A 42-year quest to drill oil from the Irish sea bed may be ending. Barryroe Offshore Energy announced yesterday it was going ahead with a creditors’ voluntary liquidation. Shares are suspended from trading and a liquidator is to be appointed. Barryroe began in 1981 as Atlantic Resources. Ten years later it was acquired and renamed Arcon International Resources. Six years after, Providence Resources was spun out of Arcon. And last year, Providence changed its name to Barryroe Offshore Energy. Barryroe has been frustrated by Eamon Ryan at the Department of the Environment, Climate and Communications (DECC). To proceed to the…
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