayman fund warns offer at risk if Petroceltic’s examinership leads to equity wipeout

Fri Mar 25 2016 - 07:45

HSBC said to take loss on Petroceltic loans as oil pain spreads

Bank sells its loans at about 30% of face value to activist shareholder Worldview

Tue Mar 22 2016 - 08:17

Worldview in the boxseat at Petroceltic after buying its debt

Move comes days after interim examiner appointed to troubled exploration firm

Thu Mar 10 2016 - 19:22

Cantillon: Tough job ahead for McAteer at Petroceltic

He will aim to formulate rescue plan within next three months for debt-ridden company

Thu Mar 10 2016 - 01:00

High Court appoints interim examiner to Petroceltic

Move follows discussions between the exploration firm and shareholder Worldview

Tue Mar 08 2016 - 16:55

Petroceltic shares suspended in Dublin and London

Explorer says further waiver over its debts agreed but not concluded due to petiton

Mon Mar 07 2016 - 09:29

Petroceltic consults lawyers over Worldview’s examinership move

Dissident shareholder seeks to secure court protection for oil and gas firm

Fri Mar 04 2016 - 17:49

Petroceltic urges shareholders to take no action on Worldview bid

Troubled oil and gas explorer says it still has the support of its lenders

Thu Mar 03 2016 - 17:40

Worldview claims Petroceltic debt for sale at 70% discount

Dissident shareholder says he is ‘insulted’ by suggestions he has contributed to its woes

Thu Mar 03 2016 - 01:00

Worldview eyes deal for Petroceltic’s $200m debts

Caymans firm also makes all-cash offer for troubled Irish explorer

Fri Feb 26 2016 - 20:35

Lenders give Petroceltic another waiver on its repayments

Oil and gas explorer announces drilling on Ain Tsila gas field

Mon Feb 22 2016 - 08:32

Petroceltic completes sale of Egyptian licences

Dublin-listed oil and gas explorer sales assets for a cash consideration of $9.5m

Thu Feb 18 2016 - 09:04

Petroceltic given lifeline as waiver extended by two weeks

Company’s lenders say they are willing to consider further waivers on $217.8m debt

Mon Feb 08 2016 - 07:34

Relief for markets as global equities rise

Petroceltic gains 74% after receiving bank waiver to allow it to continue sale talks

Fri Jan 29 2016 - 21:33

Petroceltic’s banks give a further week to strike sale deal

Struggling exploration group was already operating under a waiver from lenders

Fri Jan 29 2016 - 17:58

Worldview considers putting in all cash offer for Petroceltic

Investment firm evaluating and preparing for a possible all cash offer for the shares

Fri Jan 22 2016 - 11:05

Cantillon: Petroceltic woes signal flagging energy

Oil and gas explorer company’s held firm but at 12 cent per share

Thu Jan 21 2016 - 01:00